Choice of funds that best suited your needs.
you can choose to spread your investment across a range of 8 fund options ranging from cautious to aggressive funds.
See the risk-return table illustrated below to see which product(s) is/are most suitable or contact a Kotak Life Advisor to know more.
Fund Switch Options
Need to switch to a plan with lower risk or one that brings higher returns?
Don't worry, as you'll have 12 free switches in a policy year for greater control over your investment.
Minimum charges, maximum earnings
With Kotak Platinum's low charges, we ensure that 95% to 98.5% of your premium payment goes straight to the investment you have picked, to maximise your returns.
.
Keep earning with additional Loyalty additions
On top of the earnings your investment brings; be rewarded with extra Loyalty additions at the end of 10th policy year and every 5 years thereafter. Thus, the longer you stay with us, the more you get out of your investment. The Loyalty Additions are equal to 2% of the average Fund Value (in the Main Account) in the immediately preceding three years.
Flexible payment period
If a longer payment period doesn't suit your needs, you can always opt for a shorter one.
Choose either :
1) 5-year premium payment period for a policy term of 10 years,
Or
2) 10-year premium payment period for policy terms of 15 to 30 years
What's more, you also have the option to pay annually, half-yearly, quarterly or monthly - giving you even greater flexibility in the way you invest.
Other advantages
1) Option for partial withdrawals and policy loan
2) Flexibility to receive maturity benefit via lump sum payment or in instalments
3) Life insurance cover that safeguards your family's well-being
One fine body...
In case the life insured commits suicide within one year of date of issue of the policy, the beneficiary will receive the Fund Value in the Main and the Top-Up Account.
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 under the policy will be as per the prevailing income tax laws and are subject to change in the tax laws. You are advised to consult your tax adviser for details.
| Entry Age | 0 to 65 years |
|---|---|
| Maturity Age | 18 to 75 years |
| Policy Term | 10 to 30 years The minimum policy term for minors is 10 or 18 years minus age last birthday of the life insured on the date of commencement, whichever is greater. |
| Basic Sum Assured | Minimum sum assured : Entry age of below 45 Min : Higher of 10 x annualised premium OR 0.5 x policy term x annualised premium Entry age of 45 and above Higher of 7 x annualised premium OR 0.25 x policy term x annualised premium Maximum sum assured is 25 x annualised premium. |
| Premium Payment Mode | Annual/Half-Yearly/Quarterly/Monthly |
| Premium Levels | Minimum
Annual: Rs 99,000; Half-yearly: Rs 49,500; Quarterly: Rs 24,750; Monthly: Rs 8,250. Max : No Limit |
| Premium Payment terms |
Regular Payment applies throughout policy term. Limited 5-year payment with policy term of 10 years. 10-year payment with policy term of 15 - 30 years. |
| Top-Up Premium |
Minimum payment Rs 10,000 Maximum payment 10 x annualised premium (aggregate of all Top-Up premiums) |
| Top-Up Sum Assured |
Top-Up at ages below 45 years Top-Up Sum Assured: 1.25 x Top-Up premium. Top-Up at ages 45 years and above Top-Up Sum Assured : 1.10 x Top-Up premium. |
Insurance is the subject matter of the solicitation.
This is a Unit-Linked non-participating plan
For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.
Insurance is the subject matter of the solicitation.
This website content is not a brochure and only gives the salient features of the plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. For more details on rider benefits, please refer to the rider brochure.
