Kotak Mahindra Bank ULIP

January 21, 2018 by
Filed under: General 

Question:

Hi buddy here I have come to collect info related to Kotak Mahindra Bank ULIP plans so will you plz let me know about the same ??

Answer:

Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India.

ULIP (Unit Linked Insurance Plan) is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds.

Types of Kotak Mahindra ULIP Plans
Kotak Ace Investment Plan
Features & benefits

Minimal access age 0 and most 65 years.

Minimal maturity age 18 years.

Most adulthood age seventy-five years

Policy terms are – 10 / 15 / 20 / 25 / 30 years.

Premium price modes are – every year, half-yearly, quarterly and monthly

Premium payment terms – regular and restrained.

Enjoy flexible premium payment period.

Minimal top-Up premium required is 10,000

Kotak Wealth Insurance
Features & benefits

The plan gives triple protections.

One-of-a-kind fund alternatives to make investments.

Premium paying mode is annual

Coverage phrases are- 10 , 15, 20, 25 and 30 years.

Minimal adulthood age is 18 years and the maximum is 75 years.

Minimum entry age is 0 for life insured and 18 years for the policyholder.

Maximum access age is 65 years for each life insured and the policyholder.

There’s no limit on premium paid.

You may access your investments through partial withdrawal as and while you need.

Kotak Invest Maxima
Features & benefits

Partial withdrawal of investments is allowed.

Premium allocation price is nil.

Flexible premium paying options.

Flexible policy time period and premium charge terms.

Minimal entry age is 0 years.

Most entry age is sixty-five years.

Premium paying modes are annual and single.

Primary sum assured differs based totally on the age of policyholder.

Kotak Headstart child assured
Features & benefits

Get a deliberate corpus at maturity.

Comes with triple safety.

Flexible premium charge phrases

Premium fee mode – annual and half yearly.

Minimum entry of a baby needs to be 18 years.

Maximum entry age is 60 years.

Coverage terms are 10, 15, and 25 years.

Experience tax blessings.

Kotak Platinum
Features & benefits

The plan affords 3 investment techniques to create substantial wealth.

Partial withdrawal is allowed.

Presents adulthood benefits.

Riders are available.

Minimal entry age 0

Maximum access age sixty-five years.

Minimum maturity age 18 years.

most maturity age 75 years.

Policy time period – 10 to 30 years.

Premium price time period- normal and limited.

Kotak Single Invest benefit
Capabilities & advantages

Option to pick from three investment techniques

Minimum entry age 3 and eight years for a polity time period of 15 and 10 years respectively.

Most access age 45 years for a coverage time period of 10 years and 43 years for 15 years.

Minimum age at adulthood is 18 years and most is 58 years.

Policy terms – 10 and 15 years.

Minimum premium required is Rs.3, 00, 0000.

There is no restrict on most premium payable.

Basic sum assured is 10 instances of single premium paid.

Kotak Single invest Plus
Capabilities & blessings

Get a joint life protection cover,

Loyalty additions

Pick out from five different price ranges to invest your savings.

Minimum access age 18 years for number one life and 3 years of secondary life.

Maximum access age is fifty-five years for each primary and secondary life.

Policy terms encompass 10 to 15 years.

Premium paying option – single

Minimum premium degree is Rs.3,00,000

There’s no limit on the most premium amount.

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