Kotak Life Insurance offers a range ofUnit Linked Insurance Plans (ULIPs) that cater to various financial goals and risk appetites. ULIPs combine the benefitsof life insurance with market-linked investments, providing you with the potential to grow your wealth while securing your loved ones' future.
Returns as on 22-09-2026. The returns are the returns of best-performing fund in the plan
Disclaimer : ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s
insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.inRead MoreRead Less
Key Features of Kotak Life ULIP Plans
Different Ways to Invest:
Some plans include Self-Managed, Age-Based and Systematic Switching Strategy (SSS) alternatives to enable you to switch your investments based on market conditions, financial goals and risk appetite.
Protection-Oriented ULIP Plans:
Variants like Kotak T.U.L.I.P and Kotak T-ULIP Nxt are created for investors who wish to have more life cover coupled with market-linked wealth growth.
Additional Value from Plan Benefits:
Some variants also offer the return of premium allocation charges, return of mortality or life cover charges, yearly adds, survival units and loyalty additions.
Option Across Premium Structures:
The portfolio offers options across regular pay, limited pay and single premium plans which allows flexibility for customers to select as per their investing desire and premium commitment.
Fund Choices at Different Risk Levels:
Most plans provide equity funds, debt funds, balanced funds and money market funds to allow the policyholder to build a portfolio suiting diverse risk-returns.
More Protection with Riders:
Some specific plans come with riders that can boost your financial protection and help you cover other risks in unwanted situations.
Why Invest in India's Growth Story?
India’s life insurance sector is growing, as more investors look for solutions that support financial safety and long term savings. As per Insurance Regulatory and Development Authority of India (IRDAI) data, more than 2.9 crore new individual life insurance policies were issued in FY24. This shows the increased participation in long-term insurance and investment-linked solutions.
Unit Linked Insurance Plans (ULIPs) blend insurance coverage with capital market-linked returns. They offer the dual advantage of investment and insurance. In ULIPs, premiums are invested in diverse funds, and policyholders receive returns based on market performance.
ULIPs involve a risk element, distinguishing them from standard insurance plans. The sum assured is variable, influenced by market dynamics rather than a fixed amount, adding a market-driven dimension to the policy.
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How Much Historical Returns are Provided by the Plans?
Investment Scenario
Monthly Investment:
₹22,000
Investment Duration:
18 years
Exit Timeline:
At Policy Maturity
Product Category:
Market-Linked ULIP Plans
Scenario 1:
Returns @ 4%
Plan Name
Estimated Maturity Value
Assumed Return Rate
Kotak T.U.L.I.P
₹87.1 L
4%
Kotak T-ULIP Nxt
₹86.4 L
4%
Kotak e-Invest Plus
₹84.8 L
4%
Kotak Invest Maxima
₹83.2 L
4%
Kotak Wealth Optima Plan
₹81.5 L
4%
Kotak Platinum
₹80.6 L
4%
Kotak Single Invest Advantage
₹78.9 L
4%
Scenario 2:
Returns @ 8%
Plan Name
Estimated Maturity Value
Assumed Return Rate
Kotak T.U.L.I.P
₹1.60 Cr
8%
Kotak T-ULIP Nxt
₹1.57 Cr
8%
Kotak e-Invest Plus
₹1.53 Cr
8%
Kotak Invest Maxima
₹1.49 Cr
8%
Kotak Wealth Optima Plan
₹1.45 Cr
8%
Kotak Platinum
₹1.42 Cr
8%
Kotak Single Invest Advantage
₹1.39 Cr
8%
Note: Past performance is illustrative. Actual returns depend on market conditions, fund choice, and economic cycles. Historical returns do not guarantee future performance.
Benefits of Kotak Life ULIP Plans
Long-Term Wealth Creation:
Exposure to equity, debt, balanced, and money market funds creates opportunities for long-term corpus building aligned with future financial goals.
Life Cover with Investments:
The plans provide financial protection alongside market-linked investing, with select variants offering higher sum assured multiples for enhanced protection needs.
Additional Value from Plan Benefits:
Some variants of the plan include return of allocation charges, return of mortality or life cover charges, annual adds, survival units, loyalty additions and wealth boosters which may be beneficial in long term fund buildup.
Diverse Investment Approaches:
It provides a choice of investment options including self-managed, age-based and Systematic Switching Strategy (SSS) plans, to help you align your investments with changing market circumstances and financial goals.
Flexibility in Premium Structures:
Portfolio comprises normal, limited and single premium versions that provide users with choice to select plans as per their budget for premium and investment option.
