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Kotak Fortune Maximiser is a limited-pay participating endowment plan designed to be customized as per your different objectives. This investment plan offers a choice of 3 life cover options: Life Goal Maximiser, Bright Future Maximiser, or Golden Years Maximiser. You'll even get multiple bonus payout options, allowing you to get cash bonuses in lump-sum, regular instalments, or purchase additional sum assured. With the Kotak Life Maximiser plan, you can pay premiums for premium payment terms for 6, 8, 10, 12 or 15 years (PPT) and enjoy a life cover till 85 years. With Spouse Life Cover features, you can add your spouse and get life coverage for two people under a single plan. Under this plan, females can avail high sum assured with the same premium for Female Life.
Kotak Life Insurance Fortune Maximiser Plan offers you a range of benefits including:
Min- 90 days, Max- 60 years
85 years
85 years
6, 8, 10, 12, 15 years
Yearly, Half-yearly, Quarterly and Monthly
No Limit
Name of the rider | Benefits |
Kotak Term Benefit Rider | Get an extra payout on the accidental death of the primary life insurer on top of the base plan death benefit. |
Kotak Accidental Death Benefit Rider | Get a lump sum benefit on the accidental death of the Primary Life Insured. |
Kotak Permanent Disability Benefit Rider | Get a payout in an instalment in case the primary life insured becomes disabled due to an accident. |
Kotak Life Guardian Benefit Rider | Upon the insured person's death, Kotak Life will pay the remaining premiums on behalf of the policyholder. |
Kotak Accidental Disability Guardian Benefit Rider | Your future premiums will be waived in case of accidental disability. |
Kotak Critical Illness Plus Benefit Rider | Get additional coverage against 37 critical illnesses if diagnosed with a pre-specified critical illness. |
Here are some features of Kotak Fortune Maximiser Plan:
Under this option, the cash bonus will be used to purchase paid-up additions until the Life Insured turns 60 years old.
Under this option, you can use a cash bonus to buy additional sum assured in the form of paid-up additions during the policy term. However, the paid-up additions shall be payable on death or maturity.
Get long-term life coverage until the age of 85 years.
The plan offers a choice of 3 life cover options: Life Goal Maximiser, Bright Future Maximiser, or Golden Years Maximiser.
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There are various benefits to buying the Kotak Fortune Maximiser Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the Kotak Fortune Maximiser Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Kotak Fortune Maximiser Plan official website or one of their nearest branch offices.
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 Investment Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'Kotak Mahindra Fortune Maximiser Plan'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Kotak Mahindra Fortune Maximiser Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
What’s Good Here | What’s Missing |
Coverage till 85 years | Guaranteed Additions |
Multiple Plan Options | No High Sum Assured Rebate |
Choice of Bonus Payout | No Auto Cover Continuance |
Spouse Life Cover | Whole Life Cover |
Encashment of Paid-Up Additions Feature | Large Premium Boost Discounts |
Kotak Fortune Maximiser is a limited-pay participating endowment plan that offers a choice of 3 life cover options. In this plan, you'll even get multiple bonus payout options, or Spouse Life Cover features allow you to add life coverage for two people under a single plan. For further assistance, you can reach out to us at PolicyX.com.
Kotak Fortune Maximiser is a limited-pay participating endowment plan designed to be customized as per your different objectives.
The plan offers a choice of 3 life cover options: Life Goal Maximiser, Bright Future Maximiser, or Golden Years Maximiser.
Under this feature, you can use a cash bonus to buy additional sum assured in the form of paid-up additions during the policy term.
Kotak Life Maximiser plan offers you protection for up to 85 years.
With the paid-up additions feature, you can exchange the paid-up additions for money when required.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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February 5, 2023
Asia/Kolkata
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