Kotak Single Invest Advantage
  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies
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Kotak Single Invest Advantage

Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insurance in a single package. To face every market situation, this plan offers three different investment strategies and five unique funds to diversify your portfolio.

Wait, Wait, as per different life stages. This plan offers two different policy terms of 10- 15 years, so you can plan your finances accordingly. Overall, Kotak Single Invest Advantage is a blend of growth and security.

Kotak Single Invest Advantage Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Single Invest Advantage Plan offers you a range of benefits including:

why-choose
  • One time payment
  • Tax Benefits
  • Vast investment options
  • Partial withdrawal
  • 3 Investment strategies
  • Switch funds

Eligibility Criteria for Kotak Single Invest Advantage

Your Occupation

Entry age

Minimum entry age: 3 years Maximum entry age: 45 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum maturity age: 78 years

Your Gender

Policy tenure

10 and 15 years

Maternity Benefit Rider

Premium payment term

Single

Dr YSR Aarogyasri Trust

Premium payment frequency

Single

Maternity Benefit Rider

Sum assured

10 times the basic sum assured

How Does the Kotak Single Invest Advantage Plan Work?

Let's understand how the Kotak Single Invest Advantage Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Vaibhav is a 30-year-old looking for a ULIP plan to create long-term wealth.

Solution

His financial advisor advised him to buy the Kotak Single Invest Advantage plan. He visited PolicyX.com

Let's understand how the Kotak Single Invest Advantage Plan works for him with a premium illustration table.

Policy Term Age (in years) Premium amount Fund value  Death Benefit
5 years 35 years 10,00,000 Rs 12,54,986 1 crore

 

Features of Kotak Single Invest Advantage

Here are some features of Kotak Single Invest Advantage:

Kotak Investment Plans

Kotak Life Assured Savings is a non-participating endowment assurance plan. This investment plan is designed to provide dual benefits of protection al...

Unique Features

  • Guaranteed maturity amount
  • Increasing life cover
  • Policy loan available

Kotak Life Assured Savings (Pros)

Kotak Life Assured Savings
  • Guaranteed Loyalty Addition
  • Tax Benefits
  • Two Policy Terms

Kotak Life Assured Savings (Cons)

Kotak Life Assured Savings
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Life Assured Savings (Other Benefits)

Kotak Life Assured Savings
  • Rider benefits
  • Maturity benefits
  • Guaranteed lump sum

Kotak Life Assured Savings (Eligibility Criteria)

Kotak Life Assured Savings
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured - NA
  • Maximum sum assured - NA
  • Maximum policy term- 20 years

Kotak Life Premier Endowment plan is a combination of a life insurance plan and a savings plan offered by Kotak Life Insurance. Life insurance offers ...

Unique Features

  • Guaranteed additions
  • Bonuses
  • Flexible payment term

Kotak Premier Endowment Plan (Pros)

Kotak Premier Endowment Plan
  • Policy revival
  • Surrender value
  • Policy loan

Kotak Premier Endowment Plan (Cons)

Kotak Premier Endowment Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Premier Endowment Plan (Other Benefits)

Kotak Premier Endowment Plan
  • Death benefit
  • Tax benefit
  • Maturity benefits

Kotak Premier Endowment Plan (Eligibility Criteria)

Kotak Premier Endowment Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 60 years
  • Minimum sum assured - Depends on premium amounts
  • Maximum sum assured - Depends on premium amounts
  • Maximum policy term- 30 years

Kotak Invest Maxima plan offered by Kotak Life Insurance is a life insurance cum investment plan that covers your family financially in your absence a...

