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Kotak Single Invest Advantage vs Lic Hindi

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Kotak Single Invest Advantage vs Lic Hindi

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 navigate various market situations, this plan offers three different investment strategies and five unique funds to diver...

Lic Hindi

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits that help you to stay protected and earn great returns. The plan allows the insured to monetize the investment opportunities associated with the stock m...

PLAN DETAILS

Kotak Single Invest Advantage


Lic Hindi

Premium Including GST
Key Features
(Key features of the plan)
  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Tax benefits
  • Loyalty additions
  • Fund options
  • Partial Withdrawals
  • Switches
  • Guaranteed Additions
Plan Maturity age Maximum maturity age: 78 years Maximum Maturity Age - 85 years
Premium payment term Single 10 to 25 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 45 years Minimum Age - 90 days Maximum Age - 70 years
Sum assured 10 times the basic sum assured Rs 1 lakhs to No limit
Premium payment frequency Single Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 and 15 years Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

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 navigate various market situations, this plan offers three different investment strategies and five unique funds to diversify your portfolio.

Tailored for different life stages, this plan offers two policy terms of 10-15 years, allowing you to plan your finances accordingly. Overall, Kotak Single Invest Advantage is a blend of growth and security.

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

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

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