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‘Guaranteed Wealth Builder Plans’ is a category that consists of 2 products: Kotak Assured Savings plan UIN: 107N081V05 and Kotak Guaranteed Fortune Builder UIN: 107N128V05

Kotak Assured Savings Plan UIN: 107N081V05, Form No: N081. Kotak Term Benefit Rider, UIN: 107B003V03, Form No: B003; Kotak Accidental Death Benefit Rider, UIN: 107B001V03, Form No: B001; Kotak Permanent Disability Benefit Rider, UIN: 107B002V03, Form No: B002; Kotak Critical Illness Plus Benefit Rider - 107B020V01, Form No.: B020.

An Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan. This is a saving and protection oriented plan. For substandard lives, extra premium may be charged based on Kotak Life Insurance’s underwriting policy. This product is available for sale through online mode. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure.

^@Guaranteed benefits due under this plan are available provided premiums are paid regularly for the entire premium payment term and the policy is in force. Guaranteed Maturity Benefit payable at maturity is inclusive of Basic Sum Assured plus Accrued Guaranteed Yearly¹ Additions plus Guaranteed Loyalty² Addition. ¹Guaranteed Yearly Additions is a percentage of Cumulative Annualized Premium^#paid every year based on the opted premium payment term. It will accrue throughout the premium payment term and will be paid out at Maturity or on Death. ^#Annualized Premium is the premium payable in a policy year, excluding the taxes, rider premium underwriting extra premiums and loadings for modal premium, if any. ²Guaranteed Loyalty Addition is a percentage of Basic Sum Assured and be paid out at Maturity. The rate of such addition will be based on the opted premium payment term ^*Guaranteed Yearly Additions is added every time you pay the premium which is payable at maturity or death whichever is earlier

^{^}The above illustration is for a 25-year-old healthy Male, non-smoker, paying a premium of Rs. 25000 per month (annualised premium is Rs. 2,84,091) and for 10 years; where the policy term is 20 years, the basic sum assured is Rs. 45,88,537 and guaranteed maturity benefit is Rs. 70,68,744. The 2.4 times guaranteed returns is Rs. 70,68,744 / 28,40,910. 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.

^*Proceeds from life insurance policy with aggregate premium above 5 lakh (other than ULIP) will be subject to deduction of tax, where proceeds exceeds total premium paid under the policy. Tax benefits may be available subject to conditions as specified under the Income Tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.

The disclaimer for following reference number KLI/23-24/E-BB/2389, KLI/23-24/E-BB/2396, KLI/23-24/E-BB/2397, KLI/23-24/E-BB/2456, KLI/23-24/E-BB/2398:

*The above illustration is for a 25-year-old healthy Male, non-smoker, paying a premium of Rs. 25000 per month (annualised premium is Rs. 2,84,091) and for 10 years; where the policy term is 20 years, the basic sum assured is Rs. 45,88,537 and guaranteed maturity benefit is Rs. 70,68,744. The 2 .4 times guaranteed returns is Rs. 70,68,744 / 28,40,910. 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.

^Proceeds from life insurance policy with aggregate premium above 5 lakh (other than ULIP) will be subject to deduction of tax, where proceeds exceeds total premium paid under the policy. Tax benefits may be available subject to conditions as specified under the Income Tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant. Guaranteed benefits due under this plan are available provided premiums are paid regularly for the entire premium payment term and the policy is in force.

Annualised Premium refers to the premium payable in a policy year, excluding the taxes, rider premium underwriting extra premiums and loadings for modal premium, if any.

Kotak Guaranteed Fortune Builder, UIN: 107N128V05 Form No: N128, Kotak Term Benefit Rider, UIN: 107B003V03, Form No: B003; Kotak Accidental Death Benefit Rider, UIN: 107B001V03, Form No: B001; Kotak Permanent Disability Benefit Rider, UIN: 107B002V03, Form No: B002; Kotak Critical Illness Plus Benefit Rider - 107B020V01, Form No.: B020.

An Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan. This is a saving and protection oriented plan. For substandard lives, extra premium may be charged based on Kotak Life Insurance’s underwriting policy. This product is available for sale through online mode. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure.

^@Guaranteed benefits due under this plan are available provided premiums are paid regularly for the entire premium payment term and the policy is in force.

⁺The above example is for a 35 year old healthy female with a premium payment term of 10 years, deferment period of 5 years, policy term of 15 years and income period of 25 years with an annual premium of Rs. 1,00,000 p.a. for Income with 100% Return of Total Premiums (ROP). Total Premiums paid shall be defined as Total of all premiums received excluding any Modal Loadings, Rider premiums, Goods and Service Tax, Loadings for Extra Premium if any and any Premium paid towards Spouse Cover. The total benefit amount is Rs. 42.99 lakhs = Guaranteed Income of Rs. 1,31,970 x 25 years + ROP Rs. 10,00,000. The 4.2 times guaranteed returns is Rs. 42,99,250 / 10 Lakhs. The Above premium figures are exclusive of GST and cess. GST and Cess thereon, shall be charged as per the prevalent tax laws over and above the said premiums.

^*Proceeds from life insurance policy with aggregate premium above 5 lakh (other than ULIP) will be subject to deduction of tax, where proceeds exceeds total premium paid under the policy. Tax benefits may be available subject to conditions as specified under the Income Tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.

^#Figures arrived are basis the company’s latest annual audited figures for Individual Policy Claims for 2022-23.

^∞https://www.kotaklife.com/assets/images/uploads/why_kotak/Media_Release_Kotak_Life_Launches_TULIP_20.12__.2023_v1__.pdf for secured lives nationwide as on 30th September 2023

^θFigures arrived are basis the data published on the Life Insurance Council online portal - https://www.lifeinscouncil.org/industry%20information/individual_agents_data.aspx for Individual Agents of Kotak Mahindra Life Insurance Company Limited as on December-2023

Kotak Mahindra Life Insurance Company Ltd. Regn. No.:107, CIN: U66030MH2000PLC128503, Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400 051. Website: www.kotaklife.com | WhatsApp: 9321003007 | Toll Free No:1800 209 8800. Ref no: KLI/23-24/E-WEB/2587

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