Unique Features

  • Zero premium allocation charges
  • Flexible premium pay
  • Partial withdrawals

Kotak Life Invest Maxima (Pros)

Kotak Life Invest Maxima
  • Systematic Switching Strategy
  • Tax benefits
  • Discontinuance

Kotak Life Invest Maxima (Cons)

Kotak Life Invest Maxima
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Life Invest Maxima (Other Benefits)

Kotak Life Invest Maxima
  • Policy revival
  • Free look option
  • Grace period

Kotak Life Invest Maxima (Eligibility Criteria)

Kotak Life Invest Maxima
  • Minimum entry age- 0 years
  • Maximum entry age- 65 years
  • Minimum sum assured - 5
  • 10 and 7 times of annual premium
  • Maximum sum assured - 5
  • 10 and 7 times of annual premium
  • Maximum policy term - 30 years

Kotak Premier Money Back Plan is a savings cum protection plan by Kotak Life Insurance. It provides a regular payout as a percentage of the Basic Sum ...

Unique Features

  • Regular Payouts
  • Special Premium Discount
  • Maturity Additions

Kotak Life Premier Money Back Plan (Pros)

Kotak Life Premier Money Back Plan
  • Regular payout
  • Maturity additions
  • Tax benefits

Kotak Life Premier Money Back Plan (Cons)

Kotak Life Premier Money Back Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Life Premier Money Back Plan (Other Benefits)

Kotak Life Premier Money Back Plan
  • Discounts
  • Cash bonuses
  • Surrender benefit

Kotak Life Premier Money Back Plan (Eligibility Criteria)

Kotak Life Premier Money Back Plan
  • Minimum entry age- 2 years
  • Maximum entry age- 57 years
  • Minimum sum assured - Rs. 1
  • 50
  • 000
  • Maximum sum assured - No limit
  • Maximum policy term - 24 years

Kotak Classic Endowment Plan is a long-term protection cum savings plan that helps you grow your money. It is a participating endowment plan that offe...

Unique Features

  • Cover up to 75 Years
  • Special Premium Discount
  • Additional Bonuses

Kotak Classic Endowment Plan (Pros)

Kotak Classic Endowment Plan
  • Rider Benefit
  • Maturity Benefit
  • Tax benefits

Kotak Classic Endowment Plan (Cons)

Kotak Classic Endowment Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Classic Endowment Plan (Other Benefits)

Kotak Classic Endowment Plan
  • Surrender Benefit
  • Cash bonuses
  • Paid-up Benefit

Kotak Classic Endowment Plan (Eligibility Criteria)

Kotak Classic Endowment Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 70 years
  • Minimum sum assured - NA
  • Maximum sum assured - NA
  • Maximum policy term - 75 years

Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of savin...

Unique Features

  • Guaranteed regular payout
  • Bonus benefits
  • Rider protection

Kotak Premier Income Plan (Pros)

Kotak Premier Income Plan
  • Rider Benefit
  • Maturity Benefit
  • Tax Benefits

Kotak Premier Income Plan (Cons)

Kotak Premier Income Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Premier Income Plan (Other Benefits)

Kotak Premier Income Plan
  • Enhanced SI
  • Riders
  • Bonus

Kotak Premier Income Plan (Eligibility Criteria)

Kotak Premier Income Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 55 years
  • Minimum sum assured - Depends on the premium and policy term
  • Maximum sum assured - Depends on the premium and policy term
  • Maximum policy term - 23 years

Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insur...

Unique Features

  • Single premium payment option
  • Choice of 5 different funds
  • 3 investment strategies

Kotak Single Invest Advantage (Pros)

Kotak Single Invest Advantage
  • Fund options
  • Investment options
  • Tax benefits

Kotak Single Invest Advantage (Cons)

Kotak Single Invest Advantage
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Single Invest Advantage (Other Benefits)

Kotak Single Invest Advantage
  • Death benefit
  • Maturity benefit
  • Partial withdrawal

Kotak Single Invest Advantage (Eligibility Criteria)

Kotak Single Invest Advantage
  • Minimum entry age- 3 years
  • Maximum entry age- 45 years
  • Minimum sum assured - 10 times the basic sum assured
  • Maximum sum assured - 10 times the basic sum assured
  • Maximum policy term - 15 years

Kotak Platinum Insurance Plan is an individual unit-linked life insurance savings plan. It offers the dual benefits of insurance and savings in the sa...

