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Kotak Single Invest Advantage vs Kotak Single Invest Plus Plan

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Kotak Single Invest Advantage vs Kotak Single Invest Plus Plan

Kotak Single Invest Advantage

Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insurance in a single package. To face every market situation, this plan offers three different investment strategies and five unique funds to diversify yo...

Kotak Single Invest Plus Plan

Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan that offers dual benefits: protection and savings. You make a one-time premium payment and enjoy the benefits throughout the policy term while staying ...

PLAN DETAILS

Kotak Single Invest Advantage


Kotak Single Invest Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
Plan Uniqueness
  • Tax benefits
  • Loyalty additions
  • Fund options
  • Single payment- long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions
Plan Maturity age Maximum maturity age: 78 years Upto 67 years
Premium payment term Single 10 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 45 years Min- 3 years, Max- 52 years
Sum assured 10 times the basic sum assured 10 times of the Single Premium
Premium payment frequency Single Quarterly, Half-yearly, Annually
Plan Sample Premium - Min - : ₹300000, Max - : No Limit
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 and 15 years 10 and 15 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insurance in a single package. To face every market situation, this plan offers three different investment strategies and five unique funds to diversify your portfolio.

Wait, Wait, as per different life stages. This plan offers two different policy terms of 10- 15 years, so you can plan your finances accordingly. Overall, Kotak Single Invest Advantage is a blend of growth and security.

Kotak Single Invest Advantage 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 Single Invest Advantage Plan offers you a range of benefits including:

why-choose
  • One time payment
  • Tax Benefits
  • Vast investment options
  • Partial withdrawal
  • 3 Investment strategies
  • Switch funds

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