Insurance Company, Kotak Mahindra Old Mutual Life Insurance Ltd. Plan Name, Kotak Capital Multiplier Plan. Plan Nature, TRADITIONAL. Plan Category. I have taken Kotak Capital Multiplier plan (UINNO11V01) with two riders ( accident death benefit & permanent disability benefit). Kotak Capital Multiplier Plan UIN: NV01, Form No: N, KTB- CV02, The product brochure gives only the salient features of the plan. Please.
|Published (Last):||19 December 2017|
|PDF File Size:||18.70 Mb|
|ePub File Size:||16.18 Mb|
|Price:||Free* [*Free Regsitration Required]|
This fund is managed by the prudent fund managers to provide highest returns. Many companies offer their plans for securing their life. Insurance is the subject matter of solicitation.
There are 6 additional riders available in this plan. The Kotak Capital Multiplier Plan is the only plan of its kind that allows you to enjoy returns even beyond maturity. Top-Up Premiums In case you have any surplus funds you may invest them at anytime in the policy. Join home buying forum to post your investment and trading questions.
Kotak Capital Multiplier Plan: Rider Benefits You can choose from any of the following riders: You must log in or sign up to reply here. Thank you sharing such nice information which is very useful for people. Notify me of follow-up comments by email.
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. Discuss Personal finance and plan your retirement.
Log in or Sign up. In this post given all information is very informative and useful.
Feel free to join, discuss and list your real estate properties. Death benefit for the premium payment term and beyond In the event of death during the premium payment term build up phasethe pkan would get the higher of basic sum assured or the total amount built up caputal the accumulation account.
Choice to opt for early maturity in case of ill health In this plan, you can even opt for an early maturity citing ill health.
Kotak Capital Multiplier Plan–Kotak Mahindra Life Insurance
Maturity Benefit — On maturity, higher of the Basic Sum Assured or the Accumulation Account can be withdrawn along with the balance in the Caapital Accumulation Account within the entire period of 15 years. Do you already have an account? This plan is best suited for you… If you are looking for an investment plan plna your child and want a flexible money-back plan that gives you the power to decide the amount and time of withdrawals.
Download its brochure here. Policy Term in years. Regular Premium in Rs. 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.
Post your rental queries in the city specific forum. Company Information About Us. The NVV is the basic sum assured or Accumulation Account, whichever is higher after deducting the multiplidr withdrawals on the date of maturity.
Please help to evaluate Kotak Capital Multiplier plan
If you are planning for your retirement and require a plan that allows you to withdraw any amount mulfiplier per your need and at the same time invests your money prudently to get you bonuses on the balance in your account. The company may choose to declare more returns if there is an investment surplus. Connect with Us Contact Us Feedback.
Please don’t throw around your website’s link. Share This Page Tweet. My Policies Log Out. 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. Notify me of new posts by email.
Get stock markets trading ideas and strategies. Tax benefits under the policy will be as per the prevailing income tax laws and are subject to change in the tax laws.
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. Thus, ensuring that you have accumulated enough to sustain yourself at phases like retirement.
Select City Mumbai, Maharashtra. You may make one capitaal more partial withdrawals each year, for the next 15 years or till the age of 75, whichever is earlier. Premium Payment Term in years. You are advised to consult your tax adviser for details. Riders — There are 6 additional riders available with this policy: Iife insurance is very important.
The amount from the Supplementary Accumulation Account can be withdrawn for flexibility.
Kotak Life Insurance Capital Multiplier Plan
Automatic Cover Maintenance to keep the plan going Future is uncertain and it is difficult to keep up caital the obligation of premium payment year-on-year. You want a loan against your policy – There is Loan available under this plan. If you do not see any immediate utilization of your maturity proceeds, you could let it stay invested with us for a maximum of 15 years after the maturity of the plan and it could function like cwpital fixed deposit offering returns and liquidity to withdraw all your funds.
On Policy Maturity, i. Age at Maturity in years. 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 Muptiplier Account.