FINVESTguru: We Care Your Money (Insurance): KOTAK EASY GROWTH PLAN

In this policy, the investment risk in the investment portfolio is borne by the policy holder.

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)

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.

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

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)

Tax Benefits

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.

For more details on terms and conditions please download the product brochure.

UIN No.: 107L020V02