KOTAK SAFE INVESTMENT PLAN II

 

In this policy, the investment risk in the investment portfolio is borne by the policyholder. Overview Investing in stock markets is both inviting as well as intimidating for most. Whenever you take a financial decision, you want to be sure that it not only multiplies your hard-earned savings, but also protects your capital from any potential losses.    Why An Ideal Plan Kotak Safe Investment plan is the ideal investment plan for you with its unique 'Seal of Guarantee' offer that not just gives you the best of bull markets but also eliminates any capital loss in falling markets. Now, investing in markets will never mean that the worst is behind you.    Advantages ·                            Unlimited upside potential with no downside market risk ·                            Wide range of six funds to suit your requirements ·                            Flexible Risk Cover option depending on your need ·                            Add to your investments any time through easy Top-Ups ·                            Tax-free switching to help you maximize returns ·                            Easy liquidity through facility for partial withdrawals    Key Features Wealth Maximization Avenue Kotak Safe Investment Plan is a market-linked plan with a choice of six fund options to balance your risk profile with the tenure of your investment : ·                            Guaranteed / Dynamic Money Market Fund – 0.6% ·                            Guaranteed / Dynamic Gilt Fund – 1.0% ·                            Guaranteed / Dynamic Bond Fund – 1.2% ·                            Guaranteed / Dynamic Floating Fund Rate Fund – 1.2% ·                            Guaranteed / Dynamic Balanced Fund – 1.3% ·                            Guaranteed / Dynamic Growth Fund – 1.5% Our financial acumen & expertise would ensure that your investments maximize with protection of capital. Seal of Guarantee (Maturity Benefit) You make the most of your investments by enjoying the unlimited upside potential from bull markets, while the Guaranteed Maturity Value ensures 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. In a nutshell, "Bulls you win. Bears You win". Protection for your family (Death Benefit) In the unfortunate event of death, your beneficiary would receive the sum assured (less any relevant withdrawals) or the fund value in the Main Account, whichever is higher, plus market fund value in the Top-up account. This plan offers you the following two life cover options to choose from: ·                            High Cover-Policy Term X Annual Premium ·                            Low Cover- 5 X Annual Premium The plan also offers additional cover by way of 7 riders. Flexibility to manage your plan ·                            Increase your contributions any time throughout the term of the policy by way of easy top-up facility* ·                            Option to withdraw maturity proceeds in a lump sum or in pre-defined installments over a period of five years after maturity    Tax Benefits Tax Benefits can be availed under section 80C and 10(10D) of Income Tax Act, 1961. Section 80D of the Income Tax, 1961 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.: 107L021V02   ^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