Kotak Single Invest Plus Plan
vs
Saral Maha Anand

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  • Multiple sum assured options
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Kotak Single Invest Plus Plan vs Saral Maha Anand

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 ...

Saral Maha Anand

SBI Life Saral Maha Anand is a unit-linked non-participating life insurance product that offers growth opportunities through capital market participation, taking care of your future needs. The plan provides dual benefits under which you can invest your hard-earned money and receive the benefits of a...

PLAN DETAILS

Kotak Single Invest Plus Plan


Saral Maha Anand

Premium Including GST
Key Features
(Key features of the plan)
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
  • Accidental Death Rider Benefits
  • Availability of 3 Fund Options
  • No medical Examination Required
Plan Uniqueness
  • Single payment- long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions
  • Guaranteed Additions of up to 30%
  • Requires no medical examination
  • Flexibility to choose from 3 fund options
Plan Maturity age Upto 67 years Maximum Maturity Age - 65 years
Premium payment term 10 years 10/15/20 years
Plan Entry Age Min- 3 years, Max- 52 years Minimum Age - 18 years Maximum Age - 55 years
Sum assured 10 times of the Single Premium 10 × AP to 20 × AP
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 10/15/20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age- 14 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.