#1
6th November 2015, 11:47 AM
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Kotak Mahindra Life Insurance
Can you tell me in detail about the Retirement Plans offered by Kotak Life Insurance - Kotak Mahindra as I want to take up a one if it really interests me?
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#2
6th November 2015, 03:07 PM
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Re: Kotak Mahindra Life Insurance
Kotak Life Insurance - Kotak Mahindra has the right solutions to make retirement planning easier. One will access to extensive protection that life insurance plans offer: Kotak Premier Pension Plan - UIN No.: 107N094V01 Plan type: Participating Pension Plan with Guaranteed Additions Best suited for: 30 – 60 years It is for those people looking for planning for their retirement in order to ensure a worry-free retirement life. In the initial 5 years, plan provides Guaranteed Additions to give the savings a great start. Key features: Guaranteed Additions in the first 5 policy years Earn bonus from 6th policy year onwards Assured Benefit on maturity or death Additional Protection through optional riders Kotak e-Lifetime Income Plan - UIN No.: 107N085V02 Plan type: Traditional annuity plan that provides regular payouts for post-retirement financial needs Best suited for: 45 – 99 years (New Customers) Those who have sufficient corpus that can be used to generate regular income for meeting post-retirement needs 18 – 99 years (For existing Kotak Life Insurance Pension Plan policyholders) Those who would like to commute the savings under their Pension Plan with Kotak Life Insurance through this annuity plan Key features: Regular Payouts Flexibility to choose the frequency & payouts options Option to gift it to near & dear ones Kotak Lifetime Income Plan - UIN No.: 107N047V02 Plan type: Traditional annuity plan that provides regular payouts for post-retirement financial needs Best suited for: 45 – 99 years Those who have sufficient corpus that can be used to generate regular income for meeting post-retirement needs Key features: Regular Payouts Flexibility to choose the frequency of receiving payments Flexibility to choose from four payout options Option to gift it to near & dear ones |