Now you can buy life insurance plans completely online right here.
Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.
The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.
Kotak e-Invest is a comprehensive Unit Linked Life Insurance Plan that can be customized as per your goals and needs - be it protection; investment; financial security for child or retirement planning.
Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!
Our representative will get in touch with you at the earliest.
Individual, Unit-Linked, Non-Par, Endowment Life Insurance Plan
“IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER”
The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to withdraw or surrender the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year from inception.
You have your goals set in life and are working hard to achieve them. In this journey, it is important that your hard earned money is invested in the right funds at minimal cost. Keeping this in mind, Kotak Life Insurance introduces Kotak e-Invest - a comprehensive Unit Linked Life Insurance Plan that can be customized as per your goals and requirements. To take care of various needs, we have designed an insurance plan that can be customized to meet your needs- whether it is protection; investment; financial security for child; retirement planning – this is an all in one solution.
o 100% allocation of your premiums, which you pay is fully invested into the funds.
o Starting from end of 6th policy year onwards till maturity or death whichever is earlier based on the plan options.
o 25% to 200% of Life Cover charges deducted will be added to the fund value on survival of Life Assured till maturity, on maturity date based on the policy term chosen (if applicable).
o Maximiser – This option is aimed at maximizing your returns for the money invested.
o Rising Star option offers Triple Protection Benefit on parent’s death through lump sum payout, monthly income and policy continuation till maturity
o Retire Rich Option cover till the age of 99 years
o Ensuring your expenses after Retirement are taken care of.
o This plan enables you to choose the funds that suits your risk profile. It offers you the flexibility to choose from 2 Investment Strategies: (1) Self - Managed Strategy and (2) Age Based Strategy
|Parameter||Plan Option||Eligibility Criteria|
|Maximizer||3 years||60 years|
|Rising Star||18 years||50 years|
|Retire Rich||3 years||50 years|
|Maximizer||18 years||75 years|
|Rising Star||28 years||60 years|
|Retire Rich||Fixed at 99 years age of Life Insured|
|Policy Term||Plan Option||Policy term|
|Rising Star||10 years / 12 years / 15 years / 20 years|
|Retire Rich||99 minus Entry Age of Life Insured|
|Note: 1. For Maximizer and Retire Rich, the minimum policy term will be equal to the smallest available term to ensure that the Life Insured is a Major at the time of maturity. For example if the Life Insured’s age is 7, minimum policy term available would be 12 years 2. For Rising Star option, minimum policy term will be greater of 10 years and 18 minus age last birthday of the Beneficiary on the date of commencement, to ensure that the policy matures when the beneficiary has attained the age of majority. In case where 18 minus age last birthday on the date of commencement lies between two available policy terms, the next higher policy term will be offered.|
|Premium Payment Term Options (PPT)||Category||Premium Payment Term Option (PPT)||Policy Term|
|Maximizer||Regular||Regular||10 / 12 / 15 / 20 years|
|Limited||5, 7 years||10 / 12 / 15 / 20 years|
|10 years||12/ 15 / 20 years|
|Rising Star||Regular||Regular||10 / 12 / 15 / 20 years|
|Limited||5, 7 years||10 / 12 / 15 / 20 years|
|10 years||12/ 15 / 20 years|
|Retire Rich||Limited||10 to 60 minus Age at Entry of Life Insured||99 minus Entry Age of Life Insured|
|Premium Level||Maximizer||Rising Star||Retire rich|
|yearly||Rs. 9,000/-||Rs. 24,000/-||Rs. 24,0000/-|
|Half Yearly||Rs. 4,500/-||Rs. 12,000||Rs. 12,000|
|Quarterly||Rs. 2,250/-||Rs. 6,000/-||Rs. 6,000/-|
|Monthly||Rs. 750/-||Rs. 2,000/-||Rs. 2,000/-|
|Sum Assured||Maximizer||Rising Star||Retire Rich|
|Basic Sum Assured(Min & Max)||10 times Ap||10 times Ap||10 times Ap|
|Mode||Maximizer||Rising Star||Retire Rich|
|Yearly, Half-Yearly, Quarterly, Monthly|
(Annualized Premium = AP)
Send a "Hi" to 93210 03007, from your registered mobile number.
