Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and insurance in one premium.
Kotak Lifetime Income Plan
Retirement years are the golden years of life.
Our representative will get in touch with you at the earliest.
A Non-Linked Non-Participating 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. It’s a phase where you would want to enjoy doing what you wish without worrying about finances.
To ensure that you enjoy financially secure retirement years and fulfill your desires Kotak Life Insurance presents Kotak Lifetime Income Plan – A non-linked and nonparticipating immediate annuity plan that gives you / your members the assurance of regular stream of income throughout life.
Provides regular payouts to meet your post-retirement financial needs.
Plan has six annuity options to suit various customer needs. You can choose the option that suits you best.
Monthly, quarterly, half-yearly and yearly income payment modes are offered to suit your financial needs.
| Min | Max | ||
| Entry Age (Last Birthday) | Annuitant | 99 Years | |
| New Individual Customer | 45 years | ||
| New Group Customer | 35 years | ||
| Existing KLI Pension Plan / Group Customers | 18 years | ||
| NPS Subscribers | 18 years | ||
| QROPS customers | 55 years | ||
| Spouse | |||
| New Individual Customers | 35 years | ||
| New Group Customers | 35 years | ||
| Existing KLI Pension Plan / Group Customers | 18 years | ||
| NPS Subscribers | 18 years | ||
| Nominees of Deceased KLI Pension Plan Life Insured and NPS Subscriber | 0 years |
Single Premium
Min: Any amount that ensures minimum
monthly annuity of Rs. 1000 (per member for Superannuation Fund)
Note: The minimum monthly
annuity of Rs 1000 is not applicable for Additional Annuity &
NPS Subscribers
Minimum Annuity
Monthly: Rs. 1,000
Quarterly: Rs.
3,000
Half-Yearly: Rs. 6,000
Yearly: Rs. 12,000
Annuity Modes
Yearly, Half-yearly, Quarterly, Monthly
Annuity Installment (per frequency)
Mode AnnuityInstallment (per frequency)
Yearly 100% of Yearly Annuity
Half-yearly 98% of Yearly Annuity x 1/2
Quarterly 97% of Yearly Annuity x 1/4
Monthly 96% of Yearly Annuity x 1/12
Call our toll free number and our representative will help you buy the most suitable term insurance plan.
Say "Hi" to 93210 03007
You may avail of tax benefits under Section 80CCC of Income Tax Act,
1961. Income paid by the annuity is taxable
in the hands of the customer. Taxes applicable are subject to change in tax laws. Tax laws are subject
to amendments from time to time. Customer
is advised to take an independent view from tax consultant.
This is a non-linked non-participating immediate annuity plan. For more
details on risk factors, terms and conditions
please read the sales brochure
carefully before concluding
a sale.
Kotak Lifetime Income Plan UIN: 107N103V10, Form No: N103, Ref. No.: KLI/22-23/E-WEB/1321
Kotak Mahindra Life Insurance
Company Ltd. Regn. No.:107, CIN: U66030MH2000PLC128503; Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai – 400051; Website:
https://www.kotaklife.com
| WhatsApp: 9321003007 | Toll Free No: 1800-209-8800
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Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.
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