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Planning for Retirement

Planning for Retirement

We all have certain dreams from the second innings of our life. We envision it as a life where we have the freedom to do whatever we want and the hope to catch up on all the desires which we could not fulfill in the regular course of our life.

But this retirement party can be sent for a toss if the retirement is not planned well. The cost of living keeps on rising along with our standards of living. We would live longer due to advancement in medical sciences resulting in a longer retired life without a source of income.

But if you still have time at your disposal then a systematic life insurance and investment plan can ensure that your retirement is a fulfilling phase of life. A well-planned retirement will enable you to give meaning to your desires and enjoy all the goodness that life has to offer rather than be bogged down by financial worries. Kotak Life Insurance brings you plans which help you to systematically save for your retirement and enable you to live a fulfilling second inning

Kotak Assured Income Accelerator

Be it an Entrepreneur or an Employee or a Professional, everybody works hard with the primary motive of improving individual performance. This results into increasing profits or salary or professional fees year on year. In the similar manner, we expect our regular savings also to fetch a value that keeps on increasing year on year. Is it possible in a volatile financial market?

Yes, it is possible with Kotak Assured Income Accelerator. With the same amount of savings every year, this plan not only offers Guaranteed Income every year during the payout period but also ensures that the Guaranteed Income increases year on year.

Key features:

  1. Guaranteed Income payable every year during the Payout Period
  2. Income Boosters increases the Guaranteed Income between 5% to 7% every year
  3. Higher the annual premium, higher will be the Guaranteed Income

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Related Plan

Kotak Assured Income Plan

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