Kotak Investment Plans
- Discover Kotak Investment Plans
- Company features and Product Portfolio
- Buying and Claim Process
Kotak investment plans are versatile and provide the benefit of creating a financial corpus for their customers so that they can fulfill all their aspirations with effective financial planning. Kotak Investment plan range guarantees returns on investments made, especially from market-linked financial instruments. Most Kotak Mahindra Investment Plans offer annual vested bonuses and income boosts, enabling buyers to optimize their earnings.
Kotak Life Insurance is known as one of the leading life insurance companies that provides numerous life insurance plans for life cover, savings, and investment purposes as well. The company has a special category known as Savings and Investment Plans that enables individuals to save their income and gain excellent returns. The company provides several Kotak Investment Plans to fulfill every individual's investment and savings-related needs.
Kotak Mahindra Bank investment plans are specially designed to make your money work for you while you enjoy your life to the fullest.
Kotak Investment Plans ensures to look after your investment needs by offering:
Guaranteed payout
Savings and Growth
Death benefits
Bonuses
Minimum Age - 5 year
Maturity Age- 75
Minimum term - 6 years Maximum term - 30 years
5 to 12 years
Annual, half-yearly,
Rs 50,000 to No limit
To cater to the dynamic insurance needs of an individual and their family, Kotak Investment comes with a range of plans. This allows their customers to choose an ideal plan for themselves. The company ensures to offer a plan for everyone.
| Plan | Entry Age | Tenure | Minimum Sum Assured | Unique Features |
|---|---|---|---|---|
| Kotak Smart Life Plan | Minimum Age - 3 years Maximum Age - 55 years | 75 years less entry age of life insured | Rs. 2,50,000 |
|
Here is a quick overview of the Kotak Investment Plans listed in the above table.
Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st policy year to look after immediate financial needs. Policyholders can use such bonuses to take care of their families in their absence.
There are multiple benefits of Kotak Life Investment Plans. Read below to understand the plethora of advantages provided by the insurer.
If you are in search of a stable monetary foundation for your future regardless of your current financial condition, these plans provide the perfect means.
Most plans other than the market-linked varieties offer a guaranteed sum assured.
HDFC Investment Insurance plans offer various coverage options, allowing you to select a plan that meets your needs.
These policies being life insurance plans offer payouts to your beneficiary in case of any eventuality. Such payments are usually independent of any previous payouts of bonuses.
Most plans offer yearly vested bonuses along with terminal bonuses at maturity.
| Name of the Rider | Benefits |
| Kotak Permanent Disability Benefit Rider | If the life insured is permanently disabled due to an accident, the benefit is paid in installments. |
| Kotak Life Guardian Benefit Rider | In case of the death of the policyholder, the premiums will be waived off and the plan will continue without any effect. |
| Kotak Critical Illness Plus Benefit Rider | If the policyholder is the victim of any of the 37 critical illnesses (subject to terms and conditions), the rider sum assured will be paid. |
| Kotak Accidental Death Benefit Rider | On the death of the insured, a lump-sum benefit is paid along with the death benefit under the base plan. |
| Kotak Accidental Disability Guardian Benefit | If the insured is disabled due to an accident, all future premiums will be waived off and the base plan will continue the same way. |
| Kotak Term Rider | In the case of the unfortunate death of the policyholder, this rider gives an additional death cover along with the basic death benefit of the base policy. |
Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st polic...
Unique Features
Here is the list of documents required to buy Kotak Life Investment Plans:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Kotak Investment Plans allows you to buy life insurance plans via two platforms. You can either buy the plan online from the official website of the company or through third-party intermediaries like agents, brokers, etc. Given below is a detailed explanation of both these types of buying processes.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Kotak Life Insurance Company.
Click on ‘Insurance plans’ on the navigation bar and select the plan you want to buy.
Click on the ‘buy now’ button and fill in the required details.
Tap on 'next' and select a plan as per your requirements.
Select the cover option you want and make your payment. Once the payment is made, you will get a payment confirmation at your registered email address.
If you have any more queries regarding Kotak Investment Plans ,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.
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