Life insurance can serve as the foundation of a well-thought-out financial strategy. And if you're someone who wants to take an active role in reaching your financial objectives, you may be looking for a life insurance policy that provides more than just simple protection - one that gives you the potential to accumulate wealth that can help you achieve a variety of future financial goals. Kotak Assured Savings Plan may be just the Plan for you. This Plan not only provides affordable protection but also helps accumulate wealth for achieving future financial goals by giving guaranteed benefits.
|Entry Age||Min: 3 years
Max: 60 years
|Maturity Age||Min: 18 years
Max: 75 years
|Policy and Premium Payment Term (PPT)||
Max: No limit, subject to underwriting
|Premium Payment Option||Limited only|
|Minimum Basic Sum Assured||
Determined on the basis of minimum premium amount, entry age, policy term and PPT
For details, please refer to the premium calculator on our website.
|Premium Payment Mode||Yearly, Half yearly, Quarterly, Monthly|
|Modal Factor (% of annual premium)||Yearly - 100%, Half yearly - 51%, Quarterly - 26%, Monthly - 8.8%|
Additional Protection:If you feel the insurance cover is not adequate, you can increase it by attaching below mentioned optional Riders to your base plan:
- Kotak Term Benefit (KTB): In case of death of the life insured, rider sum assured will be paid in addition to the death benefit under the base plan.
- Kotak Life Guardian Benefit (LGB): In case of death of the policyholder (if different from Life Insured), outstanding premiums are waived and will be paid by Kotak Life Insurance.
- Kotak Accidental Disability Guardian Benefit (ADGB): In case of accidental disability, outstanding premiums are waived and will be paid by Kotak Life Insurance.
For more details on Riders and exclusions please refer to the Individual Rider Brochure before concluding the purchase.
You may also consider:Kotak Platinum
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