Kotak Single Invest Advantage
vs
Sbi Smart Bachat

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  • Multiple sum assured options
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Kotak Single Invest Advantage vs Sbi Smart Bachat

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...

Sbi Smart Bachat

Save yourself and your family from the rising inflation with SBI Life Smart Bachat. It is important to plan for future savings and expenses wisely while considering the present inflation rate. And what could be better than investing in a plan that helps you save enough to fulfill your long-term fina...

PLAN DETAILS

Kotak Single Invest Advantage


Sbi Smart Bachat

Premium Including GST
Key Features
(Key features of the plan)
  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
  • Know All About SBI Life Smart Bachat
  • Explore the Key Features & Benefits
  • Understand the Exclusions
Plan Uniqueness
  • Tax benefits
  • Loyalty additions
  • Fund options
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum maturity age: 78 years Maximum Maturity Age - 65 years
Premium payment term Single 7/10/15 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 45 years Minimum Age - 3 years Maximum Age - 50 years
Sum assured 10 times the basic sum assured Rs 2 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 Minimum term - 15 years Maximum term - 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

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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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.