Kotak Premier Income Plan

Benefit

• Guaranteed Income immediately after Premium Payment Term
• Guaranteed Income can be taken either on Annual or Monthly frequency
• Enhanced Sum Assured rates for female lives and higher premiums
• Upside potential through bonuses accruing throughout the policy term

Death Benefit :

• Sum Assured on death PLUS
• Accrued Simple Reversionary bonuses, if any PLUS
• Interim bonus, if any PLUS Terminal bonus, if any
• PLUS Present Value of outstanding Guaranteed Monthly Income for the remaining policy year, if any

Maturity  Benefit :

• Accrued Simple Reversionary bonuses (if any) PLUS
• Terminal bonus (if any)

Eligibility:

Entry Age      :  Mini 3 Years,      Maxi: 50 Years /55 Years

Maturity Age : 18 Years,     Maxi: 78 Years

Policy Term                   :  15 / 19 / 23 Years

Premium Payment Term  : 8 / 10 / 12 Years

Premium Payment Mode :  Yearly / Half Yearly / Quarterly

Minimum Premium           :  Mini Rs.25,000 / Rs.30,000              Maxi – No Limit

Basic Sum Assured           :  Will be derived basis Premium, Age, Gender, PPT & Policy Term