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Kotak Platinum Insurance vs Kotak Life Guaranteed Savings Plan

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Kotak Platinum Insurance vs Kotak Life Guaranteed Savings Plan

Kotak Platinum Insurance

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. Rather than an average savings plan, this plan provides three different investment strategies to maximize long-term returns. Kotak Platinu...

Kotak Life Guaranteed Savings Plan

Kotak Life Guaranteed Savings Plan combines a guaranteed savings plan and a life insurance plan. In case of your uncertain demise, your loved ones will get death benefits, and if you outlive the policy tenure you will be paid maturity amount along with applicable additions. You can also choose from ...

PLAN DETAILS

Kotak Platinum Insurance


Kotak Life Guaranteed Savings Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Multiple investment strategies
  • Partial withdrawal option
  • Enhance protection through riders
  • Guaranteed loyalty additions
  • Limited premium payment options
  • Waiting period
Plan Uniqueness
  • Tax benefits
  • Partial withdrawal
  • Fund options
  • Loyalty additions
  • Tax benefits
  • Policy loan
Plan Maturity age Maximum maturity age: 75 years Maximum maturity age: 75 years
Premium payment term 5,10,15 and 30 years 5,7,8,10 years
Plan Entry Age Minimum entry age: 1 years Maximum entry age: 65 years Minimum entry age: 3 years Maximum entry age: 60 years
Sum assured 25 times AP Based on premium age, policy term, and premium payment term
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 10/ 14/ 15/16/20 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

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. Rather than an average savings plan, 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 is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Platinum Insurance Plan offers you a range of benefits including:

why-choose
  • 7 fund options
  • Tax Benefits
  • Vast investment options
  • Partial withdrawal
  • Flexible payment terms 
  • Rider benefits 

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