Protection now comes with wealth accumulation benefit
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| Kotak Assured Savings Plan UIN: 107N081V04, Form No: N081.This is a savings-cum-protection oriented non-participating endowment assurance plan. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. | |||||||
| @Guaranteed benefits due under this plan are available provided premiums are paid regularly for the entire premium payment term and the policy is in force. #Guaranteed Maturity Benefit is inclusive of Basic Sum Assured plus Accrued Guaranteed Yearly1 Additions plus Guaranteed Loyalty2 Addition. *Life cover increases with addition of Guaranteed Yearly Additions on each premium payment and is payable on maturity or death. 1Guaranteed Yearly Additions is a percentage of Cumulative Annualized ^Premium paid every year and the rate of such additions is based on the opted premium payment term. It will accrue throughout the premium payment term and will be paid out at Maturity or on Death. 2Guaranteed Loyalty Addition is a percentage of Basic Sum Assured and will be paid out at Maturity. The rate of such addition will be based on the opted premium payment term. ^Annualized Premium refers to the premium payable in a policy year, excluding the taxes, rider premium underwriting extra premiums and loadings for modal premium, if any. Tax benefits are subject to conditions specified as per Income Tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant. | |||||||
| Kotak Mahindra Bank Ltd. is a corporate agent of Kotak Mahindra Life Insurance Company Ltd. with Corporate agency License number - CA0250. Regd. Office 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. The plan is offered and underwritten by Kotak Mahindra Life Insurance Company Ltd. Participation of customers of Corporate Agent shall be purely on voluntary basis. The purchase by a bank’s customer of any insurance products is purely voluntary, and is not linked to availment of any other facility from the bank. | |||||||
| Kotak Mahindra Life Insurance Company Ltd. Regn. No.:107, CIN: U66030MH2000PLC128503, Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai- 400051. Website: www.kotaklife.com | Toll Free No.: 1800 209 8800. Ref. No. KLI/22-23/E-EM/574. | |||||||
| Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license. | |||||||
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August 14, 2022
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