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| Life Insurance> Individual Insurance Plans> Savings & Investment Plans> Kotak Platinum |
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| "IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER." |
 Overview |
| You have lived life on your own terms; always done what you have believed in with conviction and élan. As a successful individual you are used to the best life has to offer. It is only fitting that you should expect your investment avenues to measure up to your impeccable standards. Your ideal plan would be the one that helps you maximize your returns in the medium to long run and at the same time allow you the flexibility you desire. |
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| Why
is it an Ideal Plan? |
| Kotak Platinum is a unit linked investment plan with low charges along with convenient premium payment options. A great combination of 8 funds and loyalty additions, this plan helps you build substantial wealth for yourself. |
| Advantages |
- Maximize your wealth through a plan with low charges
- Capitalize on a wide array of funds to build a substantial corpus
- Enhance your long term savings through loyalty additions
- Opt for convenient policy and premium payment terms
- Enjoy liquidity through policy loans and partial withdrawals
- Boost your protective cover through optional rider benefits
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| How Does the Plan Work? |
- You may decide your premium based on how much and for how long you wish to invest.
- You choose the Basic Sum Assured, depending on your existing insurance cover and need. You can further opt for rider benefits to enhance the protective cover of your plan
- Premiums paid by you, net of premium allocation charges, are invested in the funds of your choice.
- Now you can sit back and relax. Our investment experts will ensure that your plan earns you handsome returns.
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| Key Features |
 Maximize your wealth through a plan with low charges |
| Kotak Platinum has low charges that ensure that most of your money is invested in the funds chosen by you. The premium allocation in this plan ranges from 95% to 98.5% ensuring that you enjoy superior returns over the policy term. |
 Capitalize on a wide array of funds to build a substantial corpus |
| To get the best out of your money it is important to determine your investment horizon. This enables you to determine your risk-return profile and thereafter choose the funds that suit you. Kotak Platinum offers you the flexibility to choose from 8 funds. You also have 12 free switches in a policy year that allows you greater control over your investments. |
| 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 |
| Dynamic Gilt Fund ULIF-006-27/06/03-DYGLTFND-107 |
| Money Market Fund : SFIN-ULIF-041-05/01/10-MNMKKFND-107 |
Secure |
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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 |
 Enhance your long-term savings through loyalty additions |
| To reward long-term savings the plan will add loyalty bonus every 5 years starting from the end of 10th policy year (subject to policy being in force i.e. not in the discontinued state). The loyalty addition in this plan is equal to 2% of the average Fund Value in the Main Account in the immediately preceding three years. |
 Opt for convenient policy and premium payment terms |
| You can customize this plan as per your convenience by opting to pay for shorter terms of premium payment where you can choose to pay off your premiums in 5 years for a policy term of 10 years and in 10 years for policy terms of 15 to 30 years. For regular payment, you can opt for any policy term of 10 to 30 years in this plan. Further, you can pay your premiums annually, half-yearly, quarterly or monthly as per your requirement. |
 Enjoy liquidity through policy loan and partial withdrawals |
| You can access your investment after completion of the 5th policy year by way of partial withdrawals. Further, you can avail of a policy loan up to 40% of the Fund Value in Main Account and Top-Up Accounts to meet any contingency, after two years’ premiums have been paid. |
| Boost your protective cover through optional rider benefits |
| Kotak Platinum allows you to opt for additional rider benefits. The riders offered in this plan are: |
- Kotak Term Benefit (KTB)/ Kotak Preferred Term Benefit (KPTB) - Lump sum Benefit paid on death
- Kotak Accidental Death Benefit (ADB) - Lump sum Benefit paid on accidental death
- Kotak Permanent Disability Benefit (PDB) - Installments paid on being permanently disabled as a result of an accident
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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 Platinum 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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| About Us |
| Kotak Mahindra Old Mutual Life Insurance Ltd. is a 74:26 joint venture between Kotak Mahindra Bank Ltd., its affiliates and Old Mutual plc. |
| Kotak Mahindra is one of India's leading banking and financial services organizations, offering a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the diverse financial needs of individuals and corporate sector. |
| Old Mutual plc is an international long-term savings, protection and investment Group. Originating in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance in Europe, the Americas, Africa and Asia. Old Mutual plc is listed on the London Stock Exchange and the JSE, among others. |
| Kotak Platinum UIN 107L067V01, Form No. - L067, Reference No. - KLI/11-12/E-WEB/136 |
| Kotak Accidental Death Benefit UIN 107C001V01, Form No. C001 Kotak Permanent Disability Benefit UIN 107C002V01, Form No. C002, Kotak Term Benefit UIN 107C003V02, Form No. C003, Kotak Preferred Term Benefit UIN 107C013V01, Form No. C013. |
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. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. For details on riders, please refer to the Rider Brochure. |
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