Kotak ACE Investment Plan | Advantage | Key Benefits

You understand the importance of planning judiciously for your future and you are willing to invest on a regular basis to ensure that you achieve your goals. However, choosing that right investment avenue is not an easy task. An ideal plan would be the one that helps you earn good returns over the medium to long run and at the same time provide you with requisite flexibility and liquidity.

Advantages

Customize your fund portfolio to suit your risk profile
Enjoy flexibility through suitable payment options
Avail of cash in case of need through partial withdrawals and loans
Add more to your kitty through Top-Up premiums
Boost your protective cover through optional rider benefits

Key Features

Customize your fund portfolio to suit your risk profile

Kotak Ace Investment offers you the flexibility to choose from a wide array of 8 funds. The investment mandate for these funds is diverse enough to ensure that you will find the fund that suits your risk-return profile perfectly. You also have the option to switch from one fund to another for greater control over your investments. The funds offered in this plan are:

Investment Options	Risk- Return Profile	Equity	Debt (Including Money Market Instruments*)
Classic Opportunities Fund	Aggressive	75-100%	0-25%
Frontline Equity Fund	Aggressive	60-100%	0-40%
Balanced Fund	Moderate	30-60%	40-70%
Dynamic Floor Fund II	Cautious	0-75%	25-100%
Bond Fund	Conservative		100%
Floating Rate Fund	Conservative
Gilt Fund	Conservative
Money Market Fund	Secure		100%

*Investments in Money Market Instruments will not exceed 40%, except for Money Market Fund.

Enjoy flexibility through convenient payment options

This plan offers you the option of a shorter term for premium payment where you can choose to pay off your premiums in 5 years for a policy term of 10 years and 10 years for policy terms of 15, 20, 25 and 30 years. Further, you can pay your premiums annually, half-yearly, quarterly or monthly as per your requirement.

Avail of cash in case of need through partial withdrawals and loans

To ensure that your long-term investments are flexible enough to account for your current needs, Kotak Ace Investment 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 possibility, after two years premium have been paid. After completion of five policy years, you get additional liquidity through partial withdrawals.

Add more to your kitty through Top-Up premiums

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.

Boost your protective cover through optional rider benefits

To ensure comprehensive protection for your family, you may opt for any of the following rider benefits:

Kotak Term Benefit (KTB)/ Kotak Preferred Term Benefit (KPTB)
Kotak Critical Illness Benefit (CIB)
Kotak Accidental Death Benefit (ADB)
Kotak Permanent Disability Benefit (PDB)
Kotak Life Guardian Benefit (LGB)
Kotak Accidental Disability Guardian Benefit (ADGB)

Tax Benefits

You can avail tax benefits as per Section 80C and Section 10 (10D) of Income Tax Act, 1961. Premiums paid for Kotak Critical Illness Benefit (CIB) qualify for a deduction under Section 80D. Tax Benefits are subject to change in tax laws.

Risk Factors

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 Ace Investment is only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. The various funds offered under this contract 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 Corporate Agent / Insurance Broker or policy document of the insurer

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Tags: Insurance, Kotak ACE Investment Plan, KOTAK LIFE INSURANCE