Different Financial Goals Options:
The portfolio provides options for wealth creation, child planning, retirement-focused, higher protection, whole life and single premium ULIP for different life stages and priorities.
Extra Riders for Extra Protection:
Some plans have riders that can provide extra financial protection and coverage during unanticipated events.
List of Kotak Life ULIP Plans
Kotak Life provides ULIP variants for wealth growth, higher protection, retirement planning, child-centric goals, and single premium investing. The table below outlines the available plan options.
ULIP Plan
Entry Age
Maximum Maturity Age
Premium Payment Term (PPT)
Policy Term (PT)
Minimum Premium
Kotak Invest Maxima
3 years to 65 years
Up to 85 years
Regular Pay / Limited Pay / Single Pay
10 to 85 years
₹24,000 p.a. onwards
View plan
Kotak Single Invest Advantage
3 years to 65 years
Up to 85 years
Single Pay
10 or 15 years
₹2,00,000 (Single Premium)
View plan
Kotak Platinum
0 years (30 days) to 60 years
Up to 85 years
Regular Pay / Limited Pay
10 to 40 years
₹40,000 p.a. onwards
View plan
Kotak Wealth Optima Plan
3 years to 60 years
Whole Life Option available / Up to 99 years
Regular Pay / Limited Pay
10 years to Whole Life
₹30,000 p.a. onwards
View plan
Kotak T.U.L.I.P
18 years to 60 years
Up to 85 years
Limited Pay / Regular Pay
15 to 40 years
₹30,000 p.a. onwards
View plan
Kotak T-ULIP Nxt
18 years to 60 years
Up to 85 years
Limited Pay / Regular Pay
15 to 40 years
₹30,000 p.a. onwards
View plan
Kotak e-Invest Plus
0 years (30 days) to 55 years
Up to 99 years
Regular Pay / Limited Pay
10 years to age 99
₹24,000 p.a. onwards
View plan
Invest More Get More!
YOU GET
₹ 1 Crore *
YOU INVEST
₹ 10K/ month
YOU GET
₹ 80 Lakhs *
YOU INVEST
₹ 8K/ month
YOU GET
₹ 50 Lakhs *
YOU INVEST
₹ 5K/ month
Details of Kotak Life ULIP Plans
Below are the types of ULIP Plans sold by the company and their features and benefits.
Kotak Invest Maxima
Kotak Invest Maxima is a Unit Linked Insurance Plan designed for long term wealth growth through strategy-led investing, survivor benefits and flexible premium alternatives.
Key Features of Kotak Invest Maxima
Selection of Investment Strategies:
The plan provides a Self Managed Strategy and Systematic Switching Strategy (SSS) to match the investment to market circumstances and risk appetite.
Long Term Investing Survival Units:
As long as the policy is in force, survival units of up to 2% of fund value are added from the 10th policy year and every 5 years thereafter.
No Premium Allocation Charge:
The plan offers zero premium allocation charges, helping a larger portion of premiums remain invested.
Multiple Fund Options:
Policyholders may choose from equity, balanced, debt, and money market fund options based on investment goals and risk profile.
Flexible Premium Structures:
Available with regular pay, limited pay, and single premium options.
Additional Rider Options:
Rider benefits may be added for wider financial protection.
Kotak Single Invest Advantage
Kotak Single Invest Advantage is a single premium ULIP designed for individuals looking to invest a lump sum amount with life cover and loyalty additions.
Key Features of Kotak Single Invest Advantage
One-Time Investment Structure:
The plan follows a single premium format, eliminating the need for future premium payments.
Loyalty Additions:
Additional fund value is credited every 5 years starting from the 10th policy year, subject to policy continuation.
Choice of 3 Investment Strategies:
Includes Self-Managed Strategy, Age-Based Strategy, and Systematic Switching Strategy (SSS).
Fund Options Across Risk Profiles:
Investments may be allocated across equity, debt, and money market funds based on financial goals and risk appetite.
Liquidity Through Partial Withdrawals:
Eligible withdrawals may be made after the lock-in period.
Life Cover with Wealth Creation:
Provides market-linked investing alongside life insurance protection.
Kotak Platinum
Kotak Platinum is a Unit Linked Insurance Plan that helps with long term wealth growth, with low premiums, flexible investment options and survivor benefits.
Key Features of Kotak Platinum
Low Charge Structure:
The plan offers 95% to 98.5% premium allocation, helping maximise invested premiums.
Three Investment Strategies:
Policyholders may choose between Self-Managed Strategy, Age-Based Strategy, and Systematic Switching Strategy (SSS).
Survival Units:
Long-term investors may receive survival units to support fund growth over time.
Flexible Policy and Premium Terms:
The plan allows flexibility across policy tenure and premium payment options.
