Kotak Premier Endowment Plan

Kotak Premier Endowment Plan

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KOTAK LIFE INSURANCE

Plan : Kotak Premier Endowment Plan

Benefits

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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