Enjoy a guaranteed second income - Assured Income Plan - Customer... · Traditional Products compliant…

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  • Enjoy a guaranteed second income

  • Kotak Mahindra Group

    A renowned brand with more than 28 years of experience, offering a wide range of solutions across the financial services spectrum

    Kotak Mahindra Bank Ltd.

    Our Expertise is in the Financial sector

    Kotak Mahindra Old Mutual Life Insurance Ltd.

    Kotak Securities Ltd.

    Kotak Mahindra Capital Company

    Kotak Mahindra Prime Ltd.

    Kotak International Business

    Kotak Mahindra Asset Management Company

    Kotak Private Equity Group

    Kotak Realty Fund

    Net worth of Rs.17,868 cr*

    Total Assets of Rs.114,631 cr*

    More than 23,500


    *Source: Investor Relation Earning update Q2 FY 2013-14. ^As on 30-Sep-13.

  • We are Proud to be..

    About Kotak Life Insurance

    Adding value to peoples lives through protection & long term savings

    You can invest your trust with us

    One of the best claims ratio inthe industry


    Covering over 75 lakhs lives & one of the fastest growing

    insurance companies in India

    Profitable for 5years in a row. One among the few

    profitable private life insurance companies

    Terminal Bonus of 15% declared on

    Accumulation Account of Participating

    Plans for 2013-14*.

    *Declared on Account Value of Kotak Capital Multiplier, Kotak Endowment Plan &Kotak Child Advantage Plan for financial year 2013-14. #Public disclosure FY 2012-13. Source: An Independent study conducted by Business World IPSOS as part of Indias Most Respected Companies Survey 2013

  • Traditional Products compliant with IRDA guidelines

    Kotak Life Insurance brings to you

    The Economic Times says Dec 6, 2013

    The new guidelines issued by IRDA for traditional products, is an attempt at making life insurance true to its core value, more transparent and customer

    friendly. The guidelines follow overarching themes of providing:1. Transparency 2. Protection 3. Customer centricity 4. Long term focus

  • Traditional Products


    Better Savings Higher Protection Additional Flexibility

    Enhanced returns as a result of lower charges

    Assured savings on account of Guaranteed pay outs

    Higher Protection results in higher bonus as bonus is now declared on Sum Assured

    Comprehensive protection for your family with minimum cover of 10 times* the annual premium

    Flexibility of choosing premium payment term

    Flexibility of choosing an entry age up to age zero

    Kotak Life Insurance brings to you

    *For age above 45 years the minimum cover is 7 times the annual premium.

  • Why Savings?

    Regular & Long term savings can help you fulfill your future needs such as:

    Childs Education

    Life Insurance is the only savings option that ensures your familys dreams are fulfilled even if you are not around

    Childs Wedding

    Annual Holiday

    2nd Home

  • What if you had Guaranteed 2nd income?

  • Luxuries of life guaranteed every year

  • A family holidayguaranteed every year

  • Extra indulgence on yourselfguaranteed every year

  • With Kotak Life Insurances

    Best Selling Plan

    Now with

    Limited Pay of 10 years

  • And Higher Protection

    Minimum Death Benefit is now 106% of the Basic Sum Assured*

    Basic Sum Assured is 10 x Annual Premium

  • With Limited Pay Kotak Assured Income Plan

    *Guaranteed, if policy is in force

    You pay for a

    Limited Period of 10 years

    Guaranteed* 2nd income every year for 15 years

    Protection for 30 years


    And Get

  • You enjoy Guaranteed* 2nd income for 15years

    Annual Income will start from the end of 15th year

    Monies paid by youAssured Annual


    `15,000 to ` 29,999 9.10%

    ` 30,000 to ` 74,999 9.60%

    ` 75,000 and above 10.10%

    *Assured Annual Income is the percentage of Basic Sum Assured. It will be paid from the end of 15th policy year. It will be payable provided the policy is in force and all premiums are paid up to date

  • Get Additional lump sum at the end of the 30thyear

    You will get Guaranteed Maturity Benefit*ranging between 04% to 110% of Basic Sum Assured on maturity

    *Guaranteed Maturity Benefit will depend on the age and will be calculated as: [110% - (0.1% x Age at Entry)] of Basic Sum Assured

  • While you are also being covered for 30 years

    In the case of your unfortunate demise, your

    family will receive

    Sum Assured on Deathwhich is higher of 106% of Basic Sum Assured or Guaranteed Maturity Benefit*

    ensuring adequate

    protection for your family

    *Guaranteed Maturity Benefit will be calculated as: [110% - (0.1% x Age at Entry)] of Basic Sum Assured

