Kotak Single Invest Plus Plan
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
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Kotak Single Invest Plus Plan

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 that offers dual benefits: protection and savings. You make a one-time premium payment and enjoy the benefits throughout the policy term while staying protected with life coverage. The Kotak Single Invest plan helps you stay invested and generate wealth through the unit-linked funds and the loyalty additions provided by the company. This investment plan offers easy liquidity and numerous fund options to choose from, which sets this plan apart from others. With Joint Life Cover features, you can add your spouse and get life coverage for two people under a single plan. You can withdraw money wholly or partially after the five-year lock-in period.

Kotak Life Insurance Single Invest Plus Plan offers you a range of benefits including:

why-choose
  • Makes a single premium payment and gets the benefits of long-term coverage.
  • The Joint Life cover feature offers coverage for both the husband and the wife under a single policy.
  • Get the advantage of Loyalty Additions.
  • Convenience of choosing your investment funds as per your Risk Profile.
  • Pay the premium once and enjoy life coverage throughout the policy term.
  • At maturity, fund value, with added loyalty additions, will be payable along with the last payout.

Eligibility Criteria for Kotak Single Invest Plus Plan

Your Occupation

Entry age

Min- 3 years, Max- 52 years

Mukhyamantri Amrutam Yojana

Maturity age

Upto 67 years

Your Gender

Policy tenure

10 and 15 years

Maternity Benefit Rider

Premium payment term

10 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Quarterly, Half-yearly, Annually

Maternity Benefit Rider

Sum assured

10 times of the Single Premium

Types of funds available in Kotak Single Invest Plan

With Kotak's Single Invest Investment plan, you can choose your investment fund as per your risk profile. You'll get numerous fund options to choose from. However, the fund options available with the plan are as follows:

Fund options Companies invested Risk return ratio Equity Debt Money Market
Classic Opportunities Fund Large and mid Aggressive 75-100% 0-25% 0-25%
Frontline Equity Fund Large Aggressive 60-100% 0-40% 0-40%
Dynamic Bond Fund Corporate bonds Conservative - 60%-100% 0-40%
Dynamic Gilt Fund Govt. Securities Conservative - 80%-100% 0%-20%
Money Market Fund Debt, Treasury bills Secure - - 100%

Kotak Single Invest Plan - Policy Details

  1. Access to your Fund

    With the Kotak Single Invest plan, you have the flexibility to withdraw your accumulated funds from the 6th year onwards partially.

  2. Settlement Options

    The plan offers a choice of maturity benefits payout options:

    • You can choose to take some part as a lump sum and the remaining part through regular installments.
    • You can even take the whole amount in regular installments.
  3. Policy Surrender

    You can easily surrender your policy any time after the single premium is paid, but the surrender benefit on discontinuance will be payable after the lock-in period.

Different Charges Available in the Kotak Single Invest Plus Plan:

  1. Premium allocation Charge

    This charge is deducted to allocate your premium into funds. It varies on different premium amounts such as:

    Premium Amount Allocation Charge (as % of SP)
    Premium for less than 7 Lakhs 5%
    Premium for higher or equal to 7 Lakhs 4%
  2. Policy Administration Charge

    The monthly policy administration charge will be 0.05% of Single Premium not exceeding ` 500/- p.m. It gets levied automatically by canceling some units from the fund value for the first 5 policy years only.

  3. Fund management Charge

    This charge is deducted to manage your investment in different funds so that your capital remains safe in every market situation.

  4. Mortality Charge

    This charge is deducted from covering the cost of life coverage for the whole policy tenure.

    Mortality Charges for covering first death:

    Primary Life Insured's Age at inception Secondary Life Insured's Age at inception In 1st Yr In 5th Yr In 10th Yr In 15th Yr
    25 yrs 20 yrs 1.8706 2.0060 2.2497 2.8825
    35 yrs 25 yrs 2.2647 2.6988 3.1595 4.9941
    45 yrs 20 yrs 3.0407 4.3029 6.4695 9.2395
    52 yrs 25 yrs 5.5174 7.4338 10.5290 15.4900

    Mortality Charges for covering second death:

    Primary Life Insured's Age at inception Secondary Life Insured's Age at inception In 1st Yr In 5th Yr In 10th Yr In 15th Yr
    25 yrs 20 yrs 0.0509 0.0587 0.0713 0.0944
    35 yrs 25 yrs 0.0513 0.0641 0.0871 0.1502
    45 yrs 20 yrs 0.0519 0.0753 0.1323 0.2386
    52 yrs 25 yrs 0.0545 0.1028 0.2121 0.4472
  5. Switching Charge

    There is no charge for the first 12 switches in a policy year under this plan. After that a charge of Rs. 250 will be applicable for each additional switch in a policy year.

