The Kotak Flexi Plan of Kotak Life Insurance plan is a market linked investment plan. This policy helps to create the financial future because it offers control as well as flexibility over the money. It gives the best of the market and ensures capital erosion.
The main advantages of Kotak Flexi Plan of Kotak Life Insurance are as follows:
- This policy adds to the investment anytime through top ups.
- The policy has wide range of funds to suit the risk appetite of the customer.
- The facility to switch from one fund to another is free of tax and thus it helps in maximizing the returns.
- The policy gives limited upside potential with no downside market risk.
- The facility of easy liquidity through partial withdrawals is also available under this policy.
- The options of limited premium or regular premium are also available to suit the finances of the policy holder.
- The plan also gives additional cover by 7 riders.
The key benefits of Kotak Flexi Plan of Kotak Life Insurance plan are as follows:
The guaranteed maturity value is offered along with this plan to ensure that the policy holder enjoys the unlimited upside potential. The customer does not have to face any downside risk in case of falling market. At the maturity of the policy the guaranteed maturity value or the fund value in the main account whichever is higher will be paid to the policy holder. The fund value in the top up account will also be paid.
In case of the unfortunate death of the policy holder the beneficiary will get the sum assured or the market value in the main account whichever is higher. If there is any fund value in the top up account that will also be paid.