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Monthly Income Advantage Plan
VS
Kotak Single Invest Plus Plan
Min - : ₹300000, Max - : No Limit
| PLAN DETAILS |
Monthly Income Advantage Plan |
Kotak Single Invest Plus Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
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| Plan Uniqueness |
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|
| Plan Maturity age | Maximum Maturity Age - 90 years | Upto 67 years |
| Premium payment term | 6,8,10,12,15 years | 10 years |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 55 years | Min- 3 years, Max- 52 years |
| Sum assured | No limit | 10 times of the Single Premium |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Quarterly, Half-yearly, Annually |
| Plan Sample Premium | - | Min - : ₹300000, Max - : No Limit |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | Minimum term - 16 years Maximum term - 45 years | 10 and 15 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 5 year |
Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guaranteed income for a certain duration. You can also avail of riders including term plus rider, accidental death, disability rider, COVID-19 one-year rider, critical illness, and disability rider to enhance overall coverage. You can avail of a sum assured ranging from Rs 54,000 to no upper limit. This plan has 15 plan variants and you can choose the one that best suits your needs.
Axis Max Monthly Income Advantage Plan offers you a range of benefits including:
Guaranteed monthly income
Waiver of future premiums
Reduced paid-up value
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