KOTAk Flexi Plan

 

In this policy, the investment risk in the investment portfolio is borne by the policyholder. Overview Managing one's finances judiciously remains a nightmare for most. It is not just about managing your current expenses, but also about creating wealth out of your current savings to meet your future financial and lifestyle goals when you need those most. Did anyone say it better be left to the experts? Kotak Flexi plan offers you an ideal market-linked investment plan that helps you create your own financial future by offering you the flexibility and control over your money. Not just that, it comes with a unique "Seal of Guarantee" to give you the best of bullish markets and ensure no capital erosion in case of bearish times.      Advantages ·                            Unlimited upside potential with no downside market risk ·                            Wide range of funds to suit your risk appetite ·                            Limited Premium or Regular premium payment option to suit your finances ·                            Add to your Investments any time through easy top-ups ·                            Tax-free switching to help you maximize returns ·                            Easy liquidity through partial withdrawals    Key Features Wealth Maximization Avenue Kotak Flexi Plan offers a wide range of fund options to help you plan for your financial goals vis-à-vis your risk appetite- Guaranteed/Dynamic Growth; Guaranteed/Dynamic Balanced; Guaranteed/Dynamic Bond; Guaranteed/Dynamic Gilt; Guaranteed/Dynamic Floating Rate; and Guaranteed/Dynamic Money Market Fund and Aggressive Growth#. # Available only for the Top-up Account Note: The Guaranteed Funds are available only with the Main Account whereas the Dynamic Funds range is available only on the Top-up Account. Seal of Guarantee (Maturity Benefit) The unique offer of this plan is its Guaranteed Maturity Value to make sure you enjoy unlimited upside potential from bull markets, while there is no downside risk in case of falling markets. At the time of maturity, higher of Guaranteed Maturity Value^ or fund value in the Main Account; plus fund value in the Top-Up Account will be payable. Protection for your family (Death Benefit) In the unfortunate event of death, your beneficiary would receive the higher of basic sum assured or the market value in the Main Account; higher plus fund value in top up accounts; if any. The plan also offers additional cover by way of 7 riders.    Tax Benefits Tax Benefit can be availed under section 80C and 10(10D) of Income Tax Act, 1961. Section 80D will apply in case 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.: 107L023V02   ^Guaranteed Maturity Value is applicable only where all premiums are paid on time. *Subject to terms & conditions of the policy.       Subscribe to FINVESTguru Email: Visit this group