Kotak Premier Life Plan

Benefits: 

• Participating whole life plan offering protection up to the age of 99 years
• More value for money through discount in premium for high Sum Assured on maturity and female lives
• Option to either receive bonus pay out (Cash Pay out optionor - at the end of the premium payment term) or accumulate them under the policy (At maturity accrued Paid-Up Addition)

Death Benefit

• Sum Assured on death Plus
• Accrued Simple Reversionary Bonuses (if any) Plus
• Terminal Bonus (if any)

Maturity Benefit

• Sum Assured on maturity Plus
• Cash Bonus (if any) plus
• Accrued Paid-Up Additions (if any) plus
• Terminal Bonus (if any)

Eligibility:

Entry Age     : Mini 3 Years,      Maxi: 45 / 50 / 53 /55 Years

Maturity Age : 99 Years

Policy Term   : 99 Years

Premium Payment Term  : Fixed  8 / 12 / 15 / 20 Years

Premium Payment Mode    :  Yearly / Half Yearly / Quarterly

Minimum Premium : Determined on the basis of Sum Assured on maturity, entry age, gender and premium payment term    Maxi Premium         :  No Limit

Basic Sum Assured:  Minimum Sum Assured on maturity Rs.2,00,000