Kotak Long Life Wealth Plus:

Life has many ups and downs and our tomorrows are not certain.  Like the saying goes, “There is many a slip between the cup and the lip”.  At the same time if we have a well planned insurance to protect ourselves from life’s dire situations, it would buffer our losses and help us to recoup ourselves in a better and quicker way.

Kotak Long Life Wealth Plus is a brilliantly designed plan which helps you to build your safety buffer with you being able to supervise it and having control over it.

The benefits obtained by Kotak Long Life Wealth Plus,
This plan offers the maturity benefit wherein one can receive the fund value on maturity.  The matured amount can be withdrawn in one payment or in installments according to the wish of the policy holder.

In the event of death the nominee nominee is eligible to receive higher of the sum assured or the fund value in the Main account as well as the fund value of the top up accounts if any.

This plan is very flexible since it permits you to pay your premiums either in one single payment or in intervals of monthly, quarterly, half yearly, or annually to suit your convenience.

You can obtain more benefits if at the time of buying the policy you have opted for the Kotak Accidental Death Benefit rider and the Kotak Critical Illness Benefit rider.

Loyalty additions will be added to the fund if one has paid premiums up to date and regularly with defaulting. One can add any amount of money to your fund value at any time during the policy term.

You are also permitted to change the fund options from time to time according to which fund option is most beneficial to you and which provides more profit at that particular time.

If for any reason you want to withdraw a part of the amount for any dire need, you can do so after you have completed three years of policy term and also should have completed the age of 18 years.

This is a plan which is carefully designed for those people who are interested in securing their loved ones and ensuring their comfort throughout their lives.