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| Home> For Individuals> Savings & Investment Plans> Kotak Easy Growth Plan |
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| In this policy, the
investment risk in the investment portfolio is borne
by the policy holder. |
| Overview |
| Kotak Life Insurance
brings to you Kotak Easy Growth plan, a single premium
investment plan that generates value for you for
whole life as well as provides protection to your
family in case of unforeseen events. Kotak Easy
Growth gives you control over your investments through
a single premium option and allows access to cash
value for emergencies, retirement or other opportunities
through hassle free withdrawal options. |
Kotak Easy Growth
Plan comes in two variants:
Kotak Easy Growth 1.25 times (Sum Assured equals
1.25 times the single premium paid)
Kotak Easy Growth 5 times (Sum Assured equals 5
times the single premium paid) |
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 This
plan is ideal for you... |
- If you would like to save the hassle of regular premium payments
- If you would like to increase your investment amount at your convenience according to your requirements
- If you do not want to be tied down to a tight, pre-decided maturity schedule and would like to enjoy an easy exit from the plan.
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| Advantages |
- Simplicity of payment - Single premium plan
- Investment benefit spread across whole life
- Dual benefits of investments as well as insurance
- Choice of six fund options
- Tax free switching to help you maximize returns
- Flexible withdrawals / Top-Up Contributions
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| Key
Features |
 Wealth
Maximization Avenue |
Kotak Easy Growth is
a market-linked plan with a choice of six fund options
to balance your risk profile with the tenure of
your investment :
- Aggressive Growth
- Dynamic Growth
- Dynamic Balanced
- Dynamic Bond
- Dynamic Gilt
- Dynamic Floating Rate
Our financial acumen & expertise would ensure
that your investments maximize with protection of
capital. |
 Flexibility
to Accumulate More |
| You may increase your
contributions any time throughout the term of the
policy by way of easy top-up facility subject to
a maximum of 25% of the single premium paid. |
 Maturity
Benefit |
| This is an open ended
plan, without a fixed maturity date. You can exit
anytime after the third policy anniversary, and
you would get the fund value in the Main Account
plus fund value in the Top-up Accounts. |
 Death
Benefit |
| In the unfortunate event
of death, your beneficiary would receive the sum
assured (which is 1.25 or 5 times the single premium;
depending upon the plan opted for) or the fund value
in the Main Account, which ever is higher plus fund
value in the Top-up Accounts. |
Kotak Easy Growth (5
times) offers additional cover by way of 3 riders-
- Accidental Death Benefit (ADB – UIN
No: 107C001V01)
- Permanent Disability Benefit, (PDB –
UIN N: 107C002V01)
- Critical Illness Benefit. (CIB – UIN
No: 107C004V02)
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| Please refer to the rider write up for more details. |
| Tax Benefits |
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Tax Benefits can be availed under section 80C and 10 (10D) of Income Tax Act, 1961. Section 80D will apply in case of Kotak Easy Growth (5 times); if Critical Illness benefit is opted for. Tax benefits are subject to change in tax laws. Please consult your tax advisor for details. |
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| For more details on terms and conditions please download the product brochure. |
UIN No.: 107L020V02 |
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