|
|
 |
|
| Home> For Individuals> Child Plans> Headstart Child Plans |
|
|
| "IN THIS POLICY, THE INVESTMENT
RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER." |
| Overview |
| Every child is different, with a unique
set of dreams and aspirations. As a parent, you would like to provide
your child with all the building blocks necessary to develop his
or her potential to the fullest. This could mean extra coaching
or tuition for talented children, special training or equipment
for natural athletes, or professional training for born singers.
This is where Kotak's Headstart Child Plans come in. |
|
|
Children
Plans |
 What
are children plans and why are
they important? |
| As parent
you have always wanted the best
for your children.. Lack of financial
resources should not come in the
way of your child’s dreams,
goals and aspirations. Children
plans are uniquely designed products
to help you save in a systematic
manner for a brighter future for
your beloved children. |
| The
best thing about children plans
is that they help you save regularly
over a period of time and build
a corpus that can be used to fund
your children’s overseas
education, marriage, travel etc.
Children plans also protect your
children against any unforeseen
or unfortunate event; and secure
their future by funding the key
milestones in their lives, even
when you are no longer around to
oversee them. Besides securing
the future of loved ones, children
plans provide parents like you
peace of mind. |
| Give
your children a head start in
life with children plans |
| It is
very important to plan your finances
carefully so that your children
can benefit. If you invest in the
right children plan, you will be
able to provide the required financial
support to your child, whenever
he or she needs it the most. |
| Children
plans are all the more important
when you start considering increasing
costs due to the effect of inflation.
For instance, professional courses
such as management, medicine and
engineering are already very expensive;
these are likely to be far more
costly when your child grows up.
So, you have to factor in inflation
into all your calculations.. One
of the smartest ways to beat inflation
and create financial stability
irrespective of the career your
children choose for themselves
is to start investing as early
as possible in children plans. |
| Kotak
Life Insurance’s children
plans are one of the best in its
category. Kotak Headstart Child
Plan is a unique child plan which
will help you financially secure
the future of your children by
providing good returns as well
as protecting him/her against any
unforeseen circumstances |
| Why
an Ideal Plan |
| These are specially tailored, cost
effective plans that aim to give your children the financial
means to pursue his or her dreams - and to live them. |
| Advantages |
- Choice of 2 plan variants – Kotak Headstart Assure
Wealth and Kotak Headstart
Future Protect
- Maximizes
wealth while providing
protection
- Save for 2 children
with one plan
- Additional survival units
- Flexible
withdrawals
|
|
| Key
Features |
| Your Needs |
Our Solutions |
 A
dependable investment avenue |
|
| To meet exponentially
increasing costs of education or marriage,
equity exposure is the key. However, you
may find it difficult to take a view on the
markets and may not be in a position to switch
your money efficiently from one fund to another.
What you need is an investment plan that
manages itself to deliver handsome returns. |
Our unique DYNAMIC
FLOOR FUND II offers embedded advice from
investment experts, aiming for stable returns
and capital appreciation to comfortably outpace
the cost of living. It allows you to invest
and forget about the hassles of switching
across fund options or depend upon the advice
of others. |
 Flexibility
to manage your plan |
| Your children's
future expenses don't all come at once; often
there might be a large initial outlay, with
extra expense over the ensuing years. For
this you need a flexible avenue that allows
access to your investment, in any amount
and at any time. |
You may withdraw any amount on maturity
for your children. The balance, if any, can
be taken in pre-specified installments -yearly,
half-yearly, quarterly or monthly. |
 Protection
for your children |
| You would not
want to take a chance when it comes to your
children's future. You are looking for a
plan that ensures a financially secure and
comfortable tomorrow, no matter what the
uncertainty of life. |
- On the death of the life
insured a lump sum of 100% of the sum
assured would be paid out immediately.
An additional amount of all outstanding
premiums plus the fund value will also
be paid. This is applicable for Headstart
Future Protect (Single Life Plan)
|
|
|
| Riders available under both the plans are: |
| For Kotak
Headstart Future Protect: |
For Kotak
Headstart Assure Wealth: |
- Kotak Critical Illness
Benefit (CIB)
- Kotak
Accidental Death Benefit (ADB)
- Kotak
Permanent Disability Benefit
(PDB)
- Kotak Accidental
Disability Guardian Benefit (ADGB)
|
- Kotak Accidental
Death Benefit (ADB)
- Kotak
Permanent Disability Benefit
(PDB)
- Kotak Critical
Illness Benefit (CIB)
|
|
- Unit Linked Life Insurance
products are different from the traditional
insurance products and are subject
to the risk factors.
- 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 Headstart Future Protect
(Single Life Plan) and Kotak Headstart
Assure Wealth (Single Life Plan)
are only the name of the unit linked
life insurance contracts and do not
in any way indicate the quality of
the contracts, their future prospects
or returns. The various funds offered
under these contracts 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 the Intermediary or policy
document of the insurer.
|
|
| For more details on risk
factors, terms and conditions please read
sales brochure carefully before concluding
a sale. This is a unit linked non-participating
child plan. Insurance is the subject matter of the solicitation. |
| Headstart Child Plans
includes Kotak Headstart Assure Wealth (Single
Life Plan) UIN 107L034V02 Form ID L034 and Kotak
Headstart Future Protect (Single Life Plan) UIN
107L037V02 Form ID L037 Ref No. KLI/09-10/E-WEB/236,
PDB – UIN No: 107C002V01 Form No. C002, CIB-
UIN 107C004V02 Form No. C004, ADB- UIN 107C001V01
Form No. C001, ADGB – UIN No: 107C011V01
Form No. C011 |
|
|
|
|
|
|
|
