Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and insurance in one premium.
Kotak Lifetime Income Plan
Retirement years are the golden years of life.
Our representative will get in touch with you at the earliest.
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 surrender /withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year from inception.
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.
Raunaq Shah is 35 years old, a young executive who is willing to take a little risk with his investment
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 and has sourced the policy through an Individual Agent
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.
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; 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.
Ensure that 95% to 98.5% of your premium payment is contributed to the investment you have picked, to maximise your returns.
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.
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.
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.
18 to 75 years
| 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 |
| 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 |
| 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 |
| 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 |
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.
DownloadIn case of Total & Permanent disability of the life insured due to accident, the Rider Sum Assured is payable and the base policy continues.
DownloadKnow more about the plan and how it can benefit you.
Call our toll free number and our representative will help you buy the most suitable term insurance plan.
Say "Hi" to 93210 03007
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Know moreYou may avail of tax as per the Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Goods and Services Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.
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