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Kotak Platinum Insurance
VS
Kotak E Invest Plan
| PLAN DETAILS |
Kotak Platinum Insurance |
Kotak E Invest Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum maturity age: 75 years | Maximum maturity age: 99 years |
| Premium payment term | 5,10,15 and 30 years | 10 to 60 - Age at Entry or 5, 7, 10 years. |
| Plan Entry Age | Minimum entry age: 1 year, Maximum entry age: 65 years | Minimum entry age: 3 years. Maximum entry age: 60 years. |
| Sum assured | 25 times AP | 10 Times Annual Premium |
| Premium payment frequency | Yearly, Half-yearly, Quarterly, Monthly | Monthly, Quarterly, Half-yearly, and Yearly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 10 to 30 years | 99- Age of life insured |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 5 year |
Kotak Platinum Insurance Plan is an individual unit-linked life insurance savings plan. It offers the dual benefits of insurance and savings in the same product. This plan provides three different investment strategies to maximize long-term returns.
Kotak Platinum Insurance Plans offer a 100% tax-free lump sum at maturity under section 10(10)D of the Income Tax Act 1961.
Kotak Platinum Insurance Plan offers a range of benefits, including:
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