Kotak Guaranteed Fortune Builder
How it works
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Long Term Income Option A: Income with 100% Return of Total Premiums paid:
Assured Wealth :
Key Features
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Guaranteed@ Benefit with Long Term Income plan and Assured Wealth option to suit your varied needs
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Life cover for financial security for your family
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Option to avail Guaranteed@Income upto 25 years for your short term and long term goals.
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Guaranteed@ lump sum benefit with flexible liquidity option
Additional Benefits
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∙ In-built Value Added Services for wellbeing of your health
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∙ Premium Break for Female Lives
Eligibility
![Eligibility]()
![Eligibility]()
Entry Age
(as on last birthday)
Plan Option Applicable for all channels including POSP channel Minimum* Maximum Long Term Income 1 years 60 years Assured Wealth 0 years (90 days) For Limited Pay: 60 years
For Single Pay:
Option 1 - 60 years Option 2 - 40 years*Age at maturity should be at least 18 years
![Eligibility]()
Maturity Age
(as on last birthday)
Plan Option Applicable for all channels except POSP channel Minimum Maximum Long Term Income 18 years 75 years Assured Wealth 18 years For Limited Pay: 75 years
For Single Pay:
Option 1 – 75 years
Option 2 – 55 yearsPlan Option Applicable for POSP channel Minimum Maximum Long Term Income 18 years 65 years Assured Wealth 18 years For Limited Pay: 65 years
For Single Pay:
Option 1 – 65 years
Option 2 – 55 years![Eligibility]()
Premium Payment Term (PPT)
Plan Option Premium Payment Term Long Term Income 5 years / 7 years / 10 years / 11 years / 12 years Assured Wealth Single Pay/
5 years / 6 years / 7 years / 8 years /10 years![Eligibility]()
Deferment Period
Plan Option Minimum Maximum Long Term Income 1 years 5 years Assured Wealth Not Applicable Deferment Period is the difference between the Policy Term and Premium Payment Term.
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Income Benefit Period
Plan Option Income Benefit Period Long Term Income 15 years / 20 years / 25 years Assured Wealth Not Applicable ![Eligibility]()
Income Benefit Frequency
Yearly, Half-yearly, Quarterly, Monthly mode
Following factors will be used to calculate installment Guaranteed Income
Yearly – 100%, Half yearly – 49.00%, Quarterly – 24.25%, Monthly– 8.00%
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Policy Term
Plan Option Minimum Maximum Long Term Income 6 years 17 years 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
For Long Term Income Policy Term will be always PPT + Deferment Period.![Eligibility]()
Premium Levels
Minimum: ₹. 30,000 p.a.
Maximum: No Limits, subject to underwriting acceptance
For POSP channel:
Minimum: ₹. 30,000 p.a.
Maximum:For all plan option (except for Assured Wealth Single Premium): ₹. 1,50,000 p.a.
For Assured Wealth Single Premium:
Option 1 – ₹.15,00,000
Option 2 – ₹.: 2,50,000
![Eligibility]()
Premium Payment Mode
Yearly, Half yearly, Quarterly, Monthly
![Eligibility]()
Premium Modal Factor
Following modal loadings will be used to calculate installment Premium:
Yearly – 100% , Half yearly – 51% , Quarterly – 26% , Monthly – 8.8%
Additional Protection with Optional Riders
![Additional Protection with Optional Riders]()
Kotak Term Benefit Rider:
Allows additional death cover on the life of Life Insured over and above the base plan’s Death Benefit.
Download![Additional Protection with Optional Riders]()
Kotak Accidental Death Benefit Rider
Lump sum benefit paid on accidental death of the Life Insured in addition to Death Benefit under the base plan.
Download![Additional Protection with Optional Riders]()
Kotak Permanent Disability Benefit Rider:
On permanent disability caused due to accident, 120% of Rider Sum assured will get paid out over a period of 5 years.
Download![Additional Protection with Optional Riders]()
Kotak Life Guardian Benefit Rider:
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.
Download![Additional Protection with Optional Riders]()
Kotak Accidental Disability Guardian Benefit Rider
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.
Download![Additional Protection with Optional Riders]()
Kotak Critical Illness Plus Benefit Rider:
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.
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Need help with life insurance?
Request a Life Advisor
Get details of your policy on WhatsApp
Send a 'Hi' to 93210 03007 from your registered mobile number.
Get in touch with our Customer Care team for assistance
Call our toll-free number 1800 209 8800
(for retail or individual customers only). Timings : 08:00 AM to 10:00 PM (Monday to Saturday, excluding public holidays)
Our representatives are available to assist you with all your queries.
For NRI Customers
Contact No: +912267775000
Important Information:
*Call Charges Apply
Call Center Timings- 8am to 10pm(Monday to Saturday as per IST)
Get answers to the frequently asked questions.
Read about Tax benefits & Plan Disclaimer
Tax Benefits:
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.
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 Guaranteed Fortune Builder UIN: 107N128V09. Kotak Term Benefit Rider, UIN: 107B003V03, Kotak Accidental Death Benefit Rider, UIN: 107B001V04, Kotak Permanent Disability Benefit Rider, UIN: 107B002V03, Kotak Life Guardian Benefit Rider, UIN: 107B012V02, Kotak Accidental Disability Guardian Benefit Rider, UIN: 107B011V02, Kotak Critical Illness Plus Benefit Rider UIN: 107B020V02.
A Non-Participating Non-Linked Life Insurance Individual Savings Product. 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.
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/25-26/E-WEB/95.
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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