KOTAK CAPITAL MULTIPLIER PLAN PDF
Insurance Company, Kotak Mahindra Old Mutual Life Insurance Ltd. Plan Name, Kotak Capital Multiplier Plan. Plan Nature, TRADITIONAL. Plan Category. I have taken Kotak Capital Multiplier plan (UINNO11V01) with two riders ( accident death benefit & permanent disability benefit). Kotak Capital Multiplier Plan UIN: NV01, Form No: N, KTB- CV02, The product brochure gives only the salient features of the plan. Please.
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This plan is best suited for you… If you mmultiplier 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. A Supplementary Accumulation Account is created to hold these lump sums. This cover continues even after the Accumulation Phase, till the end of the Withdrawal Phase.
Regular Premium in Rs.
Kotak Capital Multiplier Plan: Your name or email address: Yearly, Half-Yearly, Quarterly and Monthly. Leave a Reply Cancel reply Your email address will not be published. This is a participating plan and you are entitled to the higher of the basic sum assured or the Accumulation Account on maturity along with the balance in the Supplementary Accumulation Account.
In this post given all information is very informative and useful. The Kotak Capital Multiplier Plan is the only plan of its kind that allows you to enjoy returns even beyond maturity.
Do you already have an account? Get a planned corpus on maturity At maturity of the plan, you are entitled to the higher of the basic sum assured or the total amount built up in the accumulation account along with the bonuses declared on the policy.
Our Products Motor Insurance. The premiums are deposited in the Accumulation Account, after deduction of charges.
Kotak Capital Multiplier Plan–Kotak Mahindra Life Insurance
Your premiums under Section 80C. Additional Protection You can also opt for additional riders in order to safeguard yourself from eventualities like a critical illness, an accidental death, disability and permanent disability.
You can avail tax benefits on: Feel free to join, discuss and list your real estate properties. On Policy Maturity, i.
Kotak Life Insurance Capital Multiplier Plan
Notify me of new posts by email. In case you have any surplus funds you may invest them at anytime in the policy. Death benefit for the premium payment term and beyond In the event of death during the premium payment term build up phasethe beneficiary would get the higher of basic sum assured or the total amount built up in the accumulation account.
Connect with Us Contact Us Feedback. The amount from the Supplementary Accumulation Account can be withdrawn for flexibility. This facility is available after 3 completed policy years. There are 6 additional riders available in this plan. Automatic Cover Maintenance to keep the plan going Future is uncertain and it is difficult to keep up with the obligation of premium payment year-on-year.
The policy would terminate once the entire amount has been withdrawn or would be paid out at the end of the Withdrawal Phase. At anytime during this post maturity phase, you still have czpital flexibility to withdraw funds in full and terminate the policy.
Iife insurance is very important. Discuss Personal finance and plan your retirement. Have you ever wished for an endowment plan that offers bonuses every caputal, along with the facility to increase your investment and to withdraw your money, as and when you want to, over a year period post-maturity. Top-Up Premiums In case you have any surplus funds you may invest them at anytime in the policy.
Kotak Life Insurance Capital Multiplier Plan Brochure – Docs
The value of the bonus will be included in cash value. Riders — There are 6 additional riders available with this policy: 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.
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