When a keel is attached to the hull, generally most manufacturers use 3M 5200 as a permanent sealant. For a proper seal, it is best once applied to allow the boat to sit for 5-7 days for curing of the 3M 5200. However clean the excess off. Some manufuactures will then either glass and/por epoxy over the seal for cosmetics.
If water is coming into the bilge and it is determined to be a bad seal, then of course you need to find where the water is coming from. In some cases the keel has to come off and be relaid