What is the minimum premium of Kotak?
Premium Payments Offered under Kotak Premier Life Plan:
| Minimum Premium | Based on Sum Assured at maturity, entry age, gender and premium payment term (PPT) |
|---|---|
| Maximum Premium | Unlimited, subject to underwriting |
| Minimum Sum Assured (on maturity) | Rs.2,00,000 |
| Premium Payment Mode | Monthly, quarterly, half-yearly, yearly |
What is Kotak Smart life plan?
Kotak SmartLife is a non-linked, participating endowment policy offered by Kotak Life Insurance. This policy provides guaranteed maturity benefits along with bonus payouts. The death benefit will be paid if the insured dies during the policy term.
Is Kotak premier income plan good?
50 years for 8 pay; 55 years for 10 pay and 12 pay. Kotak Premier Income plan proves to be an ideal plan for it accommodates your requirements for a comfortable today by asking for limited premiums, whilst securing a bright tomorrow by offering high protection cover along with additional benefits.
What is guaranteed income plan?
A guaranteed income savings plan is a non-linked traditional insurance policy that presents no risk as it not connected to market performance. Such a plan offers returns in the form of periodic pay-outs that are guaranteed.
Who is the CEO of Kotak Life Insurance?
Mahesh Balasubramanian
Kotak Life Insurance
| कोटक लाइफ इन्शुरन्स | |
|---|---|
| Abbreviation | KLI |
| Chairman | Uday Kotak |
| President | Gaurang Shah |
| Managing Director | Mahesh Balasubramanian |
How is Kotak Smart life plan calculated?
You can use this to calculate the Kotak Smart Life Plan Maturity Value….Reversionary Bonus for Kotak Smart Life Plan ( UIN – 107N102V01)
| Year | Premium Payment Term | Bonus Rate |
|---|---|---|
| 2018-19 | Limited Pay of 12 years | 3.00% |
| Limited Pay of 15 years | 2.95% | |
| Cash Bonus^ on Paid-Up Additions | 2.85% | |
| 2018 | Limited Pay of 6 years | 3.40% |