Kotak Assured Income Accelerator

Benefit: 

• Guaranteed Income payable monthly / yearly during the Pay-out Period
• Income Boosters increases the Guaranteed Income between 5% to 7% every year
• Death benefit is payable irrespective of Guaranteed Income already paid
• Guaranteed Maturity Benefit along with the last pay-out
• Higher the annual premium, higher will be the Guaranteed Income
• Customise Protection through a wide range of Riders
• Tax benefit on premiums paid u/s 80(C) and benefit received u/s 10(10D)

Death Benefit

Sum Assured on death irrespective of Guaranteed Income already paid.

Survival Benefit

During the pay-out Period, you get Guaranteed Income either on monthly or yearly basis.

The Guaranteed Income depends on the Income Rate which varies as per premium payment term

Eligibility:

Entry Age     :  Mini 0 Years,      Maxi: 55 / 60 Years

Maturity Age:  Mini 18Years,      Maxi: 85 Years

Policy Term                               : 15 Years / 20Years / 30 Years

Premium Payment Term (PPT) :  7 Pay / 10 Pay / 15 Pay

Basic Sum Assured          :  10 times of annual premium

Premium Payment Mode           :  Yearly / Half Yearly / Quarterly

Guaranteed Income Option:  Yearly or Monthly