IN line with IRDA's new charge structure for ULIPs, Kotak Life has launched a ULIP, which offers guaranteed maturity addition of up to 280% of your first year premium. The fixed return of the first year premium ranges from 110% for 10-year policy to 280% on a 30-year policy. The Kotak Super Advantage, which has replaced its earlier ULIP plan called Kotak Smart Advantage, claims 100% allocation of your premiums from the second year onwards. Besides, the ULIP offers assured bonus addition to enhance your fund value at maturity, the life insurer said in a statement. This benefit is calculated as 3% of the average Fund Value of the last three policy years. This ULIP offers five fund options to customers on the basis of their risk appetite.
Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds `HOW green was my valley'. This title comes from a movie I had watched many years ago. A little boy's journey into adulthood and the story of a Welsh valley's turn of-the-century descent from pristine paradise to despoiled coal mining. I thought of the title because it is comparatively reflective of a person's life the glorious years when he is earning and the sun down years when he is not having his regular job and, hence, his living standards comes down. The reason is a combination of things. Inflation of food items, transport, increase in health related costs in the later years of life and increase in expenses in almost all basic amenities of life. In India, the social security system is almost non-existent. In some states, wherever it is available, the scales of benefits are extremely modest...
