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Home > Personal Banking >Insurance

Life Insurance General Insurance

Kotak Surakshit Jeevan Insurance

We are a Corporate Agent of Kotak Life Insurance providing a wide range of life insurance solutions. The following are some of the life insurance products offered by Kotak Life Insurance.

Kotak Assured Income Plan
Kotak Endowment Plan
Kotak Capital Multiplier Plan
Kotak Money Back Plan
Kotak Surakhsit Jeevan
Kotak Wealth Insurance

KOTAK ASSURED INCOME PLAN A non-participating anticipated endowment plan that guarantees you an additional income every year, for 20 years. You also enjoy life cover for the entire policy term thereby protecting your family should something happen to you. Key Highlights

Enjoy Assured Annual Income for 20 years.
Receive additional lump sum on maturity.
Provide protection to your family for 30 years.
Boost your protective cover through optional riders
- Kotak Accidental Death Benefit
- Kotak Permanent Disability Benefit
- Kotak Life Guardian Benefit
- Kotak Accidental Disability Guardian Benefit

KOTAK ENDOWMENT PLAN A participating endowment plan that provides an avenue for long term regular investments to accumulate lump sum on maturity. The plan provides dual benefit of insurance and accumulating investments. Bonuses are declared every year throughout the term of the policy. Key Highlights

Regular investment along with life coverage.
Earn bonuses on your investments.
Limited premium payment option available.
Automatic Life Cover Maintenance.
Loan Facility.
Save Tax under sections 80C and 10(10D) of Income Tax Act, 1961*
Rider available
- Kotak Term/Preferred Term Benefit (KTB/KPTB)
- Kotak Accidental Death Benefit
- Kotak Permanent Disability Benefit
- Kotak Critical Illness Benefit
- Kotak Life Guardian Benefit
- Kotak Accidental Disability Guardian Benefit

KOTAK CAPITAL MULTIPLIER PLAN An endowment plan that earns bonuses every year, along with the facility to increase investment and facility to withdraw your money tax-free, as and when you want to, over a 15-year period post-maturity. This plan is suited for you...

If you are looking for an investment plan for your child and want a flexible money-back plan that gives you the power to decide the amount and time of withdrawals.
If you are planning for your retirement and require a plan that allows you to withdraw any amount as per your need and at the same time invest your money prudently to get you bonuses on the balance in your account.
If you think that from time to time you will have extra cash, which you would like to invest in an instrument which is safe and which will get you attractive returns.

FEATURES

Freedom of extending the policy term beyond the maturity date.
Continue to earn tax free* returns after maturity.
Combine the benefit of insurance and long term investment.
Additional Life Cover (10% of Basic Sum Assured) during Policy Term as well as during Withdrawal period (15 years after Policy Term).
Earn bonuses on the plan.
Make Lump sum Injections.
Can be adapted as a pension plan where regular tax free income can be received.
Save Tax under sections 80C and 10(10D) of Income Tax Act, 1961*
Rider available
- Kotak Term/Preferred Term Benefit (KTB/KPTB)
- Kotak Accidental Death Benefit
- Kotak Permanent Disability Benefit
- Kotak Critical Illness Benefit
- Kotak Life Guardian Benefit
- Kotak Accidental Disability Guardian Benefit

KOTAK MONEY BACK PLAN A plan that provides cash lump sums at intervals of 5 years, guaranteed additions on maturity and death benefit increasing at 7% of basic sum assured at the end of each year. Bonuses are declared every year throughout the term of the policy. FEATURES

Cash payout equal to 100% of Sum Assured at intervals of 5 years.
Additional cash payout of 20% to 40% of Sum Assured on maturity.
Stay protected with life cover that increases at 7% every year.
Earn bonuses on the plan.
Save Tax under sections 80C and 10(10D) of Income Tax Act, 1961*
Rider available
- Kotak Term/Preferred Term Benefit (KTB/KPTB)
- Kotak Accidental Death Benefit
- Kotak Permanent Disability Benefit
- Kotak Critical Illness Benefit
- Kotak Life Guardian Benefit
- Kotak Accidental Disability Guardian Benefit

