Kotak Mahindra Child Plan Review
Kotak Mahindra Child Plan is best insurance plan offered by Kotak Life Insurance Co Ltd. In India, the rising cost of education is bothering the parents. To Protect your children’s future and to Support them in achieving their dreams, Kotak Life Insurance is presenting Kotak Headstart Child Assure Plan. Kotak Mahindra Child Plan ensures that your child will receive the Guaranteed Benefits at key milestones, even in your absence. There is no best gift for your child than the promise of a secure future with Headstart Child Assure Plan. Headstart Child Assure Plan from Kotak Life encompass child insurance plans and education policies. Kotak Mahindra Child Plan provides the financial support for the child’s future if the parents meet with an unexpected event. The Insured can pay Headstart Child Assure Plan premium by using Kotak Life insurance online payment. The Policyholder can calculate premium by using Kotak Premium Calculator.
Why do we need to buy Kotak Mahindra Child Plan?
Kotak Mahindra Child plan allows you to invest in building an entity for your children’s education expenses and at the same time protect their dreams from unexpected events, such as the death of a parent. Kotak Headstart Child Assure is a unit-linked insurance plan (ULIP) offered by Kotak Life. By considering the rising cost of education, fulfilling your children’s aspirations can get harder along with the time. The hopes of realizing their dreams could shatter, in the event of a parent’s death. As a caring parent, you always want your child to get the very best. Kotak Mahindra Child Plan is accommodating as you are for your child.
Kotak Headstart Child Assure Policy Details
Kotak Mahindra Child Plan is the best policies with a vast range of benefits for you and your Children. The Key Features and Benefits offered by Kotak Headstart Child Assure plan are mentioned below. Kotak Life Insurance offers customized Child plan – Headstart Child Assure that can enclose almost any Child’s future need that you might have.
Kotak Mahindra Child Plan Benefits
- Death Benefit: Death benefit will be payable, but you have paid all your premiums up to date. The Sum Assured and the Fund Value is immediately paid to the nominee subject to a minimum of 105% of all premiums paid till death.
- Maturity Benefit: At maturity you can take the full Fund Value to reach the financial needs of your child. By choosing Kotak Settlement Option, you can select to receive the maturity proceeds partly in cash and the balance by way of installments, for up 7 to 5 years after maturity.
- Tax Benefit: You can get tax benefits on Kotak Mahindra Child Plan for premiums paid under section 80C and Sec 10(10D) of Income Tax Act 1961 for the death benefit received by the insured family members. For information about Tax on Insurance Polices refer www.taxqueries.in.
Kotak Headstart Child Assure Plan Key Features
- Receive a planned corpus at maturity.
- Secure the well-being of your family through triple protection.
- Life cover amount immediately to compensate for the immediate loss of income to your Beneficiary.
- All future premiums of this insurance policy will be waived and fully paid.
- Your Beneficiary will receive the fund value of the policy at maturity, and the policy will continue till the maturity period.
- Build the maturity amount as per your risk-return preference.
- Flexible premium payment period.
- 5 – year premium payment period for a policy term of 10 years.
- 10 – year premium payment period for policy terms of 15 to 25 years.
- Grace Period: Grace Period of 30 days from the due date for payment of premium.
- Flexible withdrawals.
Kotak Mahindra Child Plan Eligibility Criteria
The buyers who are willing to buy Kotak Headstart Child Assure policy should know the eligibility criteria. These details are very useful to know the entry age, coverage term, Monthly Income and other features of Kotak Mahindra Child Plan. The following table provides brief details regarding the Kotak Headstart Child Assure Plan.
Kotak Mahindra Child Plan At a Glance
|Entry Age Of Child||
|Premium Payment Mode||
|Premium Payment Term||
|Minimum Basic Sum Assured||
|Maximum Basic Sum Assured||
For more details regarding Kotak Mahindra Child Plan, Refer the Kotak Headstart Child Assure Policy Brochure available below.
Kotak Headstart Child Assure Plan Related Documents
Download Kotak Mahindra Child Plan Policy Brochure, Kotak Mahindra Child Plan policy document and Proposal Form here.
Kotak Mahindra Child Plan Policy Brochure
Kotak Headstart Child Assure Policy Documents
Kotak Life Insurance Contact Details
For any queries regarding all your policy related requirements, call to the Kotak Mahindra life Insurance Customer care. (Or) Visit the nearest branch of Kotak Life Insurance Branch.
Customer Care Number: 1800 209 8800.
Call to: 91 22 6599 3626.
Fax: 91 22 6672 6254.
The official website of Kotak Life Insurance is insurance.kotak.com.
Kotak Life Insurance mail id is firstname.lastname@example.org.
Kotak Mahindra Child Plan Related posts
Here, we are providing the related posts of the Kotak Life Insurance. Click the below links, if you want to know the details about the Kotak Life Child Insurance Login, Kotak Mahindra Child Plan Online Payment, Kota Life Child Plan Policy Status and Kotak Headstart Child Assure Plan forms& Documents, and Kotak Life Insurance Recruitment.