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Kotak Fortune Maximiser

Create wealth through bonus payout from 1st policy year

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family.

Kotak Guaranteed Fortune Builder

A plan that offers guaranteed income for your future goals.

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Kotak Fortune Maximiser

A Non-Participating Non-Linked Life Insurance Individual Savings Product

When it is about your dreams and aspirations, there shouldn’t be any compromise. To realize your dreams, you ensure your money is invested in a disciplined manner through this savings plan that gives higher returns, helping you build a corpus to meet your important milestones.

Kotak Fortune Maximiser is a Participating Non-Linked Life Insurance Individual Savings Product which can be customized as per your requirement to help you achieve your life goals through multiple plan, payout & rider options. Your dreams are important and deserves to be fulfilled, therefore, life mein sirf #BadaSocho.

Key Features

100% premium allocation

Multiple Plan Options: Flexibility to choose from 3 Plan Options to fulfil your goal:

- Life Goal Maximiser

- Bright Future Maximiser

- Golden Years Maximiser

Yearly Additions

Multiple Bonus Payout Options Flexibility to choose from 3 Bonus Payout Options as per your convenience:

- Cash Bonus (Immediate Payout)

- Cash Bonus (Deferred Payout)*

- Paid-Up Additions

Return of Mortality Charges

Long Life Cover:

Secure your life & provide financial protection to your loved ones till 85 years.

Boost Retirement Savings & Income

Spouse Cover:

Flexibility to secure your spouse’s life under the same plan.

Flexible Investment Strategies

Multiple Riders:

Comprehensive coverage for yourself & loved ones through 6 Riders.

Multiple Plan Options

Enhanced Sum Assured for Female Life:

Avail High Sum Assured with the same premium for Female Life.

*Cash Bonus (Deferred Payout) is not applicable for Bright Future Maximiser and Golden Years Maximiser

Eligibility

  • Entry Age of Life Insured (as on last birthday)

  • Maturity Age of Life Insured (as on last birthday)

  • Policy Term

  • Basic Sum Assured

  • Premium Levels (Annual)

  • Premium Payment Term

  • Premium Payment Mode

  • Premium Modal Factor

Minimum: 0 years (90 days) Maximum:50 years – 6 & 15 pay
55 years – 8 / 10 & 12 pay
In case Spouse Cover is availed
Minimum: 18 years (Primary Life Insured & Spouse) Maximum: 60 years (Spouse)

85 years for Primary Life Insured

In case Spouse Cover is availed:
85 years or Age at Maturity whichever is lower (for Spouse).

85 years less Entry Age of Life Insured (Primary Life Insured in case Spouse Cover option is chosen)

Basic Sum Assured shall depend upon the Age, Gender, Policy Term, Premium Payment Term, Premium Amount & Bonus Payout Options chosen.

Basic Sum Assured is the Guaranteed Maturity Benefit to be payable on death or maturity

Sum Assured on Death for Spouse shall be 50% - 100% of the Basic Sum Assured applicable for Primary Life Insured.

Minimum: Maximum:
6 & 8 Pay: Rs. 48,000 No Limits, subject to Boardto Board Approved Underwriting Policy
10 /12 & 15 Pay: Rs. 36,000

6 /8 / 10 / 12 & 15 years

Yearly, Half yearly, Quarterly and Monthly

Yearly – 100% | Half yearly – 51% | Quarterly – 26% | Monthly – 8.8%

Eligibility Criteria All Channels (except POS) POS Channel
Entry Age
(as on last birthday)
Minimum: 3 years
Maximum: 60 years
Minimum: 3 years
Maximum: 65 years less Policy Term
Maturity Age
(as on last birthday)
Minimum: 18 years
Maximum: 75 years
Minimum: 18 years
Maximum: 65 years
Policy Term &
Premium Payment
Term (PPT)
PPT 5 Pay 6, Pay 7, Pay 10 Pay
Policy Term 10 | 15 years 12 | 18 years 14 | 20 years 15 | 20 years
Minimum Basic Sum Assured Determined on the basis of minimum premium amount, entry age, policy term and PPT
Example: For ₹20,000 annual premium, following shall be the Basic Sum Assured for entry
ages 3 & 50 years:
Age Policy Term Premium Payment Term Basic Sum Assured (₹)
3 years 15 years 5 years 1,36,908
3 years 20 years 10 years 2,49,212
50 years 15 years 10 years 1,50,910

Basic Sum Assured is calculated considering the channel as Individual Agents.
For details, please refer to the premium calculator on the website.

