Kotak Premier Income Plan
vs
Retire Smart
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Kotak Premier Income Plan |
 Retire Smart |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum maturity age: 78 years | Maximum Maturity Age - 80 years |
| Premium payment term | 8/10/12/15/19/23 years | 5/8/10/15 years |
| Plan Entry Age | Minimum entry age: 3 years Maximum entry age: 55 years | Minimum Age - 30 years Maximum Age - 70 years |
| Sum assured | Depends on the premium and chosen policy term | Rs 1 lakh to 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 | 10, 15, 30 years |
| Claim Settlement Ratio (2023-24) | Minimum Age - 5 year | Minimum Age- 30 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).
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:
Consult for Personalized Insurance Advice
Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.
Trouble connecting with an insurance company?
Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com
We are happy to help.
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.
