Kotak Safe Investment Plan II

Kotak Safe Investment Plan II is a unit linked plan that combines the benefits of insurance and capital market returns into one.

What makes investing in Kotak Safe Investment Plan II truly unique is that you enjoy a Guaranteed Maturity Value, with varying degrees of equity exposure depending on your risk appetite. So, if the market value of your units is higher, you reap the benefits with the peace of mind that whilst in a bear market your investment is under-pinned by the Guaranteed Maturity Value. And there’s more, the returns are totally tax-free*.

Why should you invest in Kotak Safe Investment Plan II?

• If you have never invested in the equity markets, for the fear of loss of capital. With Kotak Safe investment Plan II, you need not worry about losing your capital as you have the downside risk protected by way of the Guaranteed Maturity Value.
• If you have been an investor in debt markets, you could switch a portion of your funds to equity markets via Kotak Safe Investment Plan II. The plan offers you the potential to earn higher returns with the safety net of a Guaranteed Maturity Value.
• If you are an aggressive investor in equities, you could protect the downside risk in a bear market by investing a portion of your funds in the Kotak Safe Investment Plan II. What you are essentially doing is that while you enjoy equity returns, your money is protected from abysmal lows and market vagaries by way of a Guaranteed Maturity Value.

Policy Entry Age : Min. 0 (zero) year & Max. 65 yeras
Policy Term : Min. 10 yeras or 18 minus entry age (in case of minors)
Premium Amount : Min. Rs. 18,000 per year

What do you receive on the maturity of the policy?
With the Kotak Safe Investment Plan II, your money grows 2.5 to 3 times on maturity*.

Death Benefit
"In the event of unfortunate death, your beneficiary would get the sum assured (less any partial withdrawals made from the main account during the 2 years immediately preceding death .If death occurs after attainment of age 60, all the partial withdrawals made from age 58 onwards will be set off against the sum assured) or Fund Value in the Main Account whichever is higher. Plus, if you have made any top-up investments, then you would get back the fund value in the Top-Up Accounts.

Where the life insured is a minor, the Death Benefit during the first 5 years of the policy term or below the age of 18, will only be the greater of all premiums paid (excluding rider premiums) and the fund value in the Main account Plus Fund value in the Top up accounts."

Taxation:
Tax benefits under section 80C and section 10(10D) are available as per applicable tax laws.


For other Life Insurance Plans (Endowment Plan, Child Advantage Plan, Retirement Income Plan, Easy Growth Plan, Flexi Plan, Smart Advantage Plan, etc) CONTACT @ 0091 - 9830329228 [Kolkata, India]