Kotak Premier Life Plan
A life insurance plan
You are on your way to success and nothing but the best do not want to compromise. Stay one step ahead of you for life and you have a plan that not only reflects your personal growth and success, but also stays with you for a lifetime is needed. Currently, many financial priorities, yet a happy future for you and your family to be safe, is something you can not ignore.How you present yourself and your family's future financial challenges management to ensure a balance between rest? Organize and to help build the foundation of your happiness, we Kotak Life Insurance, a special insurance plan that your requirements for a comfortable today accommodates, whilst securing a bright future is crafted.
Kotak Life Premier plan a limited premium non-linked golden age, 99 years of your life to the life of the plan participants on the safety proposals.
Key advantages
- 99 years of age participating whole life plans offer protection up
- Simple reversionary bonus after the end of the premium paying term and cash bonus by the end of the premium payment term of 1 year declared policy
- Option bonus payout policy or to deposit them
- The high amount of premium discounts through more value for money and the woman's life assurance maturity
- Look through a wide range of riders to increase security
- Tax benefits u / s Section 80 (c) and 10 (10D) of the Income Tax Act
How does the scheme work?
You decide the sum assured on maturity and the premium payable is determined based on the premium payment period to choose. Selected premium paying term premium you pay for. That is also the option of paying cash bonuses available to choose from and paid additions needed.
Under the cash payment option, simple reversionary bonus earned during the premium paying term is payable as a lump sum at the end of the premium paying term. In addition, the cash bonus (if any) or the death or surrender of the policy term, whichever is earlier, by the end of the year ever since the end of the premium paying term is due. The paid-up additions option, bonus payments paid additions (PUA) are used to purchase.
At maturity, you paid the deposit on maturity benefit ie the sum assured on maturity additions (if any) plus cash bonus (if any) plus the terminal bonus (if any) will receive.
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