Partial Withdrawal Facility:
Eligible withdrawals are available after the lock-in period.
Rider Options:
Additional rider benefits may be selected to strengthen protection.
Kotak Wealth Optima Plan
Kotak Wealth Optima Plan is a Unit Linked Insurance Plan for long term wealth accumulation along with options of life cover, yearly additions, wealth boosters and entire life cover.
Key Features of Kotak Wealth Optima Plan
Whole Life Coverage Option:
This plan allows you to stay insured until you turn 99, which helps you with long-term financial planning.
Annual Additions & Wealth Boosters:
Some additions are credited after the lock-in period, to help long term fund growth, more or less.
2 Investment Strategy Options:
Policyholders can select the Self Managed Strategy or the Age Based Strategy in accordance with their risk appetite and investment horizon.
Multiple Fund Alternatives:
Investments can be made in equities, debt, balanced and money market fund alternatives depending on different risk profiles.
Flexible Premium Payment Terms:
Choose between regular pay and limited pay as per your budget.
Additional Rider Benefits:
Rider options may be selected to strengthen financial protection.
Kotak T.U.L.I.P
Kotak T.U.L.I.P (Term with Unit Linked Insurance Plan) is a ULIP which gives you stronger life cover and a longer term way of building market linked assets with a clear, protection leaning focus.
Key Features of Kotak T.U.L.I.P
Enhanced Life Cover Choices:
Increased multiples of amount assured to meet higher protection requirements.
Return of Premium Charges:
2X return of premium allocation charges and up to 3X return of mortality charges on survival from 10th policy year onwards, subject to policy circumstances.
Loyalty Additions:
Additional value for the fund to encourage insurance to be kept long time.
Investment Strategy Options:
Provides Self-Managed Strategy and Age-Based Strategy to provide for flexibility in the portfolio.
Flexible Premium Payment Options:
Available with limited pay and regular pay structures.
Rider Options:
Additional riders may be added for wider protection coverage.
Kotak T-ULIP Nxt
Kotak T-ULIP Nxt is a protection-leaning ULIP, made for life coverage with market-linked investing, plus loyalty add-ons too, and it also does a return of charges, in a way that feels both secure and market-linked returns.
Key Features of Kotak T-ULIP Nxt
Wealth Creation Protection:
A plan providing life insurance cover with long term market linked investing.
Return of Charges:
You can get a 1X return of the premium allocation charges, starting from the 15th policy year onwards, and a 1X to 2X return of the mortality charges when you are surviving, though only subject to the plan conditions.
Loyalty Additions:
Get extra units for being a long term investment and continuing a policy.
Choice of Investment Strategies:
Policyholders can choose between a Self-Managed Strategy and an Age-Based Strategy.
Flexible Premium Payment:
It offers limited pay and regular pay alternatives.
Additional Rider Benefits:
You may add additional benefits for added financial security.
Kotak e-Invest Plus
Kotak e-Invest Plus is a Unit Linked Insurance Plan for asset growth, child planning, retirement planning and long term financial security with numerous plan options.
Key Features of Kotak e-Invest Plus
Three Plan Options:
The policyholders can choose from Maximizer, Rising Star or Retire Rich plan, depending on their financial goals.
100% Premium Allocation:
The policy provides 100% allocation of the premiums, which helps in increasing the investment value.
Yearly Additions:
From the 6th policy year onwards, yearly additions will be credited to help build up the long term corpus.
Life Cover Charges:
Reinstatement of life cover charges of 25% to 200%, depending on plan type and policy conditions, may be applied back to fund value.
Child and Retirement Planning Features:
Retirement Rich provides coverage until age 99 with the freedom to draw retirement income, while Rising Star provides insurance continuation and income support for children.
Choosing an Investment Strategy:
Depending on investing desire and portfolio flexibility, there are two investment methods to choose from.
Why Buy Kotak Life ULIP Plans from Policybazaar?
Over 9 lakh customers have invested ₹12,400 Cr through Policybazaar
No hidden charges. All costs and returns are clearly disclosed
Certified advisors provide unbiased guidance based on your needs
IRDAI-regulated, ensuring advice is in the customer’s interest
Kotak Life has a range of ULIPs to match different goals, including Kotak Invest Maxima and Kotak Platinum for wealth building, Kotak T.U.L.I.P and Kotak T-ULIP Nxt for higher protection, Kotak Wealth Optima Plan for whole life coverage, Kotak Single Invest Advantage for single premium investing, and Kotak e-Invest Plus for child and retirement planning.
What investment strategies can I choose in Kotak Life ULIP plans?
