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  • Kotak Preferred e-Term Plan

    Kotak Preferred 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.

  • Kotak e-Lifetime Income Plan

    Kotak e-Lifetime Income Plan gives you the assurance of regular stream of income throughout your lifetime to lead a care-free life.

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Kotak Single Invest Plus

A Single Premium Unit-linked Joint 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.

Value of your hard-earned money is best understood by you. The most important thing is to ensure that the money is put in right use for it to provide benefit to you and your family in the long run. Kotak Life Insurance brings to you Kotak Single Invest Plus, a single premium unit linked plan where by paying once you can reap the benefits and moreover while staying protected. The plan coupled with joint life protection cover, loyalty additions and by offering a wide array of funds ensures that your investments work for you and not the vice versa.

Key features

  • Convenience of onetime payment – Single Premium

    Being a single premium plan, there is no obligation of future payments, so just sit back and relax!

  • Joint Life cover – Provides cover on both the lives

    Now you can protect the primary life and one more family member. The plan provides benefit on the unfortunate event of first death and thereafter also continues to cover the surviving life for any further uncertainties. Only specified closed relationships are allowed as Joint Lives.

  • Advantage of Loyalty Additions

    The Plan provides Loyalty Additions at the end of 10th year for a policy of 10-year term and at the end of 10th and 15th year for a Policy of 15-year term. The Loyalty Addition is calculated as percentage of the average value of Funds in the Main Account in the three years preceding the benefit payment. Premium Amount (Rs.)- < 7 lacs Loyalty Addition- 3.60% Premium Amount (Rs.)- >= 7 lacs Loyalty Addition- 4.00%

  • Option to invest in a wide array of funds

    The plan offers 5 fund options to choose as per your risk appetite and investment objective.

Eligibility

  • Age Criteria:

    Primary Life Secondary Life
    Entry Age* Min: 18 yrs
    Max: 55 years for 10 years term
    52 years for 15 years term
    Min: 3 yrs
    Max: 55 years for 10 yrs term
    52 years for 15 years term
    Maturity Age Min: 28 yrs
    Max: 65 years for 10 years Term
    67 years for 15 years Term
    Min: 18 yrs
    Max: 65 years for 10 years Term
    67 years for 15 years Term
  • Policy

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

    • Sum Assured on 1st Death: 1.25 times of the Single Premium
    • Sum Assured on 2nd Death: 10 times of the Single Premium
  • Premium Payment Details

    • Premium Payment Option: Single Pay
    • Premium level: Min: Rs 3,00,000/- | Max: No limit

    * For age 3 to 7 years, underwriting screening will apply
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Downloads

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

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Mail us on clientservicedesk@kotak.com

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Read about Tax benefits & Plan Disclaimer

Tax Benefits & Disclaimers

Benefits earned under this plan are in accordance with the Income Tax Act, 1961. You may 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 advisor for details.

Terms & Conditions

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 Plus 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 Plus UIN – 107L075V02, Form No. – L075, Reference No.: KLI/15-16/E-WEB/185

Insurance is the subject matter of solicitation. This is a savings oriented unit linked endowment plan. This website content only gives the salient features of the 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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