Now you can buy life insurance plans completely online right here.
Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.
The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.
Kotak e-Invest is a comprehensive Unit Linked Life Insurance Plan that can be customized as per your goals and needs - be it protection; investment; financial security for child or retirement planning.
Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!
Our representative will get in touch with you at the earliest.
A Non-linked, Non-participating, Life Insurance Annuity Plan
Retirement years are the golden years of life where you would wish to do things that you have only been planning till now or are deferring by giving them lesser priority. It’s a phase where you would want to enjoy doing what you wish without worrying about finances.
Kotak Assured Pension is an annuity plan that promises to pay a regular stream of income on immediate basis or post deferment period for life, ensuring a worry-free retirement.
The plan will be offered to Individual Customers (Including customers transferring UK tax relieved assets through Qualifying Recognised Overseas Pension Scheme i.e. QROPS),Reverse Mortgage Schemes.
Step 1
Choose between Immediate/Deferred Annuity basis your requirement
Step 2
Choose the Annuity Option as per your requirement
Step 3
In case of Deferred Annuity, choose Deferment Period
Step 4
Choose the Annuity Payout Frequency
Step 5
Provide your Age and Pay the Initial Purchase Price
| Primary & Secondary Annuitant Minimum | |||
|---|---|---|---|
| Entry Age | Immediate Annuity Options | Deferred Annuity Options | |
| New / Existing Individual Customers | 45 years | 45 years | |
| Policy purchased as QROPS | 55 years | 55 years – Deferment Period (in years) | |
| Existing Individual KLI Pension Plan Policyholders | 18 years | 18 years | |
| Maximum | |||
| Annuity Options | Maximum Age at Entry | ||
| All Immediate Annuity Options except Option 6b | 85 years | ||
| Immediate Annuity Option 6b | 80 years | ||
| Deferred Annuity Options (Option 7 & 10) | 70 years | ||
Min: 0 years; Max: 99 years (70 years for Deferred Annuity Option 7 & 10)
For nominees of existing pension policyholders,
• “Lifetime Income with Cash-Back on Death or Critical Illness” shall not be
allowed if the Nominee is less than 18 years or is above 80 years
• Joint Life Annuity Options shall not be allowed if the Nominee is less than 18
years
Min: Any amount that ensures minimum monthly annuity of ₹1000 for the chosen annuity option to an annuitant /member of the superannuation scheme
Max: No Limit.
Monthly : ₹1,000 || Quarterly : ₹3,000
Half-Yearly : ₹6,000 || Yearly : ₹12,000
Yearly, Half-yearly, Quarterly, Monthly
Annuity Installment(per frequency)
| Mode | Annuity Installment (per frequency) |
|---|---|
| Yearly | 100% of Yearly Annuity |
| Half-yearly | 97% of Yearly Annuity x 1/2 |
| Quly | 96% of Yearly Annuity x 1/4 |
| Monthly | 95% of Yearly Annuity x 1/12 |
Download the brochure to know more about the plan and how it can benefit you.
Send a "Hi" to 93210 03007, from your registered mobile number.
Call our toll free number and our representative will help you buy the most suitable plan.
Tax Benefits & Disclaimers
You may avail of tax benefits as defined under the Income Tax Act, 1961 subject to conditions as specified in those sections. Payment of Annuities, Surrender Value (if any), Benefit Payout due to Death or due to Critical Illness may be subject to taxes as per the prevailing tax laws on the date of payment and as per the Annuitant’s / Nominee / Legal Heir’s taxable income slabs. Tax benefits are subject to change as per tax laws. Customer is advised to take an independent view from tax consultant. @Guaranteed if the policy is in force and all premiums are paid in full.
Terms & Conditions:
Kotak Assured Pension UIN: 107N123V02, Form No: N123. This is a non-linked, non-participating annuity plan.This website content only gives the salient features of the plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. Ref. No.: KLI/21-22/E-WEB/645 Kotak Mahindra Life Insurance Company Ltd. Regn. No.:107, CIN: U66030MH2000PLC128503; Regd. Office: 2nd Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai – 400051 | Website:https://www.kotaklife.com | WhatsApp: 9321003007 | Toll Free No: 1800-209-8800
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.
Kotak Premier Pension Plan helps you accumulate enough wealth for your retirement, while you are earning sufficiently and also offers assured benefits on death and vesting.
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A single premium non-linked and nonparticipating individual immediate annuity plan that gives you the assurance of regular stream of income throughout your lifetime.
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