Looking for a safe and secure way to invest your money? Check out the Kotak Assured Savings Plan! This plan is designed to help you save money and grow your investment over time. This blog post will show you how to buy the Kotak Assured Savings Plan online. So, what are you waiting for? Read on to find out more!
What is Kotak Assured Savings Plan?
Kotak Assured Savings Plan is a Non-Participating Endowment Assurance Savings Plan that offers you a fixed sum assured upon maturity, along with the added benefit of death coverage. This makes it an ideal investment option for those looking for stability and security in their investment portfolio.
It is a simple and convenient process to Invest in Kotak Assured Savings Plan. All you need to do is log on to Kotak Life Insurance and fill in the required details. Once you have completed the form, you will be asked to make the payment. After the payment is made, your policy will be issued instantly.
Steps to Buy Kotak Assured Savings Plan
Step 1: Visit the Kotak Life website
The first step to buying the Kotak Assured Savings Plan is to visit the Kotak Life Insurance website. You can do this by going to their website and clicking on the ‘Buy Online tab.
Step 2: Calculate your Insurance Amount
You can do this by using an insurance calculator, which will help you determine how much coverage you need. This will help you choose the right plan for your needs.
Step 3: Fill up Your Details
Once you’ve calculated your insurance amount, you must fill out all the details in the online application form. This includes your personal information, contact details, and other important policy particulars. If you’re unsure about anything, you can always consult with a Kotak Life customer service representative, who will be more than happy to guide you through the process.
Step 5: Based on these inputs, the insurance calculator will generate a quote
The Quote which Insurance company will give you is known as the insurance premium. The Kotak Assured Savings Plan offers guaranteed returns and gives you the flexibility to choose your investment tenure. You can opt for a minimum tenure of five years and enjoy tax benefits under Section 80C of the Income Tax Act, 1961.
Step 6: Choose the premium payment option
The last step is to choose the premium payment option. You can either pay the premium in lump sum or through monthly instalments. Once you have chosen the payment option, click on ‘Pay Now’. You will be redirected to a payment gateway through which you can pay the premium. After successful login, you will be taken to a page where you can review your transaction details and confirm the payment.
Once the payment is made, you will receive a confirmation email from Kotak Life with all your transaction details.
The Bottom Line
Kotak Assured Savings Plan is a great way to invest your money. It offers a guaranteed return on your investment. You can buy Kotak Assured Savings Plan online and get it through other channels such as banks or insurance companies. Investing in Kotak Assured Savings Plan is a good idea if you want a safe and secure investment option.
