Pure Endowment Policy

Kotak Classic Pure Endowment Plan Policy

A life insurance plan

You always have a choice if you need protection but the savings and wealth accumulation as well as provides an opportunity to are provided with? Kotak Classic Pure endowment plan Policy that can help meet these requirements. Kotak Pure Classic Endowment Plan Policy is a long-term protection cum savings plan that provides security benefits while earning bonus during the term of the policy.

Download Brochure 

• Participating Endowment plans offer protection up to the age of 75 years
• 1 policy year to earn annual bonuses
• According to the affordability of the facility to pay premiums in the form of
• The flexibility of the term as per suitability for a wide range of choices to choose from
• Discounts for higher amount at maturity assurance through more value for money
• 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

Premium Calculator

Entry Age	Regular pay: Min: 0 years; Max: 55 years Limited pay: Min: 0 years; Max: 60 years (except for PT/PPT combination of 15/7 years) PT/PPT combination of 15/7 years: Min: 0 years; Max: 58 years
Maturity Age	Min: 18 years Max: 75 years
Premium Payment Term (PPT)	Regular Pay: Equal to Policy Term Limited Pay: 7 years for policy term 15 years Policy term less 5 years
Policy Term	15 to 30 years For minors, minimum term will be greater of; 15 years or (18 years minus age at entry as on last birthday)
Premium Payment Option	Regular and Limited only
Minimum Premium	Regular Pay: 7,000 Limited Pay: 7,000 (except for PT/PPT combination of 15/7 years) PT/PPT combination of 15/7 years: 12,000
Maximum Premium	No limit, subject to underwriting
Minimum Sum Assured on maturity	Determined on the basis of minimum premium amount, entry age, policy term and PPT Example: Mentioned below is the sample Sum Assured on maturity at minimum premium for minimum and maximum terms at highest and lowest ages respectively: Age Policy Term Premium payment term Sum Assured on maturity () 0 years 30 years 30 years 1,92,413 0 year 30 years 25 years 1,80,366 55 years 15 years 15 years 86,687 60 years 15 years 10 years 61,071 58 years 15 years 7 years 73,584
Premium Payment Mode	Yearly, Half yearly, Quarterly, Monthly
Modal Factor (% of annual premium)	Yearly - 100%, Half yearly - 51%, Quarterly - 26%, Monthly - 8.8%

Tax benefits & Disclaime

Additional security:

Do you want to customize the cover or protection is not enough, you attach the optional riders refer to your base plan can do so:

Kotak Term / preferred term gains (KTB / KPTB): on the basis of additional security over the death benefit under the scheme offers.

Kotak Accidental Death Benefit (ADB): In addition to the lump sum death benefit under the scheme based on the benefits paid on accidental death.

Kotak Permanent Disability Benefit (PDB) become disabled due to an accident on the entry of a claim payment installments.

Kotak Critical Illness Benefit (CIB): Part of the sum assured on maturity (50% of the sum assured on maturity) on a critical illness claim, the terms, definitions and subject to specific exclusions payable on entry.

Kotak Life Guardian Benefit (LGB): The remaining premium on his / her behalf shall be paid in case of death of the policyholder.

Kotak Accident Disability Benefit Guardian (ADGB): In case of accidental disability premium payments from policyholders balance.

Riders purchase before concluding individual riders and exclusions please refer to the prospectus for more information.

Tax benefits and Disclaimer

You Income Tax Act, as those sections subject to the conditions specified in Section 80C of the 1961 and Section 10 (10D) can avail of benefits under. Tax benefits are subject to change according to the law. For you are advised to consult their tax advisor.

Terms & Conditions

Insurance is the subject matter of solicitation. This is a savings-cum-protection oriented endowment insurance plan is participating in. For more information about risk factors, please Terms and Conditions to read the sales brochure carefully before concluding a sale.

More Information Contact

Manish Jariwala: +91 96247 88899

Upagna Jariwala: +9199248 33365