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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 Health Shield

    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

    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!


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Kotak Assured Income Accelerator

A non-participating guaranteed@ income anticipated endowment insurance plan

Let your savings accelerate your income. Whether you are an entrepreneur, an employee or a professional, you work hard to improve your performance, resulting in increased income year on year. Even with your savings, you expect to fetch a value that increases with every passing year. Kotak Assured Income Accelerator offers a unique way to get risk free returns. It ensures that you get Guaranteed Income every year on the same amount of savings and that your Guaranteed Income increases year on year – a plan that truly grows with your savings!

How it works

  • Mr. Sharma is a 35 years old Government employee

  • He chooses an annual premium of Rs. 60,000/-* for a premium payment term of 15 years and a policy term of 30 years which helps determine Basic Sum Assured and Guaranteed Income

  • He pays premiums every year for the selected premium payment term

  • After premium payment term of 15 years expires, he gets Guaranteed Income starting at Rs. 78,000/- at the end of the 16th policy year, gradually increasing during Payout Period

  • At the age of 65, the plan matures and Mr. Sharma enjoys the last installment of increasing payout and the Guaranteed Maturity Benefit totaling to Rs. 3,46,440/-

  • He can finally invest in building a home in his native land.

  • Also, in case of an unfortunate event of his death, his nominees receive a death benefit as defined by the policy.

    * 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.

Key features

  • Get Guaranteed@ Income

    Payable every year during the Payout Period

  • Increase in Guaranteed@ Income

    Through Income Boosters from 5% to 7% yearly

  • Get higher Guaranteed@ income

    With higher annual premium

  • Get death benefit

    Irrespective of Guaranteed Income already paid

  • Get Guaranteed@ Maturity Benefit

    Along with the last payout

  • Customise Protection

    Through a wide range of Riders

  • Enjoy tax benefit

    As per applicable tax laws


  • Entry Age

    • Minimum: 0 years
    • Maximum: 7 PPT – 60 years | 10 PPT – 60 years | 15 PPT – 55 years
  • Maturity Age

    • Minimum: 18 years
    • Maximum: 85 years
  • Policy and Premium Payment Term (PPT)

    • (PPT: Policy Terms)
    • 7 pay: 15 years | 10 pay: 20 years | 15 pay: 30 years
  • Premium Payment Option

    • Limited only
  • Guaranteed Income Option

    • Yearly or Monthly
  • Annual Premium

    • Minimum: 15,000
    • Maximum: No limit, subject to underwriting
  • Basic Sum Assured

    • 10 times of annual premium
    • In case of non-annual mode, the installment premium will be divided by modal factor to arrive at annual premium.
  • Premium Payment Mode

    • Yearly, Half yearly, Quarterly, Monthly
  • Modal Factor (% of annual premium)

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

Additional protection with optional Riders

  • Kotak Term Benefit

    In case of death of life insured, rider sum assured will be paid in addition to death benefit under the base plan.

  • Kotak Accidental Death Benefit

    In case of death of the life insured due to accident, rider sum assured will be paid in addition to the death benefit under the base plan.

  • Kotak Permanent Disability Benefit

    In case of life insured being permanently disabled due to accident, benefit is paid in installments.

  • Kotak Life Guardian Benefit

    In case of death of the policyholder (if different from Life Insured), outstanding premiums are waived and will be paid by Kotak Life Insurance.

  • Kotak Accidental Disability Guardian Benefit

    In case of accidental disability, outstanding premiums are waived and will be paid by Kotak Life Insurance.

  • Kotak Critical Illness Plus Benefit Rider

    Rider Sum Assured shall be paid in part or whole, in case the Life Insured is diagnosed with any of the 37 Critical Illness (subject to terms and conditions)

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

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Get in touch with our Customer Care team

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Call on toll free number 1800 209 8800(8:00 am to 10:00pm)

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Get Answers to the commonly asked questions

Policy FAQs

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 laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.

Kotak Assured Income Accelerator: 107N089V02, Form No: N089 Kotak Term Benefit Rider – 107B003V03, Kotak Accidental Death Benefit Rider – 107B001V02, Kotak Permanent Disability Benefit Rider – 107B002V02, Kotak Life Guardian Benefit Rider – 107B012V02, Kotak Accidental Disability Guardian Benefit – 107B011V02, Kotak Critical Illness Plus Benefit Rider UIN No.: 107B020V01 From No. 020. Ref. No.:KLI/19-20/E-WEB/399

@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. This is a non-participating guaranteed income anticipated endowment plan. For sub-standard lives, extra premium may be charged based on KLI’s underwriting policy. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For details on riders, please read the Rider Brochure.

Regd. Office:

Kotak Mahindra Life Insurance Co. 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)

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.


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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