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| PLAN DETAILS |
Kotak Premier Income Plan |
Life Wealth Pro |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum maturity age: 78 years | Maximum Maturity Age - 99 years |
| Premium payment term | 8/10/12/15/19/23 years | 5,7,10,15,20, Single Pay |
| Plan Entry Age | Minimum entry age: 3 years; Maximum entry age: 55 years | Minimum Age: 0 days, Maximum Age: 65 years |
| Sum assured | Depends on the premium and chosen policy term | No limit |
| Premium payment frequency | Yearly, Half-yearly, Quarterly, Monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 15,19 and 23 years | Minimum term: 10 years, Maximum term: 30 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 0 year |
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).
Additionally, you can get flexible premium payment options: yearly, half-yearly, quarterly, and monthly. 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. Its benefits include: