Kotak SmartLife Plan

Kotak SmartLife Plan is a participating, non-linked life insurance savings plan that helps you build long-term wealth while providing financial protection for your loved ones. You can receive annual cash bonuses or accumulate them to create a larger corpus for future goals.

The plan is designed to help you save systematically for important milestones such as your child's education, marriage, retirement planning, or other long-term financial goals, while also providing life insurance coverage.

Yes. Subject to the declaration of bonuses, you can opt to receive cash bonus payouts every year starting from the end of the first policy year to help meet your ongoing financial needs

If you do not require immediate payouts, you can choose to accumulate the cash bonuses, helping you build a larger corpus that can be used for significant future expenses.

In the unfortunate event of the life insured's demise during the policy term, the policy provides a death benefit to the nominee, helping your family meet important financial obligations and maintain their lifestyle.

No. Kotak SmartLife Plan is a non-linked plan, which means your policy benefits are not directly linked to market performance, offering greater stability and predictability.

You can choose a premium payment term of 6, 8, 10, 12, or 15 years and pay premiums annually, half-yearly, quarterly, or monthly, depending on your convenience.

Yes. You can strengthen your protection by adding optional riders, subject to eligibility and applicable terms and conditions. (Riders are not available for policies purchased through the POS distribution channel.)

Individuals from 3 years of age can be covered under the plan, subject to the applicable maximum entry age and underwriting guidelines. The policy can continue until a maturity age of up to 75 years.

Kotak SmartLife Plan offers the dual benefit of life insurance protection and long-term savings. With flexible bonus options, multiple premium payment terms, and the potential to build a corpus for future goals, it helps you prepare for life's milestones while protecting your family's financial future.