Now you can buy life insurance plans completely online right here.
Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.
The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.
Our representative will get in touch with you at the earliest.
A 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 withdraw/surrender the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception.
The choices you make today will impact your life tomorrow. So if you choose an insurance plan that offers you investment strategies along with convenient payment options you can ensure efficient wealth creation. Kotak Ace Investment is an investment plan that is designed with the clear objective of helping you accumulating wealth and providing you adequate life cover.
Amit Kaul is a 35-year-old businessman looking to invest his growing wealth and also ensure his family’s financial independence and security.
He chooses Kotak Ace Investment Plan to invest in funds of his choice and enjoy adequate protection too!
He decides on an annual premium of Rs. 50,000*, policy term and premium payment term of 20 years, and a Sum Assured of Rs. 5,00,000 under Self Managed Strategy with 100% investment in Classic Opportunities Fund.
At the end of 10 years, the cumulative premium is Rs. 500,000 and fund value at 8%** is Rs. 6,62,265 and fund value at 4%** is Rs.5,31,601
At maturity after 20 years, when he is 55 years of age, his fund value at 8%** is Rs. 19,01,130 and fund value at 4%** is Rs. 12,18,121.
The corpus allows him to lead a comfortable life as he approaches retirement.
*The above figures are net of Goods and Services Tax and Cess , as applicable. Goods and Services Tax and Cess rates are subject to change from time to time as per the prevailing tax laws and/or any other laws.
**The values are based on assumed investment rate of return of 4% p.a. & 8% p.a. The values shown are not guaranteed and they are not upper and lower limit of returns, they have been shown for illustrative purpose only.
To get the best out of your money it is important to determine your investment horizon. This enables you to establish your risk-return profile and thereafter choose the funds that suit you. Kotak Ace Investment offers you the flexibility to choose from 3 Investment Strategies; Self Managed Strategy: If you wish to manage your investment on your own. Age Based Strategy: If you don't have the time or financial expertise in managing your investment. Systematic Switching Strategy (SSS): If you want to avail the benefit of equity investment in a systematic manner.
Option of 5-year premium payment term for a policy term of 10 years, or 10-year premium payment term for policy terms of 15, 20, 25 and 30 years In cases where longer payment period doesn’t suit your needs, you may also choose to pay yearly, half-yearly, quarterly or monthly – giving you even greater flexibility in the way you invest.
Invest your surplus funds as Top-Ups and add to your savings potential. You can also enjoy Top-Up Sum Assured that adds to your existing cover.
Make partial withdrawals after the 5th policy year. Receive the full Fund Value in a lump sum or periodic payouts after maturity. Thus, in the event of financial contingencies, your money is easily accessible and not locked away in a savings plan.
Get life insurance cover that safeguards your family's well-being. Enhance protection with Accidental Death and Permanent Disability Benefit Rider
|Age of Life Insured||Minimum||Maximum|
|Less than 45 years||Higher of 10 times AP or 0.5* Policy Term * AP||25 times AP|
|45 years||Higher of 7 times AP or 0.25* Policy Term * AP||25 times AP|
|46 years - 54 years||15 times AP|
|55 years - 60 years||10 times AP|
|61 years and above||7 times AP|
|Age of Life Insured||Minimum||Maximum|
|Less than 45 years||Higher of 10 times AP or 0.5* Policy Term * AP||15 times AP|
|45 years||Higher of 7 times AP or 0.25* Policy Term * AP||15 times AP|
|46 years - 54 years||15 times AP except for 5 PPT which is 7 times AP|
|55 years - 60 years||10 times AP except for 5 PPT which is 7 times AP|
In addition to the death benefit as per the base plan the Rider Sum Assured is payable in case of an unfortunate demise of the life insured due to accident.Download
In case of Total & Permanent disability of the life insured due to accident, the Rider Sum Assured is payable and the base policy continues.Download
Enter a few details to calculate your premium instantly.Calculate premium
Call our toll free number and our representative will help you buy the most suitable plan.
Send a "Hi" to 93210 03007, from your registered mobile number.
Benefits earned under this plan are in accordance with the Income Tax Act, 1961. You can avail tax benefits on:
Tax benefits under the policy will be as per the prevailing income tax laws.Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.
Kotak Ace Investment UIN: 107L064V05, Form No: L064, Kotak Accidental Death Benefit Rider (Linked) UIN – 107A017V01 Form No: A017, Kotak Permanent Disability Benefit Rider (Linked) UIN – 107A018V01 Form No: A018, Ref No.:KLI/19-20/E-WEB/308.
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 more details on riders please read the Rider Brochure.
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)
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.
Kotak Single Invest Plus is a single premium unit linked plan where, by just paying once, you can reap benefits and also stay protected.Know more
Kotak Single Invest Advantage is a hassle-free unit linked plan, where you invest once and reap the benefits throughout the policy term.Know more
Kotak Life Insurance presents a simple savings and protection oriented plan, which provides all guaranteed benefits while giving life insurance cover – Kotak POS Bachat Bima.Know more
Kotak Assured Income Accelerator ensures that you get Guaranteed Income every year on the same amount of savings and that the Guaranteed Income increases year on year.Know more
Kotak Premier Endowment Plan offers Guaranteed Additions in the first 5 policy years and also works to provide you a corpus through continued bonuses.Know more
Kotak Assured Savings Plan is an affordable protection plan that enables you to accumulate wealth and strengthens your finances for the future.Know more
Kotak Premier Moneyback Plan is a limited pay plan that provides lump sum payouts at regular intervals to meet your interim financial requirements and let you offer the best to your family.Know more
Kotak Classic Endowment Plan is a long term protection cum savings plan that offers protection benefit while earning bonuses during the policy term.Know more
Kotak Life Insurance presents Kotak Premier Income Plan a savings and protection oriented plan that provides Guaranteed Annual Income immediately after the premium payment term to provide you with an additional annual income.Know more
A Limited Pay Non-Linked Participating Life Insurance plan. You earn and work hard to accomplish your dreams and aspirations at every stage of life.Know more
Kotak Premier Life Plan is a limited premium paying participating whole life plan, where you can choose to receive bonus payouts even after premium payment term expires.Know more
Kotak Wealth Optima Plan is a protection and savings oriented unit linked insurance plan. The plan provides life insurance cover to protect your family in case of your unfortunate demise. It also provides the flexibility of choosing premium payment term, investment strategy and investment horizon.Know more
Kotak Invest Maxima is an investment oriented unit-linked life insurance plan with maximum premium allocation and a Systematic Switching Strategy that allows you to enter the equity market in a systematic manner.Know more
Kotak Platinum is an investment plan with an unmatched combination of three investment strategies and flexibilities for complete control over your investments.Know more
Kotak Sampoorn Bima Micro Insurance Plan is a single premium plan with fixed term of 5 years to cater to the needs of low-income customers.Know more
A Non-Linked Non-Participating Life Insurance planKnow more