#Virukipolicy | T&C*
Kotak Life Insurance is one of the fastest-growing insurance companies in India, covering over 19 million lives nationwide. The company deals with world-class Indian financial services with technology and best practices benchmarked along international lines. It satisfies customers with effective insurance products.
Talking about insurance, Kotak Mahindra offers ULIP Plans which are a range of Savings and Investment Plans that makes sure your money does all the hard work so that you get the opportunity for wealth creation more conveniently by making investments in combination with life insurance cover so that you can celebrate and live your life to the fullest without any concerns for tomorrow.
|Kotak Mahindra ULIP Plans||Annualized Premium (Rs.)||Entry Age||Policy Term (in years)||Maximum Maturity Age (in years)|
|Kotak Invest Maxima||Rs. 50,000 onwards||0 years||65 years||Regular Premium: 10, 15, 20, 25 & 30 years | Limited Premium: 10, 15, 20, 25 & 30 years | Single Premium: 10 years||75|
|Kotak Single Invest Advantage||Rs. 3,00,000 onwards||3 years||45 years||10 and 15 years||58|
|Kotak Wealth Insurance||Rs. 20,000 onwards||0 years||65 years||10/15/20/25/30 years||75|
|Kotak Single Invest Plus||Rs. 3,00,000 (Single pay only)|
*For age 3 to 7 years, underwriting screening will apply
|3 years||55 years||10 and 15 years||67|
|Kotak Platinum Plan||Rs. 99,000 onwards||0 years||65 years||10 to 30 years||75|
|Kotak Ace Investment||Rs. 30,000 onwards||0 years||65 years||10/15/20/25/30 years||75|
It is a unit-linked & investment-oriented life insurance plan with a systematic switching strategy and maximum premium allocation that guides you to be a part of the equity market in a structured manner.
It is a unit-linked plan that consists of investment strategies & easy liquidity to match your investment objectives.
This Kotak ULIP Plan allows you to build a corpus of money by regularly investing in the funds of your choice while ensuring that your family is well protected through a comprehensive life cover.
It is a combination of loyalty additions, joint life protection cover and offers a variety of funds that ensure your investment work in the best interest of you.
It is an investment plan that you can acquire by paying nominal charges. It allows you to customize to meet your requirements. With the best combination of three investment strategies & flexibilities, it gives you complete control over your investments.
Kotak Ace Investment plan allows you to accumulate wealth and offer an adequate life cover. It comes out with convenient payment options.
Switching means transferring finances from one fund to another. Switching can be achieved for existing units most effectively. Future premium allocation is for the allocation of devices for future premiums.
To check the policy status, policyholders should register themselves in the online portal of Kotak Life website and by logging in into their account, one can easily track the policy status and other details.
Offline: Visit your nearest Kotak life branch for the process and keep the receipt safely as evidence.
If you are willing to cancel the Kotak Life ULIP Plan, submit your policy documents and the duly filled surrender form signed at the nearest Kotak Life branch. Once the cancellation process is completed, you will get a refund within 7 working days.
With Kotak Wealth Insurance plan the policyholder will get lump sum benefit along with fund value and 100% sum assured. The plan offers triple protection to support during contingencies. The high investment returns fulfill the financial goals and help you to manage unexpected events of life.
- / 5 ( Total Rating)
Last updated on 31-01-2020