Now you can buy life insurance plans completely online right here.
Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.
The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.
Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!
Our representative will get in touch with you at the earliest.
A Single Premium Non-Linked Non-Participating Individual Immediate Annuity Plan
Retirement years are the golden years of life where you would wish to do things that you have only been planning till now or are deferring by giving them lesser priority.
Ensure a peaceful retirement life by investing in “Kotak Saral Pension” – A single premium non-linked and nonparticipating individual immediate annuity plan that gives you the assurance of regular stream of income throughout your lifetime.
• Life Annuity with Return of 100% of Purchase price, OR
• Joint Life Last Survivor Annuity with Return of 100% of Purchase Price (ROP) on death of the last survivor
Annuitant: Minimum: 40 years | Maximum: 80 years
Spouse: Minimum: 40 years | Maximum: 80 years
Minimum - Any amount that ensures minimum monthly annuity of Rs.1000
Maximum – No Limit
Monthly: Rs.1000 per month
Quarterly: Rs.3000 per quarter
Half-Yearly: Rs.6000 per half year
Yearly: Rs.12000 per annum
Yearly, Half-yearly, Quarterly, Monthly
|Mode||Annuity instalment (per frequency)|
|Yearly||100% of yearly annuity|
|Half-yearly||97% of yearly annuity x 1/2|
|Quarterly||96% of yearly annuity x 1/4|
|Monthly||95% of yearly annuity x 1/12|
Send a "Hi" to 93210 03007, from your registered mobile number.
Call our toll free number and our representative will help you buy the most suitable plan.
Tax Benefits & Disclaimers
You may avail of tax benefits under Income Tax Act, 1961 subject to conditions as specified in those sections. Benefit payments under annuity policy may be subject to taxes as per the prevailing tax laws on the date of payment and as per the Annuitant’s / legal heir’s taxable income slabs. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.
Terms & Conditions:
Kotak Saral Pension; UIN: 107N124V01, Form No: N124. This is a single premium non-linked nonparticipating individual immediate annuity 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 befor e concluding a sale. Ref. No.: KLI/21-22/E-WEB/449
Kotak Mahindra Life Insurance Company Ltd.
Regn. No.:107, CIN: U66030MH2000PLC128503;
2nd Floor, Plot # C- 12,
G- Block, BKC, Bandra (E),
Mumbai – 400051;
Website: https://insurance.kotak.com/; Email: email@example.com; Toll Free No: 1800-209-8800
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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