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Kotak Platinum Insurance
VS
Lic
| PLAN DETAILS |
Kotak Platinum Insurance |
Lic |
| 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 - Whole life |
| Premium payment term | 5,10,15 and 30 years | - |
| Plan Entry Age | Minimum entry age: 1 years Maximum entry age: 65 years | Minimum Age - 25 years Maximum Age - 100 years |
| Sum assured | 25 times AP | Rs 1 lakhs to No limit |
| Premium payment frequency | Yearly, Half-yearly, Quarterly, Monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 10 to 30 years | Minimum term - 5 years Maximum term - Whole life |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | 98.5% |
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:
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