Kotak Platinum Advantage Plus:

Kotak Platinum Advantage Plus is a policy for those people who are interested in seeking new routes to invest their hard earned money and also interested in watching it grow, so as to not only gain from their investment, but also to obtain security from it.

This plan gives total restrain over your investments and provides a wide range of investment funds to switch your investment from time to time at your advantage.

The main characteristics of the Kotak Platinum Advantage Plus are,
The Shield Account by which even if the market is down, your investment will be protected and you will get your maturity value called the Guaranteed Maturity value on any account.  The Dynamic account too offers higher returns for more investment.

This offers the following benefits:
After two years of your policy term one can reduce the annual premium.  You also have the benefit of either reducing or increasing your policy term. You have a variety of nine investment funds to choose from and invest into.  You are allowed to choose whichever investment fund is suitable for your investment goals.

There are two types of life cover available in this plan, simple life cover and double life cover.  Simple life cover offers insurance only for the buyer of the policy, but double life cover offers insurance protection for two people, the buyer and his blood relation.

You also can invest any extra additions that you get to top up your premium so that your savings can be increased even more. You can switch between the fund options as per your convenience in order to make use of the profits and to get full returns.

If you are in need of money for any reason, and you have completed three policy years, you are allowed to withdraw a part of the amount.  The conditions are that you should have completed the age of 18 years and you should leave a sum of rupees twenty five thousand in both the Shield Account and the Dynamic Account.

The Automatic Cover Maintenance benefit offers to keep the account alive even if after paying for three years without fail and by mistake one misses a few payments later.

A person who wants to secure his/her family financially or wants to invest money in the market to get profitable gains in your investment, this plan is beneficial.