Kotak Platinum Plan|Investment Plans|Savings & Investment Schemes

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  • Kotak e-Term Plan

    Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.

  • Kotak Health Shield

    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 Lifetime Income Plan

    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!


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Kotak Platinum Plan

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/surrender the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year from inception.

An investment plan, customised to your needs

No one knows your requirements better than you. That’s why it is important to find the right investment avenues to meet your requirements. Keeping this in mind Kotak Life Insurance brings to you Kotak Platinum, an investment plan with nominal charges that you can customize as per your goals and requirements. With an unmatched combination of three investment strategies and flexibilities, it gives you complete control over your investments. It offers you exhaustive options to diversify your wealth so that you do not have to look for any other investment avenue.

How it works

  • Raunaq Shah is 35 years old, a young executive who is willing to take a little risk with his investment

    1. He chooses a policy term and premium payment term of 20 years with annual premium of Rs. 5,00,000 and a Sum Assured of Rs. 50,00,000
  • He chooses the Age Based Strategy as it offers him the flexibility to change Risk Appetite as per market movements, and starts with an Aggressive Risk Appetite

  • At the end of 10 years, his cumulative premium is Rs. 5,000,000, fund value at 8%# is Rs .68,87,502 and fund value at 4%# is Rs.55,25,835.

    At maturity, when Mr. Shah 55 years and is nearing retirement, his cumulative premium is Rs. 10,000,000 and fund value at 8%# is Rs. 2,04,58,417 and fund value at 4%# is Rs. 1,30,55,764.

  • This allows him to look forward to his retirement in peace

    #The values are based on assumed investment rate of return of 4% p.a. & 8% p.a. The values shown are not guaranteed and they are not upper and lower limit 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.

    The above premium figures are net of Goods and Services Tax and Cess , as applicable. Goods and Services Tax and Cess rates are subject to change from time to time as per the prevailing tax laws and/or any other laws.

Key features

  • Capitalize on unmatched options of three Investment Strategies to build a substantial corpus

    To get the best out of your money it is important to determine your investment horizon. This enables you to establish your risk-return profile and thereafter choose the funds that suit you. Kotak Platinum offers you the flexibility to choose from 3 Investment Strategies; Self Managed Strategy: If you wish to manage your investment on your own. Age Based Strategy: If you don’t have the time or financial expertise in managing your Investment. Systematic Switching Strategy (SSS): If you want to avail the benefit of equity investment in a systematic manner.

  • Minimum charges, maximum earnings

    Ensure that 95% to 98.5% of your premium payment is contributed to the investment you have picked, to maximise your returns.

  • Keep earning with additional Survival Units

    On top of the earnings your investment brings, be rewarded with extra Survival Units at the end of 10th policy year and every 5 years thereafter. The Survival Units are equal to 2% of the average Fund Value (in the Main Account) in the immediately preceding three years.

  • Flexible payment period

    Option of 5/7-year premium payment period for a policy term of 10 years, or 7/10-year premium payment period for policy terms of 15 to 30 years. In cases where longer payment period doesn’t suit your needs, you may also pay yearly, half-yearly, quarterly or monthly and enjoy greater flexibility in the way you invest.

  • Other advantages

    Get life insurance cover to safeguard your family's well-being. Flexibility to receive maturity benefit either via lump sum payment or in instalments through Settlement Option. Choice of partial withdrawals to address your financial needs. Enhance protection with Accidental Death and Permanent Disability Benefit Rider.


  • Age criteria

    • Entry Age: 0 to 65 years (60 years for limited pay)
  • Maturity Age

    18 to 75 years

  • Policy Term:

    Premium Payment type Policy Term
    Regular Pay 10 to 30 years
    Limited 5 Pay 10 years
    Limited 7 Pay 10 years and 15 to 30 years
    Limited 10 Pay 15 to 30 years
  • Premium Payment Mode

    • Yearly / half-yearly / quarterly / monthly
  • Premium Payment Term

    • Regular: Equal to the policy term.
    • Limited: 5 & 7 year payment with policy term of 10 years | 7 & 10 year payment with policy term of 15 to 30 years
  • Premium

    Mode Minimum
    Other Channels
    Maximum Premuim
    Yearly Rs. 99,000
    Half Yearly Rs. 49,500
    Quarterly Rs. 24,750
    Monthly Rs.8,250 No Limit
  • ​Basic Sum Assured

    Regular Pay:

    Age Band Minimum Maximum
    Less than equal to 45 years 7 times AP 25 times AP
    46 years – 55 years 7 times AP 15 times AP
    56 years – 65 years 7 times AP 10 times AP

    Limited Pay:

    Age Band / Limited Pay Minimum Maximum
    5, 7 & 10 Pay 5 Pay 7 & 10 Pay
    Less than equal to 45 years 7 times AP 15 times AP 15 times AP
    46 years – 50 years 7 times AP 10 times AP 15 times AP
    51 years – 60 years 7 times AP 10 times AP 10 times AP
  • Top-Up Premium

    • Minimum: 10,000
    • Maximum: The total Top-Up premium paid shall not exceed the sum of all the Annualised premiums paid at that point of time
  • Top-Up Sum Assured : 1.25 X Top-Up Premium

Additional protection with optional Riders

  • Kotak Accidental Death Benefit Rider

    In addition to the death benefit as per the base plan, the Rider Sum Assured is payable in case of an unfortunate demise of the life insured due to accident.

  • Kotak Permanent Disability Benefit Rider

    In case of Total & Permanent disability of the life insured due to accident, the Rider Sum Assured is payable and the base policy continues.

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Policy FAQs

Read about Tax benefits & Plan Disclaimer

Benefits earned under this plan are in accordance with the Income Tax Act, 1961. You can avail tax benefits on:

  • Your premiums under Section 80C.
  • Maturity or death claim proceeds under Section 10 (10D).

Tax benefits are subject to conditions specified under the 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.

Terms and conditions

Risk factors

  • Unit-linked life insurance products are different from the traditional insurance products and are subject to 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 Platinum 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 plans, 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 or Corporate Agent / Insurance Broker 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 Platinum UIN: 107L067V06, Form No: L067, Kotak Accidental Death Benefit Rider (Linked) UIN – 107A017V01 Form No: A017, Kotak Permanent Disability Benefit Rider (Linked) UIN – 107A018V01 Form No: A018, Ref No.:KLI/21-22/E-WEB/565

This is an individual, Unit-linked, Non-par, 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.

Regd. Office:

Kotak Mahindra Life Insurance Company Ltd.

Reg No. 107
CIN : U66030MH2000PLC128503
2nd Floor, Plot # C- 12, G- Block, BKC,
Bandra (E), Mumbai - 400051 | Website:
https://www.kotaklife.com | WhatsApp: 9321003007 | Toll Free: 1800 209 8800 (8 am to 10 pm)


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.

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

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