Tell a friend about this page!
Friend's Name:
Friend's Email:
Your Name:
Your Email:
THIS PLAN, ON GAURENTEED RETURNS, IS AVAILBALE ONLY WITH THIS (TIED) CHANNEL / VERTICLE!                            NOT WITH ANY OTHER CHANNELS / VERTICLES OF KOTAK LIFE INSURANCE!                                                                                                                                                                                              THIS PLAN, ON GAURENTEED RETURNS, IS AVAILBALE ONLY WITH THIS (TIED) CHANNEL / VERTICLE!                           NOT WITH ANY OTHER CHANNELS / VERTICLES OF KOTAK LIFE INSURANCE!

Cash Back Pension Plans: Four options of your choice (Customized Retirement Solutions)

Mr. YOU,
This is a combination solution consisting of Kotak Assured Savings Plan and Kotak Life Time Income Plan.These products are also available without this combination solution.
Life Insurance can serve as the foundation of a well-thought-out financial strategy, one that gives you the potential to accumulate wealth that can help you achieve a variety of future financial goals. Here in the financial goal is planned for Retirement Corpus Building, and to get benefit out of the same.

[ An over view of the Kotak Assured Savings Plan, Guaranteed Maturity Benefit (Payable at Maturity Basic Sum Assured PLUS Accrued Guaranteed Yearly Additions PLUS Guaranteed Loyalty Addition),Increasing Life Cover, Longer the premium commitment,> higher the benefits, More Value for Money, Option to Enhance Protection through a wide range of 3 optional Riders available with this plan, Death Benefit - In case of unfortunate death of the Life insured, during the term of the plan, the nominee will receive, Basic Death Benefit PLUS Guaranteed Yearly additions accrued on the date of the Death.]

Search this web site:
<img src="assets/img/next.png" alt="Next" />

Key Features

What is your Ideal Retirement Plan?
Lump sum to celebrate the retirement and fulfil your dreams?
OR
Regular pension to enjoy your current life style, after Retirement?
Now you get both to celebrate the Retirement Years!

Your Ideal retirement plan is Kotak's CASHBACK PENSION Plan.
This is a combination solution consisting of Kotak Assured Savings Plan and Kotak Life Time Income Plan. These products are also available without this combination solution.
Ensures financial independence post retirement Provides regular payouts to meet your post-retirement financial needs

Allows a range of annuity payout frequencies
Monthly, quarterly, half-yearly and yearly income payment modes are offered to suit your financial needs
Premium Payment Term
Two options, 7 years / 10 years. .

Savings
Mr. YOU, age 31, at present when you are young, energetic and your income earning capacity is high,
we propose that you save Rs. 1,00,000* (*Service tax extra.), every year for the next 10 years, till age 41, in this solution.
This solution, Cash Back pension Plan, will provide an umbrella of security to your family by providing you with a life cover for first 20 years of the policy,( till age 51) of Rs. 15,19,278 in 1st policy year and it increases during premium paying term.

Kotak's CASH BACK Pension Plan has FOUR (4) Annuity Options to suit various customer needs. You can choose the option that suits you best.

  • Life Time Income
  • Life Time Income with Cash Back
  • Life Time Income with Term Guarantee with Term 5/10/15/20 yrs
  • Last Surveyor Life Time Income

    • For a detailed understanding, you may call for FREE customized benefit illustrations.



    How to Start?

    Now you have chosen an Option. Is that fine?
    We have to work on your requirements, which you need after 20 yrs, and then re-work the Premium you have to Start, Now!

    To know the details of each plan of this combination solution, please go through the benefit illustrations of individual products as provided to you.

    Advertisement Disclaimers:

    "This advertisement is designed for combination of benefits of two or more individual and separate products name Kotak Assured Savings Plan and Kotak Life Time Income Plan (as applicable) etc. The customer has the choice of purchasing any one or more product as per his/her need and choice and there is no compulsion whatsoever that these product are to be taken together as suggested by the insurer and presented in this advertisement. The customer is expected to ask questions, understand and satisfy himself that the condition meets his/her specific needs better before deciding to purchase the combination. This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer the detailed sales brochure of respective individual products mentioned herein"


    Your Pension Plan Begins here!

