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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 Moneyback Plan

A Savings cum Insurance Plan

Protect your today to secure your tomorrow. We aspire to offer our loved ones everything that they dream for, as much as we wish to secure them. Be it in their professional lives or personal lives, their happiness and protection is our ultimate aim. That is why Kotak Life Insurance offers Kotak Premier Moneyback Plan, a unique plan that blends savings and protection. It is a limited pay plan that provides lump sum payouts at regular intervals to meet your interim financial requirements and let you offer the best to your family.

How it works

  • 30 year old VarunVermachooses a Basic Sum Assured of 5 lakhs with a policy term of 20 years and premium payment term of 10 years which are his prime working years

  • He gets regular cash backs as percentage of the Basic Sum Assured (BSA) at equal intervals depending on the policy term chosen allowing him to care for his family at prime life stages

  • In his first interval of 5 years (at the age of 35 years), his Cumulated Annualized Premium stands at Rs. 2,93,375/-* and Cumulative Regular Benefit is Rs. 1,00,000/-**

    * The above Premium figures are exclusive of Goods and Services Tax and Cess. Goods and Services Tax and Cess thereon, shall be charged as per the prevalent tax laws over and above the said premiums. **Subject to policy being in force.

  • And so on for every 5-year interval as per the relevant rates

  • He gets the balance Sum Assured at maturity.

Key features

  • Regular payouts at specific intervals throughout the terms

    Get regular cash backs* as percentage of the Basic Sum Assured at equal intervals depending on the policy term chosen

  • Lump sum Maturity Addition

    Along with the final payout at the end of the policy term, get a lump sum benefit depending on the policy term chosen

  • Enhanced death cover with additional payout on accidental death

    In addition to the basic death benefit, on death due to accident get an assured additional sum

  • Earn bonuses from 1st year onwards

    Bonuses may be declared on the plan from the end of 1st policy year onwards

  • Additional protection through optional riders

    Choose from three rider options to increase the protection levels


  • Age criteria

    • Entry Age:
    • Minimum: 2 yrs
    • Maximum: 59 yrs for 16 yr term | 55 yrs for 20 yr term | 51 yrs for 24 yr term
  • Maximum Maturity Age

    • 75 years
  • Policy Term

    • 16 years | 20 years | 24 years
  • Sum Assured

    • Minimum: 1.5 lacs
    • Maximum: No Limit, subject to underwriting acceptance
  • Premium Levels

    • Minimum: Depends on Minimum Sum Assured
    • Maximum: Depends on Sum Assured levels
  • Premium Payment Term

    • Limited Pay
    • 8 yrs for 16 yr term | 10 yrs for 20 yr term | 12 yrs for 24 yr term
  • Payment Mode

    • Yearly, Half yearly, Quarterly, Monthly
  • Premium Modal Factor

    • The following modal loadings will be used to calculate the instalment Premium
    • Yearly - 100% , Half yearly - 51% , Quarterly - 26% , Monthly - 8.8%

Additional protection with optional Riders

  • Kotak Term Rider

    Allows additional death cover over and above the base plan's Death Benefit.

  • Kotak Life Guardian Benefit Rider

    Remaining premiums will be paid by the KLI on behalf of the policyholder in case of his / her death.

  • Kotak Accidental Disability Guardian Benefit Rider

    Remaining premiums paid by the KLI on behalf of the policyholder in case of accidental disability.

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

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Read about Tax benefits & Plan Disclaimer

Tax Benefits & Disclaimers

You may avail of tax benefits under Section 80C 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.

Terms & Conditions

This is a participating anticipated 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. For details on riders, please refer to the Rider Brochure.

Benefits under this plan are dependent upon the performance of the participating Funds.

Kotak Premier Moneyback Plan UIN: 107N083V01, Kotak Term Rider- :UIN No.: 107B003V03 Kotak Life Guardian Benefit Rider - 107B012V02, Kotak Accidental Disability Guardian Benefit Rider - 107B011V02 Form No: N083, Ref. No.: KLI/17-18/E-WEB/166

Regd. Office:

Kotak Mahindra Life Insurance Company Ltd.(Formerly known as 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)


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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