Kotak Assured Return Employee Benefit Plan

Non-Participating, Non Linked Fund Based Group Plan

Kotak Assured Return Employee Benefit Plan is an insurance plan designed for Employers /Trusts, Employer – Employee groups who wants experts to manage their employee benefit schemes like Gratuity, Leave Encashment, Superannuation (Defined Contribution and Defined Benefit) and Post-Retirement Medical Benefit Schemes (PRMBS).

Key Features

Wide Range of Benefits for Your Employees
Provide wide range of benefits like Gratuity, Leave Encashment, Superannuation and Post-Retirement Medical Benefit Schemes (PRMBS).
Attractive Rate of Interest
Attractive rate of interest for a Specified Period declared in advance^. ^Specified Period is the period for which the contribution is being made, it is selected by Master Policyholder at the time of making each contributions.
Life Cover
Life cover of Rs. 5,000 per member under Gratuity, Leave Encashment and PRMBS
Professional Service
Professionally managed fund with high level of service by our representatives

Eligibility

Eligibility:

Member Minimum Age at entry (Age Last Birthday): 18 years or as per scheme rules whichever is higher

Member Maximum Maturity Age (Age Last Birthday): 86 years or as per scheme rules whichever is lower
Policy Term:

Minimum / Maximum Policy Term: One-year renewable
Sum Assured (per member): Rs 5,000 for Gratuity, Leave Encashment and Post-Retirement Medical Benefit Schemes
Minimum Initial Contribution:
- Defined Benefit Schemes at scheme level - Rs 10 lakh
- Defined Contribution Schemes - Rs 500 per member
Maximum Initial Contribution: No Limit

Downloads

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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. You are advised to take an independent view from tax consultant.

Terms and conditions

Kotak Assured Return Employee Benefit Plan - UIN 107N119V01, Form No. N119. This is a Non-Participating

Non-Linked Fund Based Group Plan. For more details on risk factors, terms and conditions please read sales

brochure carefully before concluding a sale. Ref. No. KLI/20-21/E-WEB/1223

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 (8 am to 10 pm) |

Website: https://www.kotaklife.com | Email: kli.groupoperations@kotak.com | Toll Free No. -1800 120 7856

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.

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