IN THIS POLICY, THE INVESTMENT RISK INVOLVED IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.
Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to withdraw/surrender the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception.
Considering the constantly rising cost of education, fulfilling your children's aspirations can get harder with time. In the event of a parent's demise, the hopes of realising their dreams could be dashed. We recommend one of our most popular child plans – the Kotak Headstart Child Assure Plan.
As a unit-linked insurance plan (ULIP), it allows you to invest systematically to build a corpus for your children's education expenses and at the same time protect their dreams from unfortunate events, such as the death of a parent.
Receive a planned corpus at maturity
Your regular investments made with this plan will provide you with a planned corpus upon the maturity of the plan, ensuring that the cost of education will never be a deterrent to fulfilling your children's dreams.
Secure the well-being of your family through triple protection
In the unfortunate event of a parent's death, Kotak Life Insurance helps lessen the financial burden the child might face by providing the benefit of triple protection as follows: Your beneficiary is paid the life cover amount immediately to compensate for immediate loss of income.
All future premiums of this insurance policy will be waived and fully paid for by Kotak Life Insurance.
Your beneficiary will receive the fund value of the policy at maturity.
Build the maturity amount as per your risk return preference
Our range of seven funds is suitable for all types of investors, aggressive or safe. Invest in the fund option most suited for your risk-returns preference to build a corpus in a way you deem fit. Whichever the fund you choose, you can be rest assured that it is managed by our team of highly qualified fund managers.
Flexible premium payment period
To ensure that a long term payment obligation does not hamper you from planning your finances, we offer you the following payment methods:
5 - year premium payment period for a policy term of 10 years, Or
10 - year premium payment period for policy terms of 15 to 25 years.
In addition, with the option to pay annually, half-yearly, quarterly or monthly, this could be an apt child plan for your children and you.
You may also consider:Kotak Child Edu Plan
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