Kotak Fortune Maximiser

A Participating Non-Linked Life Insurance Individual Savings Product

When it comes about your dreams and aspirations, there shouldn’t be any compromise. To realize your dreams, you ensure your money is invested in a disciplined manner which gives higher return towards building a corpus to meet your important milestones.

Kotak Fortune Maximiser is a Participating Non-Linked Life Insurance Individual Savings Plan that can be customised to help you achieve your life goals through multiple plan, payout & rider options. Your dreams are important and deserves to be fulfilled, therefore, life mein sirf #BadaSocho.

Key Features

Multiple Plan Options: Flexibility to choose from 3 Plan Options to fulfill your goal:
- Life Goal Maximiser
- Bright Future Maximiser
- Golden Years Maximiser

Multiple Bonus Payout Options: Flexibility to choose from 3 Bonus Payout Options as per your convenience:
- Cash Bonus (Immediate Payout)
- Cash Bonus (Deferred Payout)*
- Paid-Up Additions

Long Life Cover: Secure your life & provide financial protection to your loved ones till 85 years.
Multiple Riders: Comprehensive coverage for yourself & loved ones through 6 Riders.
Enhanced Sum Assured for Female Life: Avail High Sum Assured with the same premium for Female Life.

*Cash Bonus (Deferred Payout) is not applicable for Bright Future Maximiser and Golden Years Maximiser

How does the plan work?

Eligibility

Entry Age of Life Insured (as on last birthday)	Min: 0 years (90 days)	Max: 50 years – 6 & 15 pay 55 years – 8 / 10 & 12 pay
Maturity Age of Life Insured (as on last birthday)	85 years for Primary Life Insured
Policy Term	85 years less Entry Age of Life Insured
Basic Sum Assured	Basic Sum Assured shall depend upon the Age, Gender, Policy Term, Premium Payment Term, Premium Amount & Bonus Payout Options chosen. Basic Sum Assured is the Guaranteed Maturity Benefit to be payable on death or maturity.
Premium Levels (Annual)	Min: 6 & 8 Pay: ₹48,000 10 /12 & 15 Pay: ₹36,000	Max: No Limits, subject to Board Approved Underwriting Policy
Premium Payment Term	6 /8 / 10 / 12 & 15 years
Premium Payment Mode	Yearly, Half yearly, Quarterly and Monthly
Premium Modal Factor	Yearly – 100% \| Half yearly – 51% \| Quarterly – 26% \| Monthly – 8.8%

Additional Protection with optional Riders

Kotak Term Benefit Rider - Allows additional death cover on the life of Primary Life Insured over and above the base plan’s Death Benefit.
Kotak Accidental Death Benefit Rider - Lump sum benefit paid on accidental death of the Primary Life Insured in addition to Death Benefit under the base plan.
Kotak Permanent Disability Benefit Rider - Instalments paid on admission of a claim on Primary Life Insured becoming disabled due to accident.
Kotak Life Guardian Benefit Rider - On death of Policyholder, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits.
Kotak Accidental Disability Guardian Benefit Rider - On accidental disability of Policyholder, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits.
Kotak Critical Illness Plus Benefit Rider - Rider Sum Assured shall be payable on admission of a claim on any one of the 37 covered critical illness, with respect to Primary Life Insured, subject to terms and conditions, definitions and specific exclusions.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Kotak Fortune Maximiser, UIN: 107N125V03; Kotak Term Benefit Rider UIN: 107B003V03; Kotak Accidental Death Benefit Rider UIN: 107B001V04; Kotak Permanent Disability Benefit Rider UIN: 107B002V03; Kotak Life Guardian Benefit UIN: 107B012V02; Kotak Accidental Disability Guardian Benefit UIN: 107B011V02; Kotak Critical Illness Plus Benefit Rider UIN: 107B020V02.

This is a Participating Non-Linked Life Insurance Individual Savings Product. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure. You may avail of tax benefits as specified under the Income Tax Act, 1961. Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Goods and Services Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.

^The premium figure is exclusive of Goods and Services Tax and Cess, as applicable. Goods and Services Tax and Cess thereon, shall be charged as per the prevalent tax laws over and above the said premiums. The guaranteed and non-guaranteed benefits are applicable only if all due premiums are paid. ^#The assumed non-guaranteed rates of return chosen in the illustration are 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. The actual experience may be different from the illustrated. Please note that Bonuses are NOT guaranteed and may be as declared by the Company from time to time. The risk factors of the bonuses projected under the product are not guaranteed. Past performance doesn't construe any indication of future bonuses. These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.

This website content only gives the salient features of the plan.

Kotak Mahindra Bank Ltd. is a corporate agent of Kotak Mahindra Life Insurance Company Limited with Corporate Agency License No: CA0250. Regd. Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. The plan is offered and underwritten by Kotak Mahindra Life Insurance Company Limited.

Participation by Kotak Mahindra Bank Ltd.’s customers to buy insurance policy is purely voluntary and there is no direct or indirect linkage between the provision of banking services offered by Kotak Mahindra Bank Ltd. to its customers and products/services offered by Kotak Mahindra Life Insurance Company Ltd. Insurance products/services are obligations of Kotak Mahindra Life Insurance Company Ltd and are not guaranteed by Kotak Mahindra Bank Ltd. Kotak Mahindra Life Insurance Company Ltd. shall be liable or responsible for all matters arising out of or pertaining to the insurance products/ services offered by it.

Kotak Mahindra Life Insurance Company Ltd. Regn. No.: 107, CIN: U66030MH2000PLC128503, Regd. Office: 8^th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400 051. Website: www.kotaklife.com | WhatsApp: 9321003007 | Toll Free No. – 1800 209 8800 | Ref. No.: KLI/24-25/E-WEB/2116.

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.

Kotak Fortune Maximiser

Key Features

How does the plan work?

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Eligibility

Additional Protection with optional Riders