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| Life Insurance> Individual Insurance Plans> Child Plans> Kotak Headstart Child Assure |
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| "IN THIS POLICY THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER." |
| Overview |
| Your child is your joy, your pride and your world. And you strive to give your little one the very best in life. You would like to provide your child with all the opportunities that could give the extra edge over others. For this, you would require an investment and protection package that is specially designed to help you plan wisely for a financially secure and comfortable tomorrow, no matter what the uncertainty of life. |
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 Why is it an ideal plan? |
| Kotak Headstart Child Assure is a unit linked child plan that ensures that you meet your child’s financial requirements, no matter what the eventuality. |
| Advantages |
- Create wealth for your child’s future financial needs
- Ensure financial security of your child through Triple Benefit
- Invest in a wide range of funds
- Get additional protection through riders
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| Key
Features |
 Provide a Planned Corpus for Your Child |
| Your investments in the funds available with this plan will help you fulfill your child’s dreams. You will receive the Fund Value in Main Account plus Fund Value in Top Accounts (if any) when the policy matures. |
 Enhance Protection for Your Loved Ones1 |
| On the unfortunate event of death of the Life Insured, the beneficiary will get Triple Benefit as mentioned below: |
- Basic Sum Assured paid immediately
- Premium Waiver – Future Premium payment obligation ceases and All future premiums will be added to the Fund Value
- The policy will continue and the Fund Value will be paid at maturity
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| 1The Death Benefit in this plan will not be less than 105% of the premium paid (adjusted for Partial Withdrawals and outstanding loan amount along with interest). |
 Customize your fund portfolio to suit your risk profile |
| Kotak Headstart Child Assure offers you the flexibility to choose from a wide array of funds that are diverse enough to suit your risk–return profile. You also have the option to switch from one fund to another for greater control over your investments. The funds offered in this plan are: |
| Investment Options |
Risk- Return Profile |
Equity |
Debt (Including Money Market Instruments*) |
| Classic Opportunities Fund : SFIN-ULIF-033-16/12/09-CLAOPPFND-107 |
Aggressive |
75-100% |
0-25% |
| Frontline Equity Fund : SFIN-ULIF-034-17/12/09-FRLEQUFND-107 |
Aggressive |
60-100% |
0-40% |
| Balanced Fund : SFIN- ULIF-037-21/12/09-BALKFND-107 |
Moderate |
30-60% |
40-70% |
| Dynamic Floor Fund II : SFIN-ULIF-035-17/12/09-DYFLRFND2-107 |
Cautious |
0-75% |
25-100% |
| Dynamic Bond Fund ULIF-015-15/04/04-DYBNDFND-107 |
Conservative |
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100% |
| Dynamic Floating Rate Fund ULIF-020-07/12/04-DYFLTRFND-107 |
Conservative |
| Dynamic Gilt Fund ULIF-006-27/06/03-DYGLTFND-107 |
Conservative |
| Money Market Fund : SFIN-ULIF-041-05/01/10-MNMKKFND-107 |
Secure |
0-75% |
100% |
| Discontinued Policy Fund SFIN-ULIF-050-23/03/11-DISPOLFND-107 |
Secure |
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100% |
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| *Investments in Money Market Instruments will not exceed 40%, except for Money Market Fund and Discontinued Policy Fund |
 Enjoy flexibility through convenient payment options |
| This plan offers you the flexibility of a shorter premium payment term of 5 years for a policy term of 10 years and 10 years for policy terms 15 to 25 years. Further, you can pay your premiums annually and half-yearly as per your requirement. |
 Avail the benefit of liquidity through Partial Withdrawals and policy loans |
| To ensure that your long-term investments provide ample liquidity to take care of your emergency financial needs, this plan offers you the option of Partial Withdrawals and policy loans. You can avail of a loan up to 40% of the Fund Value to meet any contingency, provided premiums for two policy years have been paid in full. After completion of five policy years, you get additional liquidity through Partial Withdrawals. |
 Boost your protective cover through optional rider benefits |
| To ensure comprehensive protection for your family, you may opt for any of the following rider benefits: |
- Kotak Critical Illness Benefit (CIB)
- Kotak Accidental Death Benefit (ADB)
- Kotak Permanent Disability Benefit (PDB)
- Kotak Accidental Disability Guardian Benefit (ADGB)
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| Tax Benefits |
| You may avail of tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961 subject to conditions as specified in those sections . Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details |
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| Risk Factors |
- Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors.
- The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.
- Kotak Mahindra Old Mutual Life Insurance Ltd. is only the name of the Insurance Company and Kotak Headstart Child Assure is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
- Please know the associated risks and the applicable charges, from your Insurance Agent or Corporate Agent / Insurance Broker or policy document of the insurer
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| Kotak Headstart Child Assure UIN – 107L066V01, Form No. – L066, Reference No. - KLI/11-12/E-WEB/139 |
| Kotak Accidental Death Benefit UIN 107C001V01, Form No. C001 Kotak Permanent Disability Benefit UIN 107C002V01, Form No. C002, Kotak Critical Illness UIN 107C004V02, Form No. C004, Kotak Accidental Disability Guardian UIN 107C011V01, Form No. C011. |
Regn. No.: 107,
Regd. Office:
Kotak Mahindra Old Mutual Life Insurance Ltd.
4th Floor, Vinay Bhavya Complex,
159 A, C.S.T. Road, Kalina,
Santacruz (East),
Mumbai - 400 098
Website: http://insurance.kotak.com
Email: lifeexpert@kotak.com.
SMS KLIFE to 5676788 Toll Free No. – 1800 209 8800 |
| Insurance is the subject matter of the solicitation. This is a unit linked non-participating endowment plan. This website content is not a brochure and only gives the salient features of the plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. |
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