Most Kotak Life ULIPs offer a choice between a Self-Managed Strategy, an Age-Based Strategy, and a Systematic Switching Strategy (SSS), so you can manage your fund allocation yourself or let it adjust automatically with market conditions or your age.
What is the policy renewal process for Kotak Life ULIP plans?
If you are a registered user, you can pay online in 3 easy steps:
Step 1: Logging into the e-Portal with your policy details to check the Kotak Life Investment Plan status.
Step 2: Select the policy and payment option- Net Banking. Debit/Credit Card
Step 3: Pay via the secured gateway and print/save the receipt of payment.
In the offline mode, you deposit cash/cheque at the nearest branch.
What is the company’s process to settle claims for Kotak Life ULIP plans?
The nominee can visit the branch personally with the policy document and the accidental/death certificate. The nominee must fill out a claim intimation form and then the company will provide a reference number to him. Usually within 30 days the accidental/death claim without investigation cases is cleared.
What are the key benefits of Kotak Life ULIP plans?
Depending on the plan chosen, Kotak Life ULIPs offer benefits like zero premium allocation charges (Kotak Invest Maxima), 100% premium allocation (Kotak e-Invest Plus), return of premium allocation and mortality charges (Kotak T.U.L.I.P and Kotak T-ULIP Nxt), survival units, loyalty additions, and whole life cover up to age 99 (Kotak Wealth Optima Plan).
What is the policy cancellation process for Kotak Life ULIP plans?
Submit your policy documents along with duly filled surrender form at the service desk in any of the branches. Upon successful proceedings, the refund will be credited directly into your bank account and the policy stands cancelled. The company claims to settle it within 7 working days.
"Policy has all benefits and the investments are also low. Around Rs.31 L is payback amount. Kotak mahindra life insurance provide me traditional plan which has good facilities and the service is very quick. The up gradation details in policy is mailed to me time to time. The behaviour and service provided by the executive and staff members is very nice."
NM
Nirmal
Nizamabad, January 16, 2025
Fair Plan
"I own kotak life traditional plan. Plan is good and premium is low. Policy coverage is high and payback returns too. Claiming amount is Rs.34 L. Service is fast like super sonic. The daily updates are mailed to me time to time. The behaviour of the executives and staff members are really very nice.
"
MK
Mayank
Shahabad, January 16, 2025
Satisfied
"Buy kotak life traditional plans. The policy coverage is ~93%. Services provided by executives is awesome. Claims are good and done without any interruption. Overall fine life insurance which have low premiums. Nice future investment and it saves taxes also."
DP
Dinesh
Haldwani, January 16, 2025
Very Nice
"Kotak life traditional plan which have 91% policy coverage and the claims are easy to get because of fast services provided by the executives and staff members. The daily updates are texted and mailed time to time to may email id and cell phone. Good job team."
BM
Bhavna
Rajkot, January 16, 2025
Best Plan
"I have the best traditional plan from kotak mahindra life insurance. The benefits are many with low premiums. Policy coverage is 90%. Claims approx. Rs.35 L with easy procedure to get it. Good future investment which save taxes. Good behaviour of executives and staff members."
CR
Chatanya
Nainital, January 16, 2025
Damn Good
"Superb policy i have kotak life traditional insurance plan. The returns are good ~Rs.38 L in very low premiums ~Rs.11 K quarterly. Service is fast which facilitate by executives and all company members with nice behaviour and quick response. Good future investments with tax saving."
YK
Yajan
Ooty, January 16, 2025
Fair Policy
"I have traditional policy plan from kotak mahindra life insurance. The policy provides good coverage with low premiums. Claims are around Rs.32 L. Service always on time. The executives and staff members are facilitate great services. Satisfactory."
VK
Vinay
Laxmipur, January 16, 2025
Fantastic Plan
"I bought kotak life traditional plan. Policy coverage is 88% and the premium is low. Claims are ~Rs.36 L. Service is quick and even the web services are also nice and the behaviour of the staff is perfect even after buying policy. Nice future investment with tax saving."
KK
Kiran
Udyapur, January 16, 2025
Marvelous Policy
"The policy i have is kotak life traditional plan which is very good and the premiums are low with high in policy coverage 91%. The claiming part is very easy because the service is very fast with good response from the staff members. Nice future investment with tax savings. I like the policy plan."
TK
Tanishk
Bisalpur, January 16, 2025
Great Deal
"My traditional policy plan is with kotak mahindra life insurance. The policy is great with maximum benefits. The policy coverage is high ~89%. The investment is low approx. Rs.11 K quarterly per year. The claims are good and easily cleared without waiting. Payback amount is nice ~rs.40 L."
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