Call our toll free number and our representative will help you buy the most suitable plan.
Tax Benefits & Disclaimers The tax benefit is applicable as per Income Tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.
Risk Factors • Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. • The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. • Kotak Mahindra Life Insurance Company Ltd. is only the name of the Insurance Company and Kotak e-Invest is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. • The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these funds, their future prospects and returns. • The past performance of other Funds of the Company is not necessarily indicative of the future performance of the funds. • Please know the associated risks and the applicable charges (along with the possibility of increase in charges), from your Insurance Agent / Corporate Agent / Insurance Broker / Intermediary or policy document of the insurer.
• All benefits payable under the Policy are subject to the Tax Laws and other financial enactments, as they exist from time to time. Kotak e-Invest; UIN – 107L121V01, Form No. – L121, Ref No. – KLI/21-22/E-WEB/109, Kotak Accidental Death Benefit Rider (Linked) UIN – 107A017V01 Form No: A017, Kotak Permanent Disability Benefit Rider (Linked) UIN – 107A018V01 Form No: A018 This is an individual Unit-linked Non-participating Endowment Life Insurance Plan. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. For more details on riders, please read the Rider Brochure.
Kotak Mahindra Life Insurance Company Ltd.
Reg No. 107 CIN : U66030MH2000PLC128503 Regd. Office: 2nd Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400051 Toll Free: 1800 209 8800 Website: https://insurance.kotak.com Email: firstname.lastname@example.org BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. .
Kotak Single Invest Plus is a single premium unit linked plan where, by just paying once, you can reap benefits and also stay protected.Know more
Kotak Life Insurance presents a simple savings and protection oriented plan, which provides all guaranteed benefits while giving life insurance cover – Kotak POS Bachat Bima.Know more
Kotak Ace Investment Plan is designed with the clear objective of helping you accumulate wealth and provide you adequate life cover.Know more
Kotak Premier Endowment Plan offers Guaranteed Additions in the first 5 policy years and also works to provide you a corpus through continued bonuses.Know more
Kotak Premier Moneyback Plan is a limited pay plan that provides lump sum payouts at regular intervals to meet your interim financial requirements and let you offer the best to your family.Know more
Kotak Classic Endowment Plan is a long term protection cum savings plan that offers protection benefit while earning bonuses during the policy term.Know more
Kotak Life Insurance presents Kotak Premier Income Plan a savings and protection oriented plan that provides Guaranteed Annual Income immediately after the premium payment term to provide you with an additional annual income.Know more
A Limited Pay Non-Linked Participating Life Insurance plan. You earn and work hard to accomplish your dreams and aspirations at every stage of life.Know more
Kotak Premier Life Plan is a limited premium paying participating whole life plan, where you can choose to receive bonus payouts even after premium payment term expires.Know more
Kotak Sampoorn Bima Micro Insurance Plan is a single premium plan with fixed term of 5 years to cater to the needs of low-income customers.Know more
A Non-Linked Non-Participating Life Insurance planKnow more
Kotak Single Invest Advantage is a hassle-free unit linked plan, where you invest once and reap the benefits throughout the policy term.Know more
Kotak Wealth Optima Plan is a protection and savings oriented unit linked insurance plan. The plan provides life insurance cover to protect your family in case of your unfortunate demise. It also provides the flexibility of choosing premium payment term, investment strategy and investment horizon.Know more
Kotak Invest Maxima is an investment oriented unit-linked life insurance plan with maximum premium allocation and a Systematic Switching Strategy that allows you to enter the equity market in a systematic manner.Know more
Kotak Platinum is an investment plan with an unmatched combination of three investment strategies and flexibilities for complete control over your investments.Know more
The benefits of a ULIP are not restricted to high returns. In addition to this, you can enjoy a life cover, tax exemptions and many more. Click here to know the major benefits of a ULIP.Know more
Kotak Assured Savings Plan is an affordable protection plan that enables you to accumulate wealth and strengthens your finances for the future.Know more
Kotak Assured Income Accelerator ensures that you get Guaranteed Income every year on the same amount of savings and that the Guaranteed Income increases year on year.Know more