Maximum Basic Sum Assured Determined on the basis of minimum
premium amount, entry age, policy term and
PPT subject to UW Rules
₹25,00,000
Annualized Premium Minimum: ₹20,000
Maximum: No limit (subject to underwriting)
Minimum: ₹20,000
Maximum: ₹1,50,000
Premium Payment Mode Yearly, Half-yearly, Quarterly, Monthly
Premium Payment Option Limited only
Premium Modal Factor (% of annualized premium) Yearly - 100% , Half yearly - 51% , Quarterly - 26% , Monthly - 8.8%

How Does the Plan Work?

Step

1

Mr. Verma 35-year-old, decides to invest in the plan. He chooses Life Goal Maximiser and Bonus Option as Paid-Up Addition.

Step

2

He pays premium of Rs. 1,00,000^ p.a. for 12 years with policy term of 50 years. The Sum Assured is Rs. 11,19,535

Step

3

From the end of the first policy year, Paid-Up Addition gets accumulated till end of the Policy Term.

Step

4

He also has an option to withdraw Cash Value of accrued Paid-Up Additions during the policy term to meet his important life goals.

Step

5

On maturity, Mr. Verma will receive @8%# ₹ 1,50,47,273 & @4%# ₹33,02,268.

Step

6

In case of death, his nominee will receive the death benefit as per the policy condition.

Additional Protection with optional Riders

100% premium allocation

Kotak Term Benefit Rider

Allows additional death cover on the life of Primary Life Insured over and above the base plan’s Death Benefit.

Yearly Additions

Kotak Accidental Death Benefit Rider

Lump sum benefit paid on accidental death of the Primary Life Insured in addition to Death Benefit under the base plan.

Return of Mortality Charges

Kotak Permanent Disability Benefit Rider

Instalments paid on admission of a claim on Primary Life Insured becoming disabled due to accident.

Boost Retirement Savings & Income

Kotak Life Guardian Benefit Rider

On death of Policyholder, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits.

Flexible Investment Strategies

Kotak Accidental Disability Guardian Benefit Rider

On accidental disability of Policyholder, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits.

Multiple Plan Options

Kotak Critical Illness Plus Benefit Rider

Rider Sum Assured shall be payable on admission of a claim on any one of the 37 covered critical illness, with respect to Primary Life Insured, subject to terms and conditions, definitions and specific exclusions.

Multiple Plan Options

Tax Benefit

Tax benefits under the policy are subject conditions specified under the Income Tax Act, 2025 and other prevailing tax laws, if any as applicable. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from Tax Advisor.

Downloads

Know more about the plan and how it can benefit you.

Tax Benefit

Tax benefits under the policy are subject conditions specified under the Income Tax Act, 2025 and other prevailing tax laws, if any as applicable. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from Tax Advisor.


BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve 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 Fortune Maximiser: UIN: 107N125V04. Kotak Term Benefit Rider, UIN: 107B003V03, Kotak Accidental Death Benefit Rider, UIN: 107B001V04, Kotak Permanent Disability Benefit Rider, UIN: 107B002V03, Kotak Life Guardian Benefit Rider, UIN: 107B012V02, Kotak Accidental Disability Guardian Benefit Rider, UIN: 107B011V02, Kotak Critical Illness Plus Benefit Rider, UIN: 107B020V02.

This is a Participating Non-Linked Life Insurance Individual Savings Product. 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.


The above illustration is an extract of a separate, more detailed benefit illustration. For details, please refer to the Benefit Illustration. ^The premium figure is exclusive of Goods and Services Tax and Cess. The guaranteed and non-guaranteed benefits are applicable only if all due premiums are paid. #The assumed non-guaranteed rates of return chosen in the illustration are 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. The actual experience may be different from the illustrated. Please note that Bonuses are NOT guaranteed and may be as declared by the Company from time to time. The risk factors of the bonuses projected under the product are not guaranteed. Past performance doesn't construe any indication of future bonuses. These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.


Kotak Mahindra Life Insurance Company Ltd. Regn. No.: 107, CIN: U66030MH2000PLC128503, Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400 051. Website: www.kotaklife.com | WhatsApp: 9321003007 | Toll Free No. – 1800 209 8800 | Ref. No.: KLI/26-27/P-WEB/725.

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Limited under license.

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