Kotak Premier Income Plan
- Guaranteed regular payout
- Bonus benefits
- Rider protection
Kotak Premier Income Plan is a non-linked, participating whole life insurance plan offered by Kotak Life Insurance. It provides dual benefits of saving and protection in the same policy. This investment plan offers regular, steady income right after the end of the premium paying term. In terms of maturity benefit, this plan provides the sum of- accrued simple reversionary bonuses plus terminal bonuses. ( if declared).
Wait Wait. You can also get flexible premium payment options of yearly, half-yearly, quarterly & monthly. So, overall, the Kotak Premier Income Plan is an attractive option for those looking to secure their financial future while also planning for periodic income needs.
Kotak Premier Income Plan is a unique life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.
Kotak Premier Income Plan offