IN THIS POLICY, THE INVESTMENT RISK IN 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 surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year
We know when it comes to your family's future you wouldn't leave anything to chance. You would surely want to ensure that they are financially secure and want to provide them enough to take care of their future goals. This is why Kotak Wealth Insurance helps you strike an apt balance of protection and wealth accumulation. As a unit-linked insurance plan (ULIP), it allows you to build a corpus of money by regularly investing in the funds of your choice while ensuring that your family is well protected through a comprehensive life cover.
- Your premiums under Section 80C.
- Maturity or death claim proceeds under Section 10 (10D).
- 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 Wealth Insurance 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, the intermediary or policy document of the insurer.
Terms and conditions
Insurance is the subject matter of the solicitation.
Kotak Wealth Insurance - UIN: 107L063V02, Form No: L063; Ref No. KLI/13-14/E-WEB/194
Kotak Mahindra Old Mutual Life Insurance Ltd.
Reg No. 107
CIN : U66030MH2000PLC128503
2nd Floor, Plot # C- 12, G- Block, BKC,
Bandra (E), Mumbai - 400051
Toll Free: 1800 209 8800 (8 am to 10 pm)
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 sales brochure carefully before concluding a sale.
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