Kotak Single Invest Plus Plan
vs
Retire Smart

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  • Multiple sum assured options
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Kotak Single Invest Plus Plan vs Retire Smart

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 ...

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 Plus Plan


Retire Smart

Premium Including GST
Key Features
(Key features of the plan)
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
  • Protection After Retirement For Better Tomorrow
  • The Plan Offers Guaranteed Additions Available
  • Get The Tax Benefit On Premium Paid
Plan Uniqueness
  • Single payment- long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions
  • Guaranteed Benefits
  • Terminal Benefits
  • Advantage Option
Plan Maturity age Upto 67 years Maximum Maturity Age - 80 years
Premium payment term 10 years 5/8/10/15 years
Plan Entry Age Min- 3 years, Max- 52 years Minimum Age - 30 years Maximum Age - 70 years
Sum assured 10 times of the Single Premium Rs 1 lakh to No limit
Premium payment frequency Quarterly, Half-yearly, Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium Min - : ₹300000, Max - : No Limit -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 and 15 years 10, 15, 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age- 30 year

Know More About Plans

Overview

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 protected with life coverage. The Kotak Single Invest plan helps you stay invested and generate wealth through the unit-linked funds and the loyalty additions provided by the company. This investment plan offers easy liquidity and numerous fund options to choose from, which sets this plan apart from others. With Joint Life Cover features, you can add your spouse and get life coverage for two people under a single plan. You can withdraw money wholly or partially after the five-year lock-in period.

Kotak Life Insurance Single Invest Plus Plan offers you a range of benefits including:

why-choose
  • Makes a single premium payment and gets the benefits of long-term coverage.
  • The Joint Life cover feature offers coverage for both the husband and the wife under a single policy.
  • Get the advantage of Loyalty Additions.
  • Convenience of choosing your investment funds as per your Risk Profile.
  • Pay the premium once and enjoy life coverage throughout the policy term.
  • At maturity, fund value, with added loyalty additions, will be payable along with the last payout.

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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.