KOTAK SURAKSHIT JEEVAN Kotak Surakshit Jeevan caters to the need for protection that increases alongside the increasing responsibilities. To ensure that one's life is adequately covered at every step, the 'Enhanced Protection' benefit automatically boosts life cover (Basic Sum Assured) after Year 5 by 100% FEATURES

Double Protection from Year 5 onwards.
Disciplined savings through regularly setting aside modest amounts.
Loyalty rewards for long term commitments.
Earn bonuses on the plan.
Flexibility in withdrawing money after maturity.
Hassle free sign-up.
Save Tax under sections 80C and 10(10D) of Income Tax Act, 1961*
Rider available
- Kotak Permanent Disability Benefit
- Kotak Life Guardian Benefit

KOTAK WEALTH INSURANCE This is a unit-linked insurance plan that offers comprehensive protection along with investment growth to take care of your family under all eventualities. The plan offers triple death benefit of Fund Value, Basic Sum Assured and outstanding premiums when Life Insured and the Policyholder are the same. FEATURES

Comprehensive Triple Protection.
Wide array of fund options.
Convenient limited premium payment option.
Complete flexibility 5 policy year onwards.
Save Tax under sections 80C and 10(10D) of Income Tax Act, 1961*
Rider available
- Kotak Accidental Death Benefit
- Kotak Critical Illness Benefit
- Kotak Accidental Disability Guardian Benefit

*Premiums paid for Kotak Critical Illness Benefit (CIB) qualify for a deduction under Section 80D. Tax Benefits are subject to change in tax laws. You are advised to consult your Tax Advisors for details.

Risk Factors (Kotak Wealth Insurance) Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. In this policy, the investment risk in the investment portfolio is borne by the policyholder. 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 Wealth Insurance 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, from your Insurance Agent or Corporate Agent / Insurance Broker or policy document of the insurer.

Kotak Assured Income Plan - UIN: 107N069V01, Form No: N069, Kotak Endowment Plan - UIN 107N002V01 Form No: OME01, Kotak Capital Multiplier Plan UIN: 107N011V01 Form No: N011,Kotak Money Back Plan UIN:107N003V01 Form No: N003,Kotak Surakshit Jeevan UIN -107N042V01, Form No. SuJ01,Kotak Wealth Insurance– UIN: 107L063V01, Form No: L063;Kotak Term Benefit - 107C003V02,Kotak Preferred Term Benefit - 107C013V01,Kotak Accidental Death Benefit - 107C001V01, Kotak Permanent Disability Benefit- 107C002V01, 107C004V02,Kotak Life Guardian Benefit - 107C012V01,Kotak Accidental Disability Guardian Benefit - 107C011V01; Ref. No: KLI/11-12/E-WEB/047 Insurance is the subject matter of solicitation. Kotak Assured Income Plan is a non-participating anticipated endowment plan. Kotak Endowment Plan, Kotak Capital Multiplier Plan, Kotak Money Back Plan and Kotak Surakshit Jeevan are non-unit linked participating plans. Kotak Wealth Insurance is a unit linked non-participating endowment plan. This content is not a brochure and only gives the salient features of the plan. For more details on risk factors, terms and conditions please read the respective sales brochure carefully before concluding a sale. For details on riders, please refer to the rider brochure. Kotak Mahindra Old Mutual Life Insurance Ltd. Regn. No.:107, Regd. Office: 4th Floor, Vinay Bhavya Complex, 159 A, CST Road, Kalina, Santacruz (East), Mumbai: 400 098. Website: http://insurance.kotak.com Email: lifeexpert@kotak.com Toll Free No. – 1800 209 8800 The Ratnakar Bank Ltd. is a Corporate Agent of Kotak Life Insurance (Licence No: 3344671)