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"IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER."
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 Linked Insurance Products completely or partially till the end of the fifth year from inception...

The future is uncertain and because of that, some of us might not want to enrol ourselves into a financial plan that requires us to pay premiums regularly. So how do we reap the benefits of investments without the commitment of paying premiums year-on-year?

Kotak Single Invest Advantage is a one-time investment and insurance plan where you pay the premium just once and enjoy the dual benefits of life insurance and investment. This is an ideal plan to maximise the potential of a lump sum cash amount, rather than let it sit idle.

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Key Features

One-time payment, a lifetime of benefits.
Kotak Life Insurance enables you to make the most of your cash surplus in this one-time investment plan, Kotak Single Invest Advantage. So now you can gain the benefits of a long-term savings plan, without being tied down financially by regular premium payments. What's more, you'll have added life insurance coverage while you sit back and earn.

One good way to protect the well-being of your loved ones.
This single premium policy comes with a comprehensive life cover. This ensures that in the case of an unfortunate demise of the life insured, the family is well provided for and will not need to suffer financially .

Get rewarded for staying invested for a longer time
Unit-Linked Insurance Plans (ULIP) plans work best when they are taken with a long-term view in mind. And to top it all we reward you for staying invested with Kotak Life Insurance for a longer tenure by providing loyalty additions in your Fund Value.
Receive an additional bonus / Loyalty additions right after your 10th policy year and once again at the end of the 15th policy year. This way you will be benefited for the healthy investment behaviour of staying invested for a longer duration.
You will be receiving the loyalty additions as follows:
Annual Premium Payment:
Rs 50,000 to 1,99,999      Loyalty Addition : 2.25%
Rs 2,00,000 & above        Loyalty Addition : 3.00%
**Loyalty Addition (% of Average Fund Value in Main Account in the Preceding 3 Years)

A truly customised fund portfolio for your needs
whether you manage your portfolio actively or leave things to our investment experts, we offer you a choice of five funds ranging from safe-low return funds to high-returns options though with potentially higher risks.
Divide your money between these funds in whichever way you like or switch your money from one fund to another, giving you extreme flexibility of investment.
Find the most suitable fund(s) available with this single premium policy by using the risk-returns table right below or contact a Kotak Life Advisor to find out more.



General Exclusions

In the event of the Life Insured committing suicide within one year of the date of issue of the policy, only the Fund Value in the Main Account and Top-Up Account as on the date of death are payable.

In the event of the Life Insured committing suicide within one year of the date of payment of a Top-Up Premium, only the fund value in the Top-Up Account as on the date of death is payable in respect of that Top-Up premium. For all other Top-Up premiums (outside the suicide exclusion period), the applicable Top-Up Sum Assured would be payable.

Tax benefits & Disclaimer

Terms and conditions
Benefits earned under this plan are in accordance with the Income Tax Act, 1961. You can avail tax benefits on:
1. Your premiums under Section 80C.
2. Maturity or death claim proceeds under Section 10 (10D).

Read Brochure

Eligibility

Entry Age 3** to 65 years
** For age 3 to 7 years, underwriting screening will apply.
Maturity Age 18 to 75 years
Policy Term Option of 10 or 15 years
Basic Sum Assured Option 1 Basic sum assured = 5 x Single premium
Option 2 Basic sum assured = 1.25 x Single premium
Premium Payment Mode Single premium payment
Premium Amount Single premium
Minimum :Rs 30,000
Maximum :No limit
Top-Up Premium Minimum : Rs 10,000
Maximum : Total top up Premium paid shall not exceed single premium paid at that point of time
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: of 1.10 x Top-Up premium
Please refer to the rider brochure for more details or your Kotak Life Advisor.
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

Risk factors:

Insurance is the subject matter of the solicitation.
This is a Unit-Linked non-participating plan

  • Unit-Linked Life Insurance products are different from the Traditional Insurance Products and are subject to risk factors.
  • Premiums 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 Old Mutual Life Insurance Ltd is only the name of the insurance company andKotak Single Invest Advantage 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.
  • Please know the associated risks and the applicable charges from your insurance agent, the intermediary or policy document of the insurer.

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.

Kotak Mahindra Old Mutual Life Insurance Ltd.
Regn. No: 107,
Regd. Office: 4th Floor, Vinay Bhavya Complex,
159 A, CST Road, Kalina, Santacruz East, Mumbai: 400 098
Toll Free: 1800 209 8800 (8 am to 10 pm)
Website:http://insurance.kotak.com
Email: clientservicedesk@kotak.com


Kotak Single Invest Advantage
UIN - 107L065V02,
Form No. - L065, Reference No. - KLI/13-14/E-WEB/197.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
  • IRDA clarifies to public that IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

/// Know about KOTAK LIFE INSURANCE.

  • 1.Kotak Mahindra group, offering wide range of Fin services.

    ..

    Kotak Mahindra group, offering wide range of Fin services.

  • 2: our journey, since inception.

    2: our journey, since inception.

  • 3:Kotak Life insurance plans as per IRDA guidelines.

    ..

    3:Kotak Life insurance plans as per IRDA guidelines.

  • 4:Kotak Life products - Revised, Improved, Customer Friendly.

    4:Kotak Life products - Revised, Improved, Customer Friendly.

  • 5: Core purpose - PALTS

    5: Core purpose - PALTS

  • 6:Invest with us.

    6:Invest with us.

  • 7:India's most respected private Life Insurance co.

    7:India's most respected private Life Insurance co.



One time investment, Big time gain


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