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  • Kotak e-Term Plan

    Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.

  • Kotak e-Assured Savings Plan

    Kotak e-Assured Savings Plan not only provides affordable protection but also helps accrue wealth for accomplishing your upcoming financial aims by giving guaranteed benefits.

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Kotak Premier Endowment Plan

A Life Insurance Plan

Your dreams for your family are important to you. But only regular and long term savings can ensure their fulfillment. We understand this and that is why we provide a great start to your savings with Kotak Premier Endowment Plan. It has Guaranteed Additions in the first 5 policy years. After all, isn’t well begun half done? But that’s not it; the plan works to provide you a corpus for your dreams through continued bonuses. In fact, it is just what you need, for your dreams to come alive.

Key features

  • Guaranteed Additions*

    In the first 5 policy years, Guaranteed Additions at 5% p.a. (simple) of Basic Sum Assured will accrue; payable either on maturity or on death whichever is earlier.

  • Earn bonus from 6th policy year onwards

    Bonuses start accruing from 6th year onwards.

  • Convenience to select from multiple options of premium payment term

    Get the flexibility of paying regular premiums or limited premium payment for 5, 7, 10 or 15 years for various Term combinations.

  • Additional Protection through optional riders

    Choose from 7 seven riders to increase the protection levels. *Subject to the policy being in force

Eligibility

  • Age criteria

    • Entry age: Minimum: 18 years | Maximum: 60 years
    • Maturity age: Maximum: 70 years
  • Policy

    • Policy Term: Regular Pay: 10-30 years | Limited Pay: 5 Pay: 10 to 30 years | 7 Pay & 10 Pay: 15 to 30 years | 15 Pay: 20 to 30 years
  • Basic Sum Assured on maturity

    • Depends on minimum premium chosen, as mentioned above
    • For example: In a Regular Premium plan with 8,000 annual premium, following would be the Sum Assured for entry ages 18 & 60 yrs:
    Age Policy Term Sum Assured
    18 yrs 10 yrs ` 63,755
    18 yrs 30 years ` 2,00,904
    60 yrs 10 yrs ` 61,317

    Similarly, minimum Sum for the limited premium payment term and policy term combinations are available. For details, please refer to the Calculator on our website.

  • Premium

    • Minimum: Regular Pay: Rs. 8,000 | Limited Pay: Rs.15,000
  • Premium Payment Details

    • Premium Payment Term (PPT): Regular Pay: Equal to Policy Term | Limited Pay: 5,7,10 & 15 years
    • 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 with optional Riders

  • Kotak Accidental Death Benefit Rider

    In case of death of the life insured due to accident, rider sum assured will be paid in addition to the death benefit under the base plan.

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  • Kotak Permanent Disability Benefit Rider

    In case of life insured being permanently disabled due to accident, benefit is paid in installments.

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  • Kotak Life Guardian Benefit Rider

    In case of death of the policyholder (if different from Life Insured), outstanding premiums are waived and will be paid by Kotak Life Insurance.

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  • Kotak Accidental Disability Guardian Benefit Rider

    In case of accidental disability, outstanding premiums are waived and will be paid by Kotak Life Insurance.

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  • Kotak Term Benefit Rider

    In case of death of life insured, rider sum assured will be paid in addition to death benefit under the base plan.

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  • Kotak Critical Illness Rider

    Portion of the basic Sum Assured paid in advance on diagnosis of the covered Critical illness subject to terms and conditions.

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Downloads

Download the brochure to know more about the plan and how it can benefit you.

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Call on toll free number 1800 209 8800(8:00 am to 10:00pm)

Call our toll free number and our representative will help you buy the most suitable plan.

Mail us on clientservicedesk@kotak.com

Mail your queries to us and we will answer them at the earliest.

Read about Tax benefits & Plan Disclaimer

Tax Benefits & Disclaimers

You may avail of tax benefits under Section 80C, 80D and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Goods and Services Tax shall be levied over and above premium amount shown here as per applicable tax laws.

Terms & Conditions

Insurance is the subject matter of solicitation. This is a savings-cum-protection oriented participating endowment 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 Premier Endowment Plan UIN: 107N079V01, Form No: N079; Ref. No: KLI/17-18/E-Web/112

Regd. Office:

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)
Website: http://insurance.kotak.com
Email: clientservicedesk@kotak.com

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus.
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

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