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  • Kotak e-Term Plan

    Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.

  • Kotak e-Assured Savings Plan

    Kotak e-Assured Savings Plan not only provides affordable protection but also helps accrue wealth for accomplishing your upcoming financial aims by giving guaranteed benefits.

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Kotak Single Invest Advantage

A Single Premium 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.

Kotak Single Invest Advantage, a hassle-free unit linked plan, where you invest once and reap the benefits throughout the policy term. Coupled with easy liquidity and investment strategies to suit your investment objectives, this plan ensures that your investments work for you and not vice versa.

Key features

  • Convenience of One Time Investment

    No obligation of future payments, a single premium enables you to enjoy the benefits of investment and insurance throughout the policy term.

  • Boost your savings with Loyalty Additions

    With Loyalty Additions, your single premium earns extra for you and adds to the returns. Loyalty Additions will get added every 5 years starting from the end of 10th policy year (subject to policy being in force i.e. not in the discontinued state). It will be as a percentage of the average Fund Value in the immediately preceding three years. The rates will be dependent on the Single Premium bands and Policy Term.

  • Option to choose from 3 Investment Strategies

    To ensure that your investment objectives are met, the plan offers three Investment Strategies to choose from. You can work with the available strategies as per your risk taking capacity. Whatever be your investment style, Kotak Single Invest Advantage offers investment strategies to suit them. Following are three Investment Strategies to choose from: Self-Managed Strategy Age Based Strategy Systematic Switching Strategy (SSS)

Eligibility

  • Age Criteria

    Ages above will be as at the last birthday

    • Entry age:
    • 10 years policy term: Min: 8 years | Max: 45 years
    • 15 years policy term: Min: 3 years | Max: 43 years
    • Maturity age:
    • 10 years policy term: Min: 18 years | Max: 55 years
    • 15 years policy term: Min: 18 years | Max: 58 years
  • Policy

    • Policy Term: 10 and 15 years
  • Basic Sum Assured

    • 10 times of Single Premium
  • Single Premium Amount

    • Minimum: Rs. 300,000 | Maximum: No limit
  • Premium Payment Details

    • Premium Payment Option: Single
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Downloads

Download the brochure to know more about the plan and how it can benefit you.

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Call on toll free number 1800 209 8800(8:00 am to 10:00pm)

Call our toll free number and our representative will help you buy the most suitable plan.

Mail us on clientservicedesk@kotak.com

Mail your queries to us and we will answer them at the earliest.

Read about Tax benefits & Plan Disclaimer

Terms and conditions

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.

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 Single Invest Advantage 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 (along with the possibility of increase in charges), from your Insurance Agent or Corporate Agent / Insurance Broker or policy document of the insurer

Kotak Single Invest Advantage Plan UIN: 107L065V03, Form No: L065, Ref. No.: KLI/15-16/E-WEB/150

Insurance is the subject matter of solicitation. This is a unit linked non-participating endowment plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

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: clientservicedesk@kotak.com

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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