  6. Partial Withdrawal Charge

    If you make a partial withdrawal after the lock-in period, the parietal withdrawal charge of Rs. 250 will be applicable.

  7. Discontinuance Charge

    The discontinuance charges are applicable will be:

    Year during which policy is discontinued 1st Yr 2nd Yr 3rd Yr 4th Yr 5th Yr
    For All Single Premium Levels Rs. 6,000 Rs. 5,000 Rs. 4,000 Rs. 2,000 NA

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 Life Insurance Single Invest Plus Plan

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

  • Joint Life cover:With the Kotak Single Invest plan Joint Life cover feature, you'll get coverage for both the husband and the wife under a single policy. In case one of the policyholders dies, the sum assured is paid to the other policyholder. Any two people can be added to protect each other's future, such as a spouse, parent, child, grandparent, or grandchild will be allowed.
  • Loyalty Additions:At the end of the 10th year of a 10-year policy term and the end of both the 10th & 15th years of a 15-year policy term, extra units called Loyalty Additions will be added to the fund. These additions are based on a percentage of the average fund value over the three years before the end of the policy year.
  • Death Benefit:Death benefits under various circumstances will be as follows: i) Upon the first death of any of the two lives covered, the death benefit will be paid to the nominee and the policy will continue for the remaining policy term: Sum Assured on 1 Death (1.25 times Single Premium) ii) Upon the second death, the death benefit will be paid to the nominee, and the policy will be terminated: The sum assured will be the highest of the: Sum Assured on 2 Death (i.e. 10 times Single Premium) Fund Value, including Loyalty Additions, if any 105% of the Single premium paid iii) Upon the death of both lives covered in the plan, the nominee shall receive the death benefit, and the policy will be terminated. The sum assured will be the highest of the: Sum Assured on 2 Death Fund Value, including Loyalty Additions, if any 105% of the Single premium paid
  • Maturity Benefit:Once the survival of either of the two lives till the end of the policy term, you shall receive the Fund Value, including Loyalty Additions. You have the flexibility to take maturity benefits either in a lump sum or through settlement options.

Documents Required to Buy Kotak Single Invest Plus Plan

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

Photo ID Proof

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

How to Buy Kotak Single Invest Plus Plan?

You can buy the Kotak Single Invest Plus Plan 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 Plus 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 Plus 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 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.

Plan At a Glance

What’s Good Here What’s Missing
Choice of Fund Options Guaranteed Additions
One-time Investment Premium Offset
In-built Joint Life Cover No Auto Cover Continuance
Loyalty Additions Large Premium Boost Discounts
Flexibility to withdraw fund partially Whole Life Cover

In a nutshell

The Kotak Single Invest plan is a single-pay unit-linked insurance plan helps you stay invested and generate wealth through unit-linked funds and loyalty additions. For further assistance, you can reach out to us at PolicyX.com. With the expertise of our insurance experts, you indeed get all of your answers in no time.

Kotak Single Invest Plus Plan: FAQs

1. Can I surrender my Kotak Single Invest Plus policy?

You can easily surrender your policy any time after the single premium is paid, but the surrender benefit on discontinuance will be payable after the lock-in period.

2. What is the Joint Life Cover feature in the Kotak Single Invest plan?

With Joint Life Cover features, you can add your spouse and get life coverage for two people under a single plan.

3. How many funds are available in Kotak’s One-Time Investment plan?

Kotak’s One-Time Investment offers a choice of 5 different funds options.

4. Is there any lock-in period for fund withdrawal for Kotal Mahindra Life Insurance comoany?

With the Kotak Single Invest plan, you have the flexibility to withdraw your accumulated funds from the 6th year onwards partially.

5. What is the premium payment option for the Kotak Single Invest plan?

The plan offers a regular pay option that allows you to pay premiums on a monthly or yearly basis throughout the policy term.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.