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Inusrance>>Polices & Features>>Kotak Smart Advantage

Kotak Smart Advantage

Make every rupee work for your happiness

"In this policy, the investment risk in the investment portfolio is borne by the policyholder"

Advantages
	Guaranteed returns of up to 275% of your first year premium at maturity
	Assured bonus additions at regular intervals
	100%* allocation of your premiums from second year onwards.
	Unique fund offering you the maximum opportunity for growth.
	Option to maximise protection for your loved ones
*Applicable for premium sizes of Rs.36,000 and above annually from second year onwards.

Plan Snapshot

If you would like to choose a term of 30 years, given below are the various benefits for selected ages, at a basic sum assured of Rs. 600,000:


Age of the customer (in yrs.)		25	30	35	40
Annual Premium Paid (in Rs.)		40,000	40,000	40,000	40,000
Maturity / Death Benefit (at end of policy term):
at 6% investment return (in Rs.)		2,648,571	2,637,655	2,615,861	2,578,840
at 10% investment return (in Rs.)		5,327,985	5,311,214	5,273,415	5,208,513
Assured Addition Advantage (at end of policy term):
at 6% investment return	in Rs.	241,753	241,310	240,335	238,669
at 6% investment return	as% of first year premium	604%	603%	601%	597%
at 10% investment return	in Rs.	341,408	340,779	339,248	336,604
at 10% investment return	as% of first year premium	854%	852%	848%	842%

Please Note: For illustration purposes, the fund chosen is Dynamic Bond Fund.

Maturity Benefit

Fund Value and the fixed advantage benefit.

Death Benefit

Higher of: Basic Sum Assured or Fund Value Plus the Fixed Advantage benefit.

Tax Benefits

Tax Benefits under section 80 C and section 10 (10 D) of the Income Tax Act, 1961.**
**Tax Benefits are subject to change in tax laws. Please consult your tax advisor for details.

Disclaimer