Kotak Head Start Assured Wealth

Overview Every child is different, with a unique set of dreams and aspirations. As a parent, you would like to provide your child with all the building blocks necessary to develop his or her potential to the fullest. This could mean extra coaching or tuition for talented children, special training or equipment for natural athletes, or professional training or equipment for natural athletes, or professional training for born singers. This is where Kotak's Headstart Child Plans come in.  Why An Ideal Plan These are specially tailored, cost effective plans that aim to give your children the financial means to pursue his or her dreams - and to live them.  Advantages Choice of 2 plan variants Maximizes wealth while providing protection Joint Life option Save for 2 children with one plan Additional bonus units Flexible withdrawals  Key Features Your Needs Our Solutions A dependable investment avenue To meet exponential costs of education or marriage, equity exposure is the key. However, you may find it difficult to take a view on the markets and may not be in a position to switch your money efficiently from one fund to another. What you need is an investment plan that manages itself to deliver handsome returns. Our unique DYNAMIC FLOOR FUND offers embedded advice from investment experts, aiming for stable returns and capital appreciation to comfortably outpace the cost of living. It allows you to invest and forget about the hassles of switching across fund options or depend upon the advice of others. Flexibility to manage your plan Your children's future expenses don't all come at once; often there might be a large initial outlay, with extra expense over the ensuing years. For this you need a flexible avenue that allows access to your investment, in any amount and at any time. You may withdraw any amount on maturity for your children. The balance, if any, can be taken in pre-specified installments -yearly, half-yearly, quarterly or monthly. Protection for your children You would not want to take a chance when it comes to your children's future. You are looking for a plan that ensures a financially secure and comfortable tomorrow, no matter what the uncertainty of life. A lump sum of 100% of the sum assured would be paid out immediately on the life insured's death. An additional amount of all outstanding premiums plus the policy balance will also be paid. This additional amount may be utilized immediately or in equal installments payable semi-annually over 5 years. (Applicable for HeadStart Future Protect - Single Life)  Riders available under both the plans are: For Kotak Headstart Assure Wealth: Kotak Accidental Death Benefit (ADB) Kotak Permanent Disability Benefit (PDB) Kotak Critical Illness Benefit (CIB) For Kotak Headstart Future Protect: Kotak Critical Illness Benefit (CIB) Kotak Accidental Death Benefit (ADB) Kotak Permanent Disability Benefit (PDB) Kotak Accidental Disability Guardian Benefit (ADGB)

---

 

Subscribe to FINVESTguru

Email:

Visit this group

---