Kotak Life – Kotak Smart Advantage

Kotak Smart Advantage of Kotak Life Insurance is an insurance cover and an investment plan combined to give you better returns for the future. It is a long Term Plan where your amount is allocated in market linked funds. Thus you get a good amount of money at the end of term. This builds a good amount of corpus for your future needs.

Benefits:
1. You get assured bonus additions at regular intervals.
2. Tax benefits under section 80C and section 10(10D) of the Income Tax Act.
3. It offers guaranteed returns of up to 275% on your first premium on maturity.
4. The plan offers a choice of top-ups which can be added to your portfolio.
5. There is a choice of paying the premiums at different intervals which are monthly, quarterly, half-yearly and annually.
6. It also a choice of either switching between funds or a partial withdrawal can be made.

Maturity Benefits

Parameters	Minimum	Maximum
Age at Entry	0 years	65 years
Maturity Age	18 years	75 years
Minimum Premium	Regular – Rs 10, 000 p.a., Limited – Rs 36, 000 p.a.