Financial planning is the key to a healthy financial life ahead. Choosing a plan that helps you successfully align your long-term financial plans can be fairly useful. Kotak Assured Savings Plan is one way to make that happen.

Kotak Assured Savings Plan allows you to gather sufficient wealth and strengthen your financial future. It promises guaranteed benefits for an affordable premium that you need to pay from time to time. There are also numerous additional riders available for you to choose from. A few of the options are Kotak Permanent Disability rider, Kotak Term benefit, etc.

Let us learn about the benefits of the Kotak Assured Savings Plan in detail for long-term financial planning. 

Why Invest In Kotak Assured Savings Plan?

  1. Guaranteed Maturity Benefits

The guaranteed bonuses alongside the sum insured are maturity benefits. Once you survive the policy tenure successfully, up to a certain limit discussed, you can receive the maturity benefit. There are many maturity benefits available to policyholders. So, speak to your insurance policy provider about the same.

  1. Higher Premium Commitment 

A longer premium commitment means you can enjoy more flexibility in terms of payment. But when you choose Kotak Assured Savings Plan, it comes with better benefits. Guaranteed Loyalty addition with an increase in Premium Payment Term (PPT) is just one of the benefits you can enjoy alongside good premium commitments. This implies that you can invest in this plan and be under less financial pressure.

  1. Increased Life Cover

When you invest in Kotak Assured Savings Plan, you can increase your life cover. You can also get guaranteed additions whenever you pay the premium payable at the time of maturity. 

  1. Better Monetary Value

The basic sum assured is higher with the benefit of high premiums. This helps you enjoy better value for money in the years to come.

What Are Other Key Features Of Kotak Assured Savings Plan?

  • You can receive guaranteed loyalty additions.
  • Better coverage via diverse rider options.
  • A flexible and easy premium payment term. The mode of payment is also fairly convenient. 
  • Guaranteed benefit at the time of maturity.
  • Delivers guaranteed yearly additions.
  • Enhanced monetary value via high premium benefit.
  • The tax benefit is also available.

Additional Details About Kotak Assured Savings Plan

If you want to invest in Kotak Assured Savings Plan, then the tenure period may range from 10 to 20 years. The minimum premium amount generally starts at ₹20,000. A grace period is also offered to policyholders for monthly premium payments. Thus, you can choose after knowing about all these details carefully.

End Note

Life is uncertain, but the value of money is bound to keep increasing. For this purpose, it is best to safeguard your financial future today so you can meet your financial goals in the future without any obligations. Start to invest in Kotak Assured Savings Plan now. 

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