Savings Plans by Kotak Life Insurance

is one of the leading financial institutions of the country. The company provides several insurance products to customers. These include commercial banking, stock broking, insurance products and investment banking. Savings and investment plans by Kotak Mahindra are great financial tools to help you save systematically and earn good financial returns.

are available in numerous variants. There are plans for people in a specific age-group, for people looking to quickly grow their sum and also for people who are looking for death benefit on their savings plan.

Types of Kotak Life Insurance Savings and Investment Plans

Here is a list of all savings and investment plans available from Kotak Mahindra.

Kotak Sampoorn Bima Micro-Insurance Plan

This is a single premium plan with guaranteed maturity benefit. This has a fixed term of 5 years and is basically meant for the low-income group. A fixed maturity amount of Rs.5000 is made to the beneficiary in case of death of the insured.

  • Single small premium
  • Guaranteed maturity or death payout
  • No medical tests required

Kotak Assured Income Accelerator

This is a non-participating plan that ensures guaranteed money-back during the payout period.

  • Guaranteed yearly income
  • Income boosters available
  • Assured death benefit
  • Tax benefit on premiums paid

Kotak Gramin Bima Yojana

Kotal Gramin Bima Yojana is a single premium plan with guaranteed payout on maturity or on death of the insured person. The plan is basically aimed at the rural sector.

  • Guaranteed maturity or death payout
  • No medical tests required

Kotak Premier Moneyback Plan

This is a participating moneyback plan which guarantees regular payouts as well as enhanced cover in case of accidental death.

  • Regular interval payouts throughout policy term
  • Lump-sum payout on maturity
  • Earn bonus from first year
  • Optional riders

Kotak Classic Endowment Plan

The Classic Endowment plan is a participating endowment plan that offers protection up to the age of 75 years. Also, this plan lets you earn yearly bonus from first year of policy.

  • Protection up to 75 years of age
  • Yearly bonus from first policy year
  • Term options to choose from
  • Optional riders to enhance protection

Kotak Assured Savings Plan

This is a traditional savings cum protection plan that offers guaranteed maturity benefit.

  • Guaranteed maturity benefit
  • Guaranteed yearly additions each year a premium is paid

Kotak Assured Income Plan

A non-participating endowment plan that earns assured annual income for 15 years. Enjoy additional protection on availing riders.

  • Assured income for 15 years
  • Avail protection for 30 years
  • Enjoy protection as well as lump-sum amount on maturity

Kotak Platinum

This is a good plan for those who want to diversify their investment portfolio. The plan is a .

  • Avail maximum benefits by paying minimum charges
  • Choice of a variety of funds
  • Assured death benefit

Kotak Single Invest Advantage

This plan from Kotak is aimed at individuals looking for one-time investment.

  • Customized fund portfolio for customers
  • One-time investment
  • Loyalty bonus can be earned on staying invested

Kotak Ace Investment Plan

A unit-linked insurance plan with a variety of fund options to select from.

  • Switching between funds is allowed

Kotak Wealth Insurance

Unit-linked plan with life insurance. An apt balance of protection and investment.

  • Enhanced triple protection for your family
  • Invest in a fund of your choice

Kotak Invest Maxima

A systematic strategy for those who want to earn and stay protected. This is a unit-linked plan.

  • Dual benefits of savings and insurance
  • Enhance your savings via survival units

Kotak Premier Endowment Plan

This is a participating endowment plan which gives guaranteed additions. Ideal for people looking for savings along with protection.

  • Guaranteed additions in the first 5 years
  • Bonus accrues from the 6th year of policy
  • Premium payment term can be chosen
  • Optional riders available

Example: Amit is a software engineer who earns a regular income of Rs.80,000 per month and aims to use his money in a way that he can grow it as well as get protection for his family (wife and two kids). The Kotak Premier Endowment Plan lets him do exactly that and offers flexibility in terms of premium amount as well as rider options. The plan offers him guaranteed additions of 5% p.a. which helps him grow his money while paying the entire sum in the event of death or on maturity. For enhanced protection, Amit can choose out of 7 available riders. Also, tax benefit under section 80C ensures that he gets to save income tax too.

Why Kotak Life Insurance Savings and Investment Plans?

Kotak Mahindra savings and investment plans are great financial instruments to help you achieve your dreams and aspirations. These plans are ideal to help you grow your cash as well get protection against any unforeseen circumstances. Various riders, optional unit-link and choice of annuity options make these plans flexible and customer-friendly. These riders can be availed as per individual requests of customers.


Avail tax benefits with the Kotak savings and investment plans under section 80C of the Income Tax Act 1961.

Other Kotak Life Insurance Plans

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