Kotak Premier Endowment Plan
Kotak Premier Endowment Plan
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KOTAK LIFE INSURANCE
Plan : Kotak Premier Endowment Plan
Maturity Benefit
- Basic Sum Assured PLUS
- Accrued Guaranteed Additions PLUS
- Accrued Reversionary Bonuses and Terminal Bonus, if any
Death Benefit
- Death Benefit ( Lump Sum pay out / 50% immediately , balance in equal instalments PLUS
- Accrued Guaranteed Additions PLUS
- Accrued Reversionary Bonuses and Terminal Bonus, if any
Eligibility:
Entry Age : Mini 18Years, Maxi: 60 Years
Maturity Age : Mini - Maxi: 70 Years
Policy Term : 10 Years - 30 Years (Regular)
Limited Pay : 5 Pay: 10 to 30 Years
7 Pay & 10 Pay: 15 to 30 Years
15 Pay: 20 to 30 Years
Premium Payment Term : Regular Pay : Same as policy term
Limited Pay : 5 , 7 , 10 & 15 Years
Basic Sum Assured : 10 times of annual premium
Premium Payment Mode: Yearly / Half Yearly / Quarterly
Minimum Premium : Regular Pay: Rs.8,000 per annum
Limited Pay: Rs.15,000 per annum
Basic Sum Assured : Depends on minimum premium chosen, premium payment term and policy term combinations
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