Unique Features

  • Multiple investment strategies
  • Partial withdrawal option
  • Enhance protection through riders

Kotak Platinum Insurance plan (Pros)

Kotak Platinum Insurance plan
  • 7 fund options
  • Tax benefits
  • Partial withdrawl

Kotak Platinum Insurance plan (Cons)

Kotak Platinum Insurance plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Platinum Insurance plan (Other Benefits)

Kotak Platinum Insurance plan
  • Death benefit
  • Maturity benefit
  • Investment options

Kotak Platinum Insurance plan (Eligibility Criteria)

Kotak Platinum Insurance plan
  • Minimum entry age- 1 years
  • Maximum entry age- 65 years
  • Minimum sum assured - 25 times AP
  • Maximum sum assured - 25 times AP
  • Maximum policy term - 30 years

Kotak Life Guaranteed Savings Plan combines a guaranteed savings plan and a life insurance plan. In case of your uncertain demise, your loved ones wil...

Unique Features

  • Guaranteed loyalty additions
  • Limited premium payment options
  • Waiting period

Kotak Guaranteed Savings Plan (Pros)

Kotak Guaranteed Savings Plan
  • Policy loan
  • Tax benefits
  • Flexible premium payment

Kotak Guaranteed Savings Plan (Cons)

Kotak Guaranteed Savings Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Guaranteed Savings Plan (Other Benefits)

Kotak Guaranteed Savings Plan
  • Death benefit
  • Maturity benefit
  • Surrender value

Kotak Guaranteed Savings Plan (Eligibility Criteria)

Kotak Guaranteed Savings Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured - Based on premium age/policy term/premium payment term
  • Maximum sum assured - Based on premium age/policy term/premium payment term
  • Maximum policy term - 20 years

Kotak Ace Investment Plan is a ULIP (Unit Linked Insurance Plan). This plan offers a lump sum in case of your unfortunate demise and maturity benefits...

Unique Features

  • Top-up premiums
  • Choice of life cover
  • Enhancing options to choose from

Kotak Ace Investment Plan (Pros)

Kotak Ace Investment Plan
  • Grace period
  • Tax benefits
  • Policy revival

Kotak Ace Investment Plan (Cons)

Kotak Ace Investment Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Ace Investment Plan (Other Benefits)

Kotak Ace Investment Plan
  • Discontinuance
  • Life cover
  • Investment strategies

Kotak Ace Investment Plan (Eligibility Criteria)

Kotak Ace Investment Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 65 years
  • Minimum sum assured - Higher of 10 times AP
  • Maximum sum assured - Higher of 10 times AP
  • Maximum policy term - 30 years

Kotak e-Invest Plan is a ULIP (Unit Linked Insurance Plan) that offers you dual benefits- financial security to your loved ones in your absence and ma...

Unique Features

  • Multiple plan option
  • Partial withdrawals
  • Enhancing options

Kotak e-Invest Plan (Pros)

Kotak e-Invest Plan
  • Discontinuance
  • Tax Benefits
  • Policy revival

Kotak e-Invest Plan (Cons)

Kotak e-Invest Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak e-Invest Plan (Other Benefits)

Kotak e-Invest Plan
  • Death benefits
  • Maturity benefits
  • Partial withdrawals

Kotak e-Invest Plan (Eligibility Criteria)

Kotak e-Invest Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured - 10 Times Annual Premium
  • Maximum sum assured - 10 Times Annual Premium
  • Maximum policy term- 99-age at entry

Kotak Wealth Optima is a ULIP (Unit Linked Insurance Plan) that helps you grow your money over time and protects your family financially in case of yo...

