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Kotak Single Invest Advantage vs Retire Smart

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Kotak Single Invest Advantage vs Retire Smart

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...

Retire Smart

SBI Life Retire Smart Plan is a unit-linked non-participating pension plan that guarantees 101% of all premiums paid by the policyholder on maturity and also protects your funds from market volatility. Along with the life insurance cover, multiple fund options such as equity Pension Fund, Bond Pensi...

PLAN DETAILS

Kotak Single Invest Advantage


Retire Smart

Premium Including GST
Key Features
(Key features of the plan)
  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
  • Protection After Retirement For Better Tomorrow
  • The Plan Offers Guaranteed Additions Available
  • Get The Tax Benefit On Premium Paid
Plan Uniqueness
  • Tax benefits
  • Loyalty additions
  • Fund options
  • Guaranteed Benefits
  • Terminal Benefits
  • Advantage Option
Plan Maturity age Maximum maturity age: 78 years Maximum Maturity Age - 80 years
Premium payment term Single 5/8/10/15 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 45 years Minimum Age - 30 years Maximum Age - 70 years
Sum assured 10 times the basic sum assured Rs 1 lakh 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 10, 15, 30 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age- 30 year
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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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