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HDFC LIFE CHILDREN FUTURE PLANNING
 
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KOTAK LIFE CHILDREN FUTURE PLANNING
 
SBI LIFE CHILDREN FUTURE PLANNING
 
  KOTAK LIFE
 
SCHEMES
INVESTMENT OBJECTIVES
 

Kotak Child Advantage Plan

On Maturity, you would receive the sum assured plus the bonus addition. Bonus addition is the amount in the Accumulation Account*, in excess of the sum assured.
 
The balance available in the Accumulation Account is invested in various financial instruments (as per IRDA regulations) so your money works hard to earn more for your child.
 
The Automatic Cover Maintenance facility ensures the policy remains in force even if you miss premium payments. This facility is available after the first three years of the Term.
 
You can take a loan against this plan, after the policy has been in force for at least three years.
 
You have the option of paying premiums quarterly, half yearly or yearly.
 
You have the benefit of a 15 day free look period.
 
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