    Option 1:

    Life time income: Regular pension
    After 20 years when you reach the golden age of 51 years, it's time for you to relax and reap the fruits of your savings. Your pension will start now. From here on you will receive Rs.1,77,510/- every year during your lifetime.
    Look for sample illustration-1

    Option 2:

    Life Time income with Cash Back & Pension
    After 20 years, you will get back your total premiums paid of Rs. 10,00,000/- as lump sum for you to fulfil your dreams. Enjoy lump sum Cash Back of Rs. 10, 00,000/- and you will receive ANNUAL regular pension of end of 20th policy year. Rs. 91,310/- during your lifetime from 21st policy year.
    Look for sample illustration-2

    Option3:

    Life Time Income with Term Guarantee with Term 5 / 10 / 15 / 20 yrs.
    After 20 years when you reach the golden age of 51 years, it's time for you to relax and reap the fruits of your savings. Your pension will start now.
    From here on you will receive Rs. 87,814/- every year during your lifetime.
    This income is guaranteed for at least 20 years and continues for your life Thereafter.
    Look for sample illustration-3

    Option 4:

    Last Surveyor Life Time Income.
    After 20 years when you reach the golden age of 51 years, it's time for you to relax and reap the fruits of your savings.
    Your pension will start now. From here on you will receive Rs. 83,153/- every year during your lifetime.
    In case of any unfortunate event and your spouse will continue to receive Rs.83, 153/- for entire life.
    Look for sample illustration-4

    Note: The illustration shown is for annuity rates as on 16th September 2013. The pension will depend on annuity rates prevailing at the time of inception for actual pension payment.
    for more details meet your Kotak Life Advisor.

    Tax Saving & Other Disclaimers:

    Insurance is the subject matter of the solicitation.
    This is a Unit-Linked non-participating plan

    1) This combination solution comprises of set of policies across one or more products of the company. These products (Kotak Assured Savings Plan UIN No.: 107N081V01& Kotak Life Time Income Plan UIN: 107N047V02) are also available individually with the Company and it is not mandatory for me to apply for this combination only. Kotak Assured Savings Plan is a non-linked limited premium paying non-participating endowment plan. Kotak Life Time Income Plan is a non-linked non-participating annuity plan.
    2) The benefits available under the combination solution shall be as per the respective product's policy terms and conditions.
    3) The benefit of this combination solution shall become payable only if all premiums for the entire premium payment terms are paid in full, as the case may be.
    4) Annuity rates are not guaranteed and are subject to change from time to time. The actual Annuity amount will depend on the prevailing annuity rates at the time of purchase of Annuity. The current illustration is based on Annuity Rates as on 16th Sept 2013.
    5) The premium quoted is only basic premium. The actual premium shall comprise of basic premium, extra premium, if any, rider premium, if any, service tax And education cess, as per applicable rates. The tax laws are subject to amendments from time to time. Please refer Benefit illustration for the details of the actual premium amount.
    6) Tax benefits on premiums paid and benefits received will be applicable as per the prevailing tax laws. Please consult your tax advisor for further details.
    7) Insurance is the subject matter of solicitation.
    8) For more details on risk factors, terms and conditions please read the sales brochure of "individual products" before concluding a sale.
    9) You have the flexibility to choose any of the annuity options offered by the company at the time of vesting of the product and will be subject to availabilityOf product at that time.
    10) Based on the combination option selected, after paying all premiums for the full premium payment term, the maturity amount will get automatically transferred to the identified annuity product.

    BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

    • IRDA clarifies to public that IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
    • IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

    Kotak Mahindra Old Mutual Life Insurance Ltd.
    Regn. No: 107,
    Regd. Office: 4th Floor, Vinay Bhavya Complex,
    159 A, CST Road, Kalina, Santacruz East, Mumbai: 400 098
    Toll Free: 1800 209 8800 (8 am to 10 pm)
    Website:http://insurance.kotak.com
    Email: clientservicedesk@kotak.com


    Kotak Assured Savings Plan UIN No.: 107N081V01,
    Form No.N081:
    Kotak Life Time Income Plan UIN No.: 107N047V02,
    Form No: N047. KLI/13-14/P-CL/284:

    Tax Saving & Other Disclaimers:
    (Continued...) 11) You have option to withdraw the maturity amount in lump sum.
    12) It will be your responsibility to contact the Company for any change in selection of any of the above mentioned options at the time of maturity. At the maturity additional confirmation including documents necessary at that time will be required for processing.
    13) It will be your responsibility to contact the company for selection of any options available at the time of maturity. Lifetime income option will be the default option for annual income. At maturity additional confirmation including documents necessary at that time will be required for processing

    /// Know about KOTAK LIFE INSURANCE.

    • 1.Kotak Mahindra group, offering wide range of Fin services.

      ..

      Kotak Mahindra group, offering wide range of Fin services.

    • 2: our journey, since inception.

      2: our journey, since inception.

    • 3:Kotak Life insurance plans as per IRDA guidelines.

      ..

      3:Kotak Life insurance plans as per IRDA guidelines.

    • 4:Kotak Life products - Revised, Improved, Customer Friendly.

      4:Kotak Life products - Revised, Improved, Customer Friendly.

    • 5: Core purpose - PALTS

      5: Core purpose - PALTS

    • 6:Invest with us.

      6:Invest with us.

    • 7:India's most respected private Life Insurance co.

      7:India's most respected private Life Insurance co.







    Design adopted from OrangeIde © Rajana2014 All rights reserved.
    Products shown/described in this page are products of Kotak Lifeinsurance and thay are the owners of them.