Kotak Capital Multiplier Plan

Recommendations :No

Name of the policy :
Kotak Capital Multiplier Plan

A brief desciption :

Kotak Capital Multiplier Plan is a traditional endowment plan specifically designed to cater to your retirement needs. The brochure is highly opaque. Just look that for 13K of annual premium your sum assured is just Rs.4 lakh which is a peanut size in comparison to the cover offered by term insurance plans. For term insurance plans you will get 50-75 lakhs cover for the same amount of premium.

Started date :3/12/2002
Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Returns expected :Less than Fixed Deposit
Entry age :8-60 Years
Surrender :Guaranteed Surrender Value = 30% of basic premiums paid - 1st year's premium and additional premium paid (if any).
Minimum amount :Min- 10,000 Max- No limit

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Table of Contents

Table of Contents