Unique Features

  • Wealth boosters
  • Whole life coverage option
  • Yearly additions

Kotak Wealth Optima Plan (Pros)

Kotak Wealth Optima Plan
  • Discontinuance
  • Tax benefits
  • Policy revival

Kotak Wealth Optima Plan (Cons)

Kotak Wealth Optima Plan
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Wealth Optima Plan (Other Benefits)

Kotak Wealth Optima Plan
  • Death benefits
  • Maturity benefits
  • Partial withdrawals

Kotak Wealth Optima Plan (Eligibility Criteria)

Kotak Wealth Optima Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 65 years
  • Minimum sum assured - 10 Times Annual Premium
  • Maximum sum assured - 10 Times Annual Premium
  • Maximum policy term- 99-age of life insured

Invest smartly for a better tomorrow with Kotak Assured Income Accelerator Kotak Life Assured Income Accelerator Plan is a dual-purpose protection and...

Unique Features

  • Guaranteed Income
  • Income Boosters
  • Optional Riders

Kotak Assured Income Accelerator (Pros)

Kotak Assured Income Accelerator
  • Discontinuance
  • Tax benefits
  • Policy revival

Kotak Assured Income Accelerator (Cons)

Kotak Assured Income Accelerator
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

Kotak Assured Income Accelerator (Other Benefits)

Kotak Assured Income Accelerator
  • Death benefits
  • Maturity benefits
  • Partial withdrawals

Kotak Assured Income Accelerator (Eligibility Criteria)

Kotak Assured Income Accelerator
  • Minimum entry age- 3 years
  • Maximum entry age- 65 years
  • Minimum sum assured - 10 Times of Annual Premium
  • Maximum sum assured - 10 Times Annual Premium
  • Maximum policy term- 30 years

Kotak Guaranteed Fortune Builder is a comprehensive savings plan that helps you protect your family’s future with an assurance to fulfill your g...

Unique Features

  • Get Long or Early Income
  • Earn Yearly Guaranteed Additions
  • In-built Waiver of Premium

Kotak Guaranteed Fortune Builder Plan (Pros)

Kotak Guaranteed Fortune Builder Plan
  • Guaranteed Benefits
  • Guaranteed Income
  • Comprehensive Life Cover

Kotak Guaranteed Fortune Builder Plan (Cons)

Kotak Guaranteed Fortune Builder Plan
  • Premium Offset
  • High Sum Assured Rebate
  • Top-up Premium

Kotak Guaranteed Fortune Builder Plan (Other Benefits)

Kotak Guaranteed Fortune Builder Plan
  • Premium Break
  • Spouse Cover
  • Whole Life Cover

Kotak Guaranteed Fortune Builder Plan (Eligibility Criteria)

Kotak Guaranteed Fortune Builder Plan
  • Minimum entry age- 3 year
  • Maximum entry age- 60 years
  • Sum Assured- No Limit
  • Maximum policy term- 10 years

Kotak Fortune Maximiser is a limited-pay participating endowment plan designed to be customized as per your different objectives. This investment plan...

Unique Features

  • Spouse Life Cover
  • Coverage till 85 years
  • Choice of Bonus Payout

Kotak Fortune Maximiser Plan (Pros)

Kotak Fortune Maximiser Plan
  • Coverage till 85 years
  • Multiple Plan Options
  • Choice of Bonus Payout

Kotak Fortune Maximiser Plan (Cons)

Kotak Fortune Maximiser Plan
  • Guaranteed Additions
  • No High Sum Assured Rebate
  • No Auto Cover Continuance

Kotak Fortune Maximiser Plan (Other Benefits)

Kotak Fortune Maximiser Plan
  • Spouse Life Cover
  • Encashment of Paid-Up Additions Feature
  • Enhanced Sum Assured for Female Life

Kotak Fortune Maximiser Plan (Eligibility Criteria)

Kotak Fortune Maximiser Plan
  • Minimum entry age- 90 days
  • Maximum entry age- 60 years
  • Sum assured- No Limit
  • Maximum policy term- 85 years

Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan t...