  • You also have the option to boost your cover through additional Riders

    These benefits will be charged for by way of additional premiums and are only applicable during the rider term. For details on riders, please refer to the Rider Brochure

    The riders offered under this plan are:

    Kotak Accidental Death Benefit (ADB)

    Kotak Permanent Disability Benefit (PDB)

    Kotak Life Guardian Benefit (LGB)

    Kotak Accidental Disability Guardian Benefit (ADGB)

  • And all benefits accrued under this plan are

    You may avail of tax benefits under Sec 80 C and Sec 10(10D)of Income Tax Act 1961, subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. You are advised to consult your tax advisor for details.

    You also get the tax advantage on monies paid by you

  • Cover of 7,98,750 for 30 years

    Lets look at the plan benefits for a

    premium of Rs.75,000

    30th year

    You pay 75,000 for 10 years

    Get Guaranteed* second income 75,750 for 15 years

    10th year 15th year

    Lump Sum on Maturity


    *Guaranteed, if policy is in force. For a 35 year old healthy male. Premium is exclusive of service tax.

  • A premium of 75,000 per year for 10 years

    Assured income of 75,750 for 15 years +

    11,36,250 7,98,750

    Maturity benefit



    Summary of Overall Benefits is:

    Along with a life cover of 7,98,750 for 30 years


    Tax benefits of 23,175 per year for 10 years

    2,31,750- = 5,18,250


    Tax Free

    For a 35 year old healthy male. Premium is exclusive of service tax. The above calculation is applicable for taxable income of Rs.12,00,000 and above up to Rs.1 crore on investment of Rs.1,00,000 in this plan. Tax saving is including Education Cess & Higher Education Cess. Tax benefits under 10(10D) of the Income Tax Act is subject to the condition mentioned in Income Tax Act, 1961. Payments made to Policy holder during the term of the policy contract will be tax free along with Maturity Benefits.

    Net Payment

  • Guaranteed* 2nd incomefor 15 years

    Lump sum benefitat maturity

    Protection for 30 years in case of your unfortunate demise

    Tax benefitsfor premiums paid and tax free returns

    Limited Pay of 10 years

    *Guaranteed if policy is in force

    Summary of Plan Benefits

  • Guaranteed 2nd income

  • Our core purpose is to add value to customers life through

    Protection and Long Term Savings(PALTS).

    Long Term Savings will help customer achieve their financial goal.Protection will ensure that the financial goals are achieved even incase of unforeseen events

    KOTAK ASSURED INCOME PLAN, our unique offering is in alignment with our core purpose. It is an endeavor to provide the best protection and savings option to our customers.

  • Invest with us

    Established in 1985, the Kotak Mahindra Group is today one of Indias leading financial conglomerates

    The Kotak Group business is structured across various strategic units viz. Banking, Life Insurance, Mutual Funds, Wealth Management, Securities, Institutional Equities and Investment Banking with its presence in New York, London. San Francisco, Dubai, Mauritius and Singapore

    Kotak Mahindra Old Mutual Life Insurance is a joint venture between Kotak Mahindra Bank Ltd. (along with its affiliates) and Old Mutual, a U.K based financial group and an FTSE100 company

    Kotak Life Insurance brings you the financial expertise along with the international exposure resulting in an integrated product offering of world-class solutions

  • Kotak Assured Income Plan UIN: 107N069V03, Form No: N069, ADB UIN: - 107B001V02, Form No: B001, PDB UIN: -107B002V02 Form No: B002, LGB UIN: -107B012V02, Form No: B012, ADGB UIN: - 107B011V02, Form No: B011, Ref. No.: KLI/13-14/E-PPT/288. Insurance is the subject matter of solicitation. This is a non-participating savings cum protection oriented anticipated endowment plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. For details on riders, please refer to the Rider Brochure. Tax benefits are subject to change in tax laws. You are advised to consult your tax advisor to details.

    Kotak Mahindra Old Mutual Life Insurance Ltd., Regn. No.: 107, Regd. Office: 4th Floor, Vinay BhavyaComplex, 159A, C.S.T. Rd., Kalina, Santacruz (East),

    Mumbai 400098 Website: http://insurance.kotak.com Email: clientservicedesk@kotak.com Toll Free No. 1800 209 8800



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