KOTAK CAPITAL MULTIPLIER PLAN PDF

Doucage Get a planned corpus on maturity At maturity of the plan, you are entitled to the higher of the basic sum assured or the total amount built up in the accumulation account along with the bonuses declared on the policy. Policy Term in years. Download its brochure here. During the build-up phase In the event of unfortunate death, your beneficiary would get the higher of basic sum assured less premiums due but not paid or Accumulation Account.

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Doucage Get a planned corpus on maturity At maturity of the plan, you are entitled to the higher of the basic sum assured or the total amount built up in the accumulation account along with the bonuses declared on the policy.

Policy Term in years. Download its brochure here. During the build-up phase In the event of unfortunate death, your beneficiary would get the higher of basic sum assured less premiums due but not paid or Accumulation Account. The NVV is the basic sum assured or Accumulation Account, whichever is higher after deducting the immediate withdrawals on the date of maturity. This feature is to ensure that the long term nature of this plan does not come in the way for your needing financial support in case kotaj medical emergencies.

You want to surrender the policy — If premiums for 3 years have been paid up, then surrender of policy is allowed. Automatic Cover Maintenance to keep the plan going Future is uncertain and it is difficult to keep up with the obligation of premium payment year-on-year. Rider Benefits You can choose from any of the following riders:. Choice to opt for early maturity in pplan of ill health In this plan, you can even opt for an early maturity citing ill health.

The Bonus declared is also credited to the Accumulation Account. Share This Page Tweet. Yearly, Half-Yearly, Quarterly and Monthly. Notify me of new posts by email. You can avail tax benefits on: This plan provides Special Surrender Value as well. Automatic Cover Maintenance In case you miss your premium payment, Automatic Cover Maintenance facility will ensure that your insurance cover is in force. This cover continues even after the Accumulation Phase, till the end of the Withdrawal Phase.

This facility is available after 3 completed policy years. Connect with Us Contact Lotak Feedback. Company Information About Us. This facility of lump sum injections allows you to augment your savings in the build-up kota, in addition to the regular premiums.

The value of the bonus will be included in cash value. Join home buying forum to post your investment and trading questions. Eligibility criteria of Entry age — Min. These riders fortify your overall protection and ensure that you have peace of mind. Premium Payment Term in years. The Kotak Capital Multiplier Plan is the only plan of its kind that allows you to enjoy returns even beyond maturity. Tax benefits under the policy will be as per the prevailing income tax laws and are subject to change in the tax laws.

Iife insurance is very important. The premiums are deposited in the Accumulation Account, after deduction of charges. In this post given all information is very informative and useful.

My Policies Log Out. Additional Protection You can also opt for additional riders in order to safeguard yourself from eventualities like a critical illness, an accidental death, disability and permanent disability. Maturity or death claim proceeds under Section 10 10D. You stop paying the premium — The policy will lapse if the premium stops. Death Benefit During the build-up phase In the event of unfortunate death, your beneficiary would get the higher of basic sum assured less premiums due but not paid or Accumulation Account.

Have you ever wished for plah endowment plan that offers bonuses every year, along with the facility to increase your investment and to withdraw your money, as and when you want to, over a year period post-maturity. The Kotak Capital Multiplier Plan is a multi-purpose savings and investment plan that offers you returns in the form of bonuses on your premiums and has a flexible withdrawal option which gives you the power to decide the time and amount of withdrawals.

This is a participating plan and you are entitled to the higher of the basic sum assured cqpital the Accumulation Account on maturity along with the balance in the Supplementary Accumulation Account. If you are posting about your property for rent, provide maximum information like rent, locality, floor etc. Age at Maturity in years. Insurance is the subject matter of solicitation. Feel free to join, discuss and list your real estate properties.

You are advised to consult your tax adviser for details. In case you have any surplus funds you may invest them at anytime in the policy. On Policy Maturity, i. If you think that from time to time you will have extra cash, which you would like to invest cappital an instrument which is safe and which will get you attractive returns. The policy would multtiplier once the entire amount has been withdrawn or would be paid out at the end of the Withdrawal Phase.

You want a loan against your policy — There is Multipplier available under this plan. Thank you sharing such nice information which is very useful for people. Key benefits of Kotak Capital Multiplier Plan from Kotak Mahindra Life Insurance Company Accumulate bonuses on your account Bonuses are declared year-on-year in your account to ensure that the premiums paid by you earn returns and you are able to accumulate a substantial sum at a future date.

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KOTAK CAPITAL MULTIPLIER PLAN PDF

Thus, it is a non-linked Insurance Plan with Bonus facility. How it works — In this plan, there are 2 phases of this plan- the Accumulation Phase and the Withdrawal Phase. The premiums are deposited in the Accumulation Account, after deduction of charges. This fund is managed by the prudent fund managers to provide highest returns. There is also a feature of Lumpsum Injections where additional surplus fund can be paid to create Supplementary Accumulation Account.

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This facility is available after 3 completed policy years. You stop paying the premium — The policy will lapse if the premium stops. Kotak Life Insurance Capital Multiplier Plan Brochure — Docs This feature is to ensure that the long term nature of this plan does not come in the way multillier your needing financial support in case of medical emergencies. Death Benefit — If the Life Insured dies. However, it can be revived within 2 years from the date of first unpaid premium.

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