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We stand in solidarity with the families who have lost their loved ones in the floods in Chennai. For any assistance on claims, please call our toll free number 1800 209 8800 or email us at kli.claimsmitra@kotak.com                                                                IRDAI CAUTIONS PUBLIC AGAINST SPURIOUS CALLS AND FICTITIOUS OFFERS
Kotak Wealth Insurance

Kotak Wealth Insurance

Unit Linked Life Insurance Plan

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.

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Benefits earned under this plan are in accordance with the Income Tax Act, 1961. You can avail tax benefits on:
  • Your premiums under Section 80C.
  • Maturity or death claim proceeds under Section 10 (10D).
Tax benefits under the policy will be as per the prevailing income tax laws and are subject to change in the tax laws. You are advised to consult your tax adviser for details.



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 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

 

Regd. Office:

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)

Website: http://insurance.kotak.com

Email:

 

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.

 

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that
  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus.
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.




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