Policy in kotak Life Insurance
Insurance in kotak Life Insurance
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India Insurance > Companies » kotak Life Insurance » Savings & Investment Plans » Kotak Single Invest

Kotak Single Invest:

Kotak Single Invest is a single investment policy and one of its kinds.  If, by any chance you inherit some money, or you are lucky enough to get an unexpected sum of money, or you get a lump sum by your hard work, if you want to invest that money by a sole investment, this is the plan which you should choose.  This plan is a secure and profitable way of securing your investment.

By just investing once in this policy, you have the advantage of obtaining its benefits from beginning to end of the policy term.

Kotak Single Invest offers many benefits.  The main characteristics include,
Single hassle-free payments by which you are required to pay your premium in just one go.  You do not have the hassle of having to remember to pay your premium at regular intervals at all, because you have already done so in one payment.

This plan offers three types of funds to choose from.  The three types are Opportunities Fund, Dynamic Floor fund and Dynamic Bond Fund.

This plan offers you the facility of investing your money as high as a percentage of ninety nine.  So the more money you invest the more returns you will get.

Kotak Single Invest allows you to change from one investment fund to the other at least twelve times in a policy year.  You can change your investment in accordance to where you can get more gains in your investment market.

This plan also offers the death benefit.  According to this benefit, if you’re unfortunate death takes place during the first policy year, your nominee is eligible to get the higher of the fund value or the basic sum assured.

If your unfortunate death takes place during the second policy year or after that, your nominee is eligible to get the higher of the fund value or 22% of the basic sum assured.

Kotak Single Invest is a hassle free investment policy and if you want to be insured without going through too much of botheration, this is the policy plan for you.

 


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