In today’s times, even a secure job can’t give you an assurance of guaranteed income for 20 long years. But, having that assurance can go a long way to give you complete peace of mind.
Secure your future as well as that of your loved ones with Kotak Assured Income Plan, an investment and savings plan that offers an assured yearly income for 20 years, plus a lump sum payout upon maturity. Above all, you’ll receive comprehensive life insurance coverage throughout the policy period.
You could also be approaching retirement or would want to provide for your elderly parents. This plan can be extremely helpful in giving you and your loved ones your desired quality of life.
Guaranteed second income for 20 years
Enjoy a constant stream of payouts from the 11th policy year onwards, for a total of 20 years.
Additional lump sum benefit
In addition to guaranteeing you a regular stream of income for 20 years, Kotak Assured Income Plan provides you a lump sum cash payout equal to 110% to 104% of the life cover amount (basic sum assured) on maturity depending upon life assureds’ age. Now, the long-awaited family vacation or the new home you’ve always wanted to own might just become a reality.
Protection for your family even beyond the premium payment term
While you pay your premiums for 15 years, you will receive a life cover for 30 years, ensuring your family stays protected for a longer time.
You may also consider:Kotak Money Back Plan
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