Kotak Secure Return Employee Benefit Plan

A Group Life Insurance Gratuity / Leave Encashment Plan

Let your employees enjoy dual benefits. As an employer, we know you want to offer your employees the best you can, without any hassles to you or your employees. That is why Kotak Secure Return Employee Benefit Plan caters to the needs of employers, trustees, state governments, central government, PSUs to plan for funding group members’ benefit schemes. It is designed as a comprehensive employee benefit solution to manage the gratuity and leave encashment and Post-Retirement Medical Benefit schemes in the most efficient manner.

Key Features

Composite employee benefit solution to cater to the requirements of gratuity and leave encashment and Post-Retirement Medical Benefit benefit schemes
Depending on the scheme rules, the benefits in the event of death,retirement, resignation, withdrawal transfer, leave encashment during service, Post-Retirement Medical benefit or any other exit of the members as per scheme rules will be payable.
Competitive interest rate declared at the end of Financial year
A non-zero positive regular interest rate will be declared annually by the company at the end of each financial year
Additional protection
In the event of death of the member additional benefit i.e. Sum Assured of Rs. 5000/- will be paid to the nominee.
Convenient renewal process
This is an annually renewable policy, which will be auto renewed subject to availability of sufficient premiums.

Eligibility

Age criteria:

Minimum Group Size: 10 members

Minimum age at entry (as on last birthday): 18 Years or as per Scheme rules, whichever is higher
Maximum age at entry (as on last birthday): 85 Years or as per Scheme rules whichever is lower
Maximum Maturity Age (as on last birthday): Retirement age as specified under Scheme rules or
86 years whichever is lower
Cover Term
- 1 year renewable
Contribution
- Minimum: Rs. 2,00,000/- | Maximum: No Limit
Sum Assured:

Fixed Cover: Rs. 5,000

Downloads

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

Need help buying a plan?

Request a Relationship Manager

Select City

Select Member Count

Select Plan

By submitting this form, you hereby allow us to contact you even if you are registered under NDNC.

Submit Clear

Mail us on kli.business-solutions@kotak.com

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

Read about Tax benefits & Plan Disclaimer

Tax benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. It is advised to consult your tax advisor for details.

Kotak Mahindra Life Insurance Company Ltd.

UIN No.: 107N087V04

Form No: N087.

KotakTerm Group Plan - UIN No.:107N007V08,

Form No.: N007.

This is a non-participating non unitlinked life insurance fund based group plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

Regd. Office:

Kotak Mahindra Life Insurance Company Ltd.

Reg No. 107

CIN:U66030MH2000PLC128503

8^th Floor,

Plot # C- 12,

G- Block,

BKC,

Bandra (E),

Mumbai – 400051

Toll Free: 1800 120 7856 |

Website: https://www.kotaklife.com | Ema

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.

Similar plans

Kotak Corporate Benefit Plan
This is a Group Unit Linked Plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. Tax benefits under the policy may be as per the prevailing Income Tax laws. Tax laws are subject to amendments from time to time and interpretations. Employers are advised to consult their tax consultant.
Know more
Kotak Leave Encashment Group Plan
Kotak Leave Encashment Group Plan is designed to cater to the needs of employees’ leave encashment liabilities increasing over a period of time.
Know more
Kotak Gratuity Plus Group Plan
Kotak Gratuity Plus Group Plan is a unit-linked group gratuity plan that helps you fund for the gratuity obligation systematically & effectively and release resources for your core business activities.
Know more
Kotak Group Secure Capital Plan
Kotak Group Secure Capital Plan is a Non-Participating, Guaranteed Unit Linked Fund Based Group Life Insurance Plan. It enables Employers /Trusts to manage funds under their employee benefit schemes like Gratuity, Leave Encashment, Superannuation (Defined Contribution and Defined Benefit) and Post-Retirement Medical Schemes (PRMS) in an efficient manner. As an employer, this plan will help you to design an optimal retirement benefits for your employees and in turn increase employee retention.
Know more
Kotak Assured Return Employee Benefit Plan
Kotak Assured Return Employee Benefit Plan is an insurance plan designed for Employers /Trusts, Employer. Visit Kotak Life Insurance online and get more information.
Know more
Kotak Gratuity Group Plan
Kotak Gratuity Group Plan is a Unit-linked group gratuity plan that helps you fund for the gratuity obligation systematically & effectively and release resources for your core business activities.
Know more