Kotak Premier Endowment Plan
- Guaranteed additions
- Bonuses
- Flexible payment term
Kotak Life Premier Endowment plan is a combination of a life insurance plan and a savings plan offered by Kotak Life Insurance. Life insurance offers financial protection to your loved ones in case of your unfortunate demise while the savings part helps you build wealth if you survive the policy tenure.
Kotak Life Premier endowment is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.
Kotak Life Premier Endowment Plan offers you a range of benefits including:
Min entry age: 18 years Max entry age: 60 years
Maximum maturity age: 70 years
10 to 30 years or 5,7,10,15 years
Same as the policy term
Monthly, Quarterly, Half-yearly, and Yearly
Depends on the premium amount
Let's understand how the Kotak Premier Endowment Plan works with a simple premium illustration.
Mr. Verma wants a plan that can help him enjoy the dual benefits of life insurance and a savings plan.
His financial advisor advised him to buy the Kotak Premier Endowment Plan. He visited PolicyX.com
Let's understand how the Kotak Premier Endowment Plan works for him with a premium illustration table.
| Age of policyholder | Annual Premiums | Policy tenure | Premium Payment Term | Basic Sum Assured | Guaranteed Additions | Maturity Benefits |
| 34 years | Rs 1,00,000 | 15 years | 15 years | Rs 5,00,000 | Rs 4,00,000 |
Rs 6,97,063@4% Rs 9,12,500 @ 8% |
Here are some features of Kotak Premier Endowment Plan:
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Kotak Classic Endowment Plan is a long-term protection cum savings plan that helps you grow your money. It is a participating endowment plan that offe...
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Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of savin...
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Kotak Single Invest Advantage is a unit-linked insurance plan (ULIP) offered by Kotak Life Insurance. It combines the benefits of investment and insur...
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Kotak Platinum Insurance Plan is an individual unit-linked life insurance savings plan. It offers the dual benefits of insurance and savings in the sa...
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Kotak Life Guaranteed Savings Plan combines a guaranteed savings plan and a life insurance plan. In case of your uncertain demise, your loved ones wil...
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Kotak Ace Investment Plan is a ULIP (Unit Linked Insurance Plan). This plan offers a lump sum in case of your unfortunate demise and maturity benefits...
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Kotak e-Invest Plan is a ULIP (Unit Linked Insurance Plan) that offers you dual benefits- financial security to your loved ones in your absence and ma...
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Kotak Wealth Optima is a ULIP (Unit Linked Insurance Plan) that helps you grow your money over time and protects your family financially in case of yo...
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Invest smartly for a better tomorrow with Kotak Assured Income Accelerator Kotak Life Assured Income Accelerator Plan is a dual-purpose protection and...
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Kotak Guaranteed Fortune Builder is a comprehensive savings plan that helps you protect your family’s future with an assurance to fulfill your g...
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Kotak Fortune Maximiser is a limited-pay participating endowment plan designed to be customized as per your different objectives. This investment plan...
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Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan t...
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Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st polic...
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Here is the list of documents required to buy the Kotak Premier Endowment:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
You can buy the Kotak Premier Endowment Plan official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Kotak Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'Kotak Premier Endowment' plan.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Kotak Life Premier Endowment Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
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