Unique Features

  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover

Kotak Single Invest Plus Plan (Pros)

Kotak Single Invest Plus Plan
  • Single payment-long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions

Kotak Single Invest Plus Plan (Cons)

Kotak Single Invest Plus Plan
  • Suicide within 12 months of the policy purchase is not covered
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports

Kotak Single Invest Plus Plan (Other Benefits)

Kotak Single Invest Plus Plan
  • Access to your Fund
  • Settlement Options

Kotak Single Invest Plus Plan (Eligibility Criteria)

Kotak Single Invest Plus Plan
  • Minimum entry age- 3 year
  • Maximum entry age- 55 years
  • Minimum sum assured- 1.25 times of the Single Premium
  • Maximum policy term- 15 years

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

  • Explore All about Kotak SmartLife Insurance
  • Understand the Key Features & Benefits
  • Check Eligibility Criteria

Kotak Smart Life Plan (Pros)

Kotak Smart Life Plan
  • Death Benefit
  • Survival Benefit
  • Maturity benefit

Kotak Smart Life Plan (Cons)

Kotak Smart Life Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Kotak Smart Life Plan (Other Benefits)

Kotak Smart Life Plan
  • Comprehensive Protection
  • Flexibility
  • Availability of Riders

Kotak Smart Life Plan (Eligibility Criteria)

Kotak Smart Life Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 250000
  • Maximum sum assured- No limit
  • Maximum policy terrm- 75 years less entry age of life insured
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of Kotak Single Invest Advantage

There are various benefits to buying the Kotak Single Invest Advantage Plan. Let’s understand each of them in detail:

  • Death BenefitUpon the unfortunate demise of the life insured during the policy term, Kotak Single Invest Advantage will pay the death benefit to the nominee.
  • Maturity BenefitOnce the life insured survives the whole policy tenure, they will receive a maturity benefit equal to the fund value upto date.
  • Tax benefitAll the premiums paid for the Kotak Single Invest Advantage Plan can be used to claim tax benefits under the following sections of the Income Tax Act 1961.
  • Partial withdrawalAfter five years of the lock-in period, you can partially withdraw your money in case of emergencies.

Documents Required to Buy Kotak Single Invest Advantage

Here is the list of documents required to buy the Kotak Single Invest Advantage:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy Kotak Single Invest Advantage?

You can buy the Kotak Single Invest Advantage official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of Kotak Life Insurance.

  • Step 2

    Hover over the 'Investment Plans' from the top of the menu.

  • Step 3

    Click on the 'Kotak Single Invest Advantage' plan.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the Kotak Single Invest Advantage Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of Kotak Single Invest Advantage Plan

  • Suicide within 12 months of the policy purchase is not covered.
  • Consumption of any intoxicants.
  • Death due to any aviation accident.
  • Death due to any adventurous sports

Conclusion

If you are looking to purchase a versatile ULIP plan then the Kotak Single Invest Advantage plan is something for you. This plan offers five different fund options to cater to the diverse needs of individual investors; each fund has a separate “Risk-return profile.”

For more info related to this plan, you can visit PolicyX.com, or call us at 1800 - 420 - 0269. Our insurance experts listen to your unique needs and suggest the best possible solution for you.

Kotak Single Invest Advantage: FAQs

1. What is the minimum age to purchase the Kotak Single Invest Advantage Plan?

The minimum age to purchase this plan is 3 years.

2. What different policy terms are available in this plan?

Two different policy terms of 10 years or 15 years are available in this plan.

3. How many fund options are available in this plan?

This plan offers five different fund options: Classic Opportunities Fund, Frontline Equity Fund, Dynamic Gilt Fund, Dynamic Bond Fund, and Money Market Fund.

4. What investment strategies does the Kotak Single Invest Advantage Plan offer?

This plan has three investment strategies: Self-managed, Age-based, and Systematic switching (SSS).

5. Is a policy loan available in this plan?

No, ULIP plans such as Kotak Single Invest Advantage do not offer any loan facilities. You can Get a loan facility only with guaranteed plans.

6. Where can I buy the Kotak Single Invest Advantage Plan?

You can buy this plan on Policyx.com. They provide unbiased opinions and solve all your queries without any hassle.

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varun saxena

Written By: Varun Saxena

I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.