The Kotak Safe Investment Plan of Kotak Life Insurance is an ideal investment plan. This plan comes with the ‘Seal of Guarantee’. This policy gives the best of the markets excludes the risk of loss in the falling markets.
The chief advantages of Kotak Safe Investment Plan of Kotak Life Insurance are as follows
- The policy offers wide range of 6 funds to suit the requirements of the customer.
- The plan also gives flexible risk cover option depending on the need.
- The top ups are easy and give the facility to add to the investment.
- The policy gives easy liquidity through facility for partial withdrawals.
- The customer can maximize the return through tax free switching from one fund to another.
The key features of Kotak Safe Investment Plan of Kotak Life Insurance are as follows:
This policy is a choice of six fund options. It balances the risk profile with the tenure of investment:
- Guaranteed / Dynamic Floating Fund Rate Fund – 1.2%
- Guaranteed / Dynamic Bond Fund – 1.2%
- Guaranteed / Dynamic Gilt Fund – 1.0%
- Guaranteed / Dynamic Money Market Fund – 0.6%
- Guaranteed / Dynamic Growth Fund – 1.5%
- Guaranteed / Dynamic Balanced Fund – 1.3%
- The customer can invest without any limit and enjoy the upside potential from the bull markets.
- The guaranteed maturity value ensures no downside risk in case of falling markets.
- At the time of maturity of the policy the fund value in the main account along with the fund value in the top up account will be paid to the policy holder.
- If there s any case of unfortunate event of the death of the policy holder the beneficiary will receive the sum assured or the fund value of the main account.
- The plan also offers High Cover-Policy Term X Annual Premium and Low Cover- 5 X Annual Premium.