Kotak Sampoorn Bima Micro-Insurance Plan

Non-Participating Non-Linked Life Insurance Individual Savings Product

Fulfill your dreams, no matter what

Kotak Sampoorn Bima Micro Insurance Plan is a single premium plan with fixed term of 5 years meant for catering to the needs of low income customers. With a small premium to be paid once, this plan provides a fixed maturity benefit depending on the Life Insured’s age at entry. In the unfortunate event of death of Life Insured during the policy term, Sum Assured on Death will be paid to the nominee to meet the immediate requirements.

Key Features

Single Premium

Pay a single premium payment of justRs. 200/-
Guaranteed Payout

Get guaranteed payout on maturity of policy and death of life insured.
Easy buying

The policy requires no medical tests.

Eligibility

Age Criteria
- Minimum: 18 years | Maximum: 55 years
- Maturity age: 60 years
Policy
- Policy Term: 5 years (fixed)
Premium (fixed)
- Rs.₹200 | ₹500 | ₹1,000
Premium Payment Details
- Premium Payment Option: Single

Downloads

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

Read about Tax benefits & Plan Disclaimer

Tax Benefits & Disclaimers

Tax benefit is applicable as per the Income tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.

As per current Goods and Services Tax and Cess laws, Micro Life Insurance plans with maximum Sum Assured up to ₹2,00,000 are exempted from goods & services tax. This may change as per Govt. rules from time to time.

Kotak Sampoorn Bima Micro-Insurance Plan UIN: 107N092V03. This is a non-participating non-linked life insurance individual savings product. 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 Mahindra Life Insurance Company Ltd. Reg No. 107 CIN : U66030MH2000PLC128503 Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400051 Toll Free: 1800 209 8800 | Website: www.kotaklife.com | WhatsApp: 9321003007 | Ref. No. : KLI/24-25/E-WEB/1641

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.

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.

Similar plans

Kotak Guaranteed Savings Plan

A Non-Linked Non-Participating Life Insurance plan
Know more
Kotak Get Assured Income Now

You may avail of tax benefits as specified under the Income Tax Act, 1961. Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Goods and Services Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.
Know more
Kotak Classic Endowment Plan

Kotak Classic Endowment Plan is a long term protection cum savings plan that offers protection benefit while earning bonuses during the policy term.
Know more
Kotak Fortune Maximiser

Kotak Fortune Maximiser is a limited pay participating endowment plan, which can be customized as per your requirement to help you achieve your life goals through multiple plan, payout & rider options. Your dreams are important and deserves to be fulfilled, therefore, life mein sirf #BadaSocho.
Know more
Kotak SmartLife Plan

A Limited Pay Non-Linked Participating Life Insurance plan. You earn and work hard to accomplish your dreams and aspirations at every stage of life.
Know more
Kotak Gen2Gen Income

Kotak Gen2Gen Income is a customizable life insurance product designed to meet a wide range of financial needs.
Know more
Kotak Assured Savings Plan

Kotak Assured Savings Plan is an affordable protection plan that enables you to accumulate wealth and strengthens your finances for the future.
Know more
Kotak Guaranteed Fortune Builder

You may avail of tax as per the Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Goods and Services Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.
Know more