Kotak Confident Retirement Savings Plan

A Participating Non-Linked Pension Individual Savings Plan

Today you are an earning, self-reliant individual, working hard to realize yours’ and your loved one’s dreams. However, tomorrow when you retire, a new phase of your life will start as Retirement.

How do you want to spend your retirement - Turning your hobby into a second career or volunteering for a noble cause or simply spending more time with your family. During retirement, how you choose to spend your time is now up to you. The decisions you make about your savings today should give you confidence enough to fulfill your retirement goals on your own terms.

Presenting, Kotak Confident Retirement Savings Plan, take full control of your retirement with confidence, to accumulate corpus for your golden years to lead a comfortable and worry-free retirement life.

How it works

Mr. Raktim aged 40 years for a Policy Term of 20 years and Premium Payment Term of 10 years with an annual premium of ₹1,00,000.

Key Features

Accumulate bonus from the first policy year till end of Policy Term
Assured Benefit on Death or Vesting
Avail liquidity through Partial Withdrawals in case of financial emergency
Flexibility to pay premium for Limited period or throughout the Policy Term

Eligibility

Parameters	Minimum	Maximum
Age^# at Entry	25 Years	Regular Pay: 60 Years Limited Pay (7 PPT & 10 PPT): 60 years Limited Pay (12 PPT): 55 years
Age^# at Vesting	35 Years	75 Years
Annualized Premium	Limited & Regular Pay: ₹30,000	No Limit, as per board approved underwriting policy
Premium Paying Term	Regular Pay \| 7 \| 10 \| 12 Years
Policy Term	Regular Pay: 10 to 30 Years Limited Pay (7 PPT & 10 PPT): 15 to 30 years Limited Pay (12 PPT): 20 to 30 years
Premium Payment Frequency	Yearly Half-Yearly \| Quarterly \| Monthly
Basic Sum Assured	Will depend on Age, PT, PPT, and Premium payable

Need help for paying premium?

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

Call our toll free number and our representative will help you buy the most suitable term insurance plan.

Get details of your policy on our WhatsApp

Say "Hi" to 93210 03007

Get in touch with our Customer Care team

Click Here

Read about Tax benefits & Plan Disclaimer

Tax Benefits:

Tax benefits as under the Income-tax Act, 1961 would be applicable. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

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

Kotak Confident Retirement Savings Plan UIN: 107N162V01.

This is a participating non-linked pension individual savings plan. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. This product is available for sale through online mode. Benefits under this plan are dependent upon the performance of the participating Funds. Please note that Bonuses are NOT guaranteed and may be as declared by the Company from time to time. The risk factors of the bonuses projected under the product are not guaranteed. Past performance doesn’t construe any indication of future bonuses. These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.

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/24-25/E-WEB/1965

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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