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.
All these years you have saved money to ensure a comfortable and financially independent life post retirement. But still it worries you to spend down your retirement fund as you are concerned about outliving the same. An Immediate Annuity plan provides you a secured alternate source of income so that you can live your life without having financial worries!
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!
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 quaterly,half yearly and yearly income payment modes are offered to suit your financial needs.
#For policy purchased as QROPS through transfer of UK tax relieved assets
*New Customers are customers who intend to purchase the annuity plan separately and not using the proceeds of any of the Kotak Life’s Pension Plans / Superannuation fund(s)
Minimum: 0 years
Maximum: 99 years
Minimum: New customers*: 35 years
Existing KLI Pension Plan Policy Holders: 18 years
Maximum: 99 years
*New Customers are customers who intend to purchase the annuity plan separately and not using the proceeds of any of the Kotak Life’s Pension Plans / Superannuation fund(s)
Minimum: any amount that ensures minimum monthly annuity of Rs.1000 (per member for superannuation fund)
Maximum: no limit
Monthly : Rs. 1,000
Quarterly : Rs. 3,000
Half-yearly : Rs. 6,000
Yearly : Rs.12,000
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 |
Download the brochure to know more about the plan and how it can benefit you.
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 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 before concluding a sale.
Kotak Lifetime Income Plan UIN: 107N103V07, Form No: N103, Ref. No.: KLI/21-22/E-WEB/722
Kotak Mahindra Life Insurance Company Ltd.
Regn. No.:107, CIN: U66030MH2000PLC128503;
Regd. Office:
2nd Floor, Plot # C- 12,
G- Block, BKC, Bandra (E),
Mumbai – 400051;
Website: https://www.kotaklife.com ; WhatsApp: 9321003007 ; Toll Free No: 1800-209-8800
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.
