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Your investment returns will be augmented by Loyalty Additions at the end of the 10th policy year (for policy terms 10 and 15years) and at the end of the 15th policy year (only for 15year policy term). The Loyalty Additions are as follows:Premium Amount() Loyalty Addition50000 to 199999 2.25%200000 & above 3.00%
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The plan offers a range of funds that allow you to balance your risk profile with your investment needs.Investment Options Risk Profile Return Equity DebtClassic Opportunities fund Aggressive 75-100% 0-25%Frontline Equity Fund Aggressive 60-100% 0-40%Dynamic Floor Fund II Cautious 0-75% 25-100%Bond Fund Conservative 100%Gilt Fund Conservative Money Market Fund Secure 100%
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To ensure that your long-term investments are flexible enough to account for your current needs, kotak Single Invest Advantage offers you the option of Partial Withdrawals and Loans. You can avail of a loan up to 40% of the Fund Value in Main and Top-Up Account to meet any contingency, after year has elapsed. After completion of five policy years, you get additional liquidity through Partial Withdrawals.
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You can invest your surplus funds as Top-Ups, thus adding to your savings potential. You also enjoy Top-Up Sum Assured that adds to your existing cover
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Tax benefits under the policy will be as per the prevailing Income Tax laws and they are subject to change in the tax laws. You are advised to consult your Tax Advisor for details.
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Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors
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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.
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