All these years you have saved money to ensure a comfortable and financially independent life post retirement. But still it worries you to spend down your retirement fund as you are concerned about outliving the same. An Immediate Annuity plan provides you a secured alternate source of income so that you can live your life without having financial worries!
Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life!
You may avail of tax benefits under Section 80CCC of Income Tax Act, 1961. Income paid by the annuity is taxable in the hands of the customer. Taxes applicable are subject to change in tax laws. Please consult your tax advisor for details.
Terms and conditions
Insurance is the subject matter of solicitation. 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.
Kotak Lifetime Income Plan UIN: 107N047V02, Form No: N047, Ref. No.: KLI/13-14/E-WEB/314
Kotak Mahindra Old Mutual Life Insurance Ltd.
Reg No. 107
CIN : U66030MH2000PLC128503
2nd Floor, Plot # C- 12, G- Block, BKC,
Bandra (E), Mumbai - 400051
Toll Free: 1800 209 8800 (8 am to 10 pm)
For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.
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