Kotak Smart Life Plan
- Explore All about Kotak SmartLife Insurance
- Understand the Key Features & Benefits
- Check Eligibility Criteria
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.
Kotak SmartLife Plan is an endowment plan that enables the policyholder to achieve their life's financial goals while simultaneously ensuring the family's financial security in your absence. Let's take a look at some of the policy's characteristics.
Kotak Smart Life Plan offers you a range of benefits including:
Minimum Age - 3 years Maximum Age - 55 years
Maximum Maturity Age - 75 years
75 years less entry age of life insured
6, 8, 10, 12, and 15 years
Annual, half-yearly, quarterly & monthly
Rs. 2,50,000 to No limit
Let's understand how the Kotak Smart Life Plan works with a simple premium illustration.
Mr. Verma is looking for an investment plan to create long-term wealth for his child.
His financial advisor advised him to buy the Kotak Smart Life Plan. He visited PolicyX.com
Let's understand how the Kotak Smart Life Plan works for him with a premium illustration table.
| Age of policyholder | Annual Premiums | Premium payment tenure | Sum Assured | Maturity Benefits |
| 35 years | Rs 94,140 | 12 years | Rs 10,00,000 | Rs 24,73,177 |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 24,73,177 are paid to the policyholder.
Here are some features of Kotak Smart Life Plan:
Kotak Life Assured Savings is a non-participating endowment assurance plan. This investment plan is designed to provide dual benefits of protection al...
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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 ...
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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...
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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 ...
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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...
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Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of savin...
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Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insur...
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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...
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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...
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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
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...
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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...
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Invest smartly for a better tomorrow with Kotak Assured Income Accelerator Kotak Life Assured Income Accelerator Plan is a dual-purpose protection and...
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Kotak Guaranteed Fortune Builder is a comprehensive savings plan that helps you protect your family’s future with an assurance to fulfill your g...
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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...
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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...
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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 the Kotak Smart Life Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
You can buy the Kotak Smart Life 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 Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'Kotak Smart Life 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 Smart Life Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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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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