Kotak Premier Income Plan
vs
Kotak Fortune Maximiser Plan

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Kotak Premier Income Plan vs Kotak Fortune Maximiser Plan

Kotak Premier Income Plan

Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of saving and protection in the same policy. This investment plan offers regular, steady income right after the end of the premium paying term. In terms of ma...

Kotak Fortune Maximiser Plan

Kotak Fortune Maximiser is a limited-pay participating endowment plan designed to be customized as per your different objectives. This investment plan offers a choice of 3 life cover options: Life Goal Maximiser, Bright Future Maximiser, or Golden Years Maximiser. You'll even get multiple bonus payo...

PLAN DETAILS

Kotak Premier Income Plan


Kotak Fortune Maximiser Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed regular payout
  • Bonus benefits
  • Rider protection
  • Spouse Life Cover
  • Coverage till 85 years
  • Choice of Bonus Payout
Plan Uniqueness
  • Rider benefit
  • Tax benefits
  • Long term cover
  • Spouse Life Cover
  • Coverage till 85 years
  • Choice of Bonus Payout
Plan Maturity age Maximum maturity age: 78 years 85 years
Premium payment term 8/10/12/15/19/23 years 6, 8, 10, 12, 15 years
Plan Entry Age Minimum entry age: 3 years Maximum entry age: 55 years Min- 90 days, Max- 60 years
Sum assured Depends on the premium and chosen policy term No Limit
Premium payment frequency Yearly,Half-yearly,Quarterly,Monthly Yearly, Half-yearly, Quarterly and Monthly
Plan Sample Premium - No Limit
Plan Brochure Brochure URL Brochure URL
Policy tenure 15,19 and 23 years 85 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of saving and protection in the same policy. This investment plan offers regular, steady income right after the end of the premium paying term. In terms of maturity benefit, this plan provides the sum of- accrued simple reversionary bonuses plus terminal bonuses. ( if declared).

Wait Wait. You can also get flexible premium payment options of yearly, half-yearly, quarterly & monthly. So, overall, the Kotak Premier Income Plan is an attractive option for those looking to secure their financial future while also planning for periodic income needs.

Kotak Premier Income Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

Kotak Premier Income Plan offers you a range of benefits including:

why-choose
  • Maturity Benefit 
  • Tax Benefits
  • Bonus benefit
  • Guaranteed Income
  • Benefits for women 
  • Rider Benefits

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.