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-Participating, Non – Linked, Individual, Savings, Life Insurance Plan
In life, you hope to fulfill all your dreams and naturally try to plan things accordingly. But life never fails to surprise. In this fast-changing world, you need a sense of financial security or a second source of income to safeguard your financial plans even in unpredictable times and to protect your loved ones in case of any unexpected circumstances.
Well, we understand your need and the best way is to give you the assurance of fulfilling your financial goals and protecting them against the uncertainties.
Presenting Kotak Guaranteed Fortune Builder (KGFB) a Life Insurance Plan to safeguard your family’s future with an assurance to fulfil your goals. Further, you can also avail the plan option wherein you get the full premium amount returned. Thus, KGFB makes sure you always leap forward and can truly #BeUnstoppable
Long Term Income Option A: Income with 100% Return of Total Premiums paid:
Sanjay a 35-year-old male, has opted to pay premiums of Rs. 1,00,000 p.a. for 10 years, with deferment Period of 1 years, where his policy term will be of 11 years (premium payment term i.e. PPT of 10 year + deferment period of 1 year). He will receive his Income Benefit for the next 25 years annually & Channel: Online
The premium figures are exclusive of Goods and Services Tax and Cess, as applicable. Goods and Services Tax and Cess thereon, shall be charged as per the prevalent tax laws over and above the said premiums.
1.Long Term Income 2.Early Income 3.Assured Wealth 4.Bright Future
Entry Age
(as on last birthday)
Plan Option |
Applicable for all channels including POSP channel | |
Minimum* |
Maximum | |
Long Term Income |
3 years |
60 years |
Early Income |
8 years |
60 years |
Assured Wealth |
0 years (90 days) |
For Limited Pay: 60 years |
Bright Future |
18 years |
60 years |
*Age at maturity should be at least 18 years
For Spouse cover:
Minimum Entry Age: 18 years (for both lives)
Maximum Entry Age: 60 years (for both lives)
Maximum Maturity Age
(as on last birthday)
Plan Option |
Applicable for all channels including POSP channel | |
Minimum* |
Maximum | |
Long Term Income |
18 years |
75 years |
Early Income |
18 years |
70 years |
Assured Wealth |
18 years For Single Pay: |
For Limited Pay: 75 years |
Bright Future |
26 years |
75 years |
•Above Maximum Maturity Age is also applicable for Spouse cover
Premium Payment Term (PPT)
Plan Option |
Premium Payment Term |
Long Term Income |
5 years / 7 years / 10 years |
Early Income |
7 years to 10 years |
Assured Wealth |
Single Pay/ 5 years / 6 years / 7 years / 8 years /10 years |
Bright Future |
5 years to 10 years |
Deferment Period
Plan Option |
Minimum |
Maximum |
Long Term Income |
1 years |
5 years |
Early Income |
Not Applicable | |
Assured Wealth |
Not Applicable | |
Bright Future |
3 years |
8 years |
Deferment Period is the difference between the Policy Term and Premium Payment Term.
Income Benefit Period
Plan Option |
Income Benefit Period |
Long Term Income |
15 years / 20 years / 25 years |
Early Income |
7 years / 8 years / 9 years / 10 years |
Assured Wealth |
Not Applicable |
Bright Future |
3 years / 4 years / 5 years / 6 years |
Income Benefit Frequency
Yearly, Half-yearly, Quarterly, Monthly mode
Following factors will be used to calculate installment Guaranteed Income/Milestone Payout:
Yearly – 100%, Half yearly – 49.00%, Quarterly – 24.25%, Monthly – 8.00%
Policy Term
Plan Option |
Minimum |
Maximum |
Long Term Income |
6 years |
15 years |
Early Income |
7 years to 10 years (Same as Premium Payment Term) | |
Assured Wealth |
For Single pay: 10 / 15 years For 5 pay: 10 / 15 years For 6 pay: 12 / 18 years For 7 pay: 14 / 20 years For 8 pay: 16 / 20 years For 10 pay: 15 / 20 years | |
Bright Future |
8 years |
18 years |
For Long Term Income and Bright Future option, Policy Term will be always PPT + Deferment Period.
Premium Levels
Minimum: Rs. 30,000 p.a.
Maximum: No Limits, subject to underwriting acceptance
In case Spouse Cover option is chosen, separate premium will be charged with respect to life cover for the Spouse
Premium Payment Mode
Yearly, Half yearly, Quarterly, Monthly
Premium Modal Factor
Following modal loadings will be used to calculate installment Premium: Yearly – 100% , Half yearly – 51% , Quarterly – 26% , Monthly – 8.8% |
Allows additional death cover on the life of Life Insured over and above the base plan’s Death Benefit.
Lump sum benefit paid on accidental death of the Life Insured in addition to Death Benefit under the base plan.
On permanent disability caused due to accident, 120% of Rider Sum assured will get paid out over a period of 5 years.
On death of Policyholder, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits. This rider will not be available with Spouse Cover.
On accidental disability of Policyholder / Life Insured, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits.
Rider Sum Assured shall be payable on admission of a claim on any one of the 37 covered critical illness, with respect to Life Insured, subject to terms and conditions, definitions and specific exclusions.
Call our toll free number and our representative will help you buy the most suitable term insurance plan.
Say "Hi" to 93210 03007
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /FRAUDULENT OFFERS
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.
Kotak Guaranteed Fortune Builder UIN: 107N128V03 Form No: N128.
Kotak Term Benefit Rider, UIN: 107B003V03, Form No: B003; Kotak Accidental Death Benefit Rider, UIN: 107B001V03, Form No: B001; Kotak Permanent Disability Benefit Rider, UIN: 107B002V03, Form No: B002; Kotak Life Guardian Benefit, UIN: 107B012V02, Form No: B012; Kotak Accidental Disability Guardian Benefit, UIN: 107B011V02, Form No: B011, Kotak Critical Illness Plus Benefit Rider - 107B020V01, Form No.: B020.
An Individual, Non-Linked, Non-Participating, Savings, Life Insurance Plan. This is a saving and protection oriented plan. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure. @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. Ref. No.: KLI/23-24/E WEB/514
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.
Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.
A Non-Linked Non-Participating Life Insurance plan
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