Kotak Smart Advantage Plan:

We should follow the example of the ants and work hard today so that we can save the fruits of our labor for a rainy day.  This plan works on the same theme.  What you work hard and invest today, you can reap with more profitable gains in the future when you really need it.

We will have a lot of commitments in the future to save for, like children’s higher education, marriage, setting them up in business, etc.  So, what we invest today can be used for these purposes tomorrow.

This is a regular systematic long term savings plan and it helps you to multiply your investments.

The benefits you can obtain by buying a Kotak Smart Advantage Plan,
This is a long term savings plan and you can obtain guaranteed returns from it time to time.  An assured addition advantage by the policy is possible after the first year. 

This will boost your fund value and this is provided at regular installments during the policy term.  By the time you have completed the full policy term you would have amassed a large amount of savings.

The Assured addition advantage has two types of benefits the fixed advantage and the Dynamic advantage.  The Fixed advantage, gives you will an assured value at the end of the policy payment term.

The Dynamic advantage gets bonuses that are added to your fund value at the end of every tenth, fifteenth, twentieth, twenty fifth, or thirtieth policy year.

This plan has three fund options and they are the Opportunities Fund, Dynamic Floor Fund and Dynamic Bond Fund.  If your death takes place during the policy term, your nominee is eligible to get the sum assured or the fund value as well as the Fixed Advantage Benefit, whichever is higher.  

This is a plan tailor made for those who are interested in amassing wealth to be used in the future and thus securing not only themselves from financial hiccups but also their family from any financial obligations in their absence.