Kotak Platinum Insurance
vs
Smart Life Plan

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  • Multiple sum assured options
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Kotak Platinum Insurance vs Smart Life 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...

Smart Life Plan

Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st policy year to look after immediate financial needs. Policyholders can use such bonuses to take care of their families in their absence. Kotak SmartLife Pl...

PLAN DETAILS

Kotak Platinum Insurance


Smart Life Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Multiple investment strategies
  • Partial withdrawal option
  • Enhance protection through riders
  • Explore All about Kotak SmartLife Insurance
  • Understand the Key Features & Benefits
  • Check Eligibility Criteria
Plan Uniqueness
  • Tax benefits
  • Partial withdrawal
  • Fund options
  • Comprehensive Protection
  • Survival Benefit
  • Maturity benefit
Plan Maturity age Maximum maturity age: 75 years Maximum Maturity Age - 75 years
Premium payment term 5,10,15 and 30 years 6, 8, 10, 12, and 15 years
Plan Entry Age Minimum entry age: 1 years Maximum entry age: 65 years Minimum Age - 3 years Maximum Age - 55 years
Sum assured 25 times AP Rs. 2,50,000 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 75 years less entry age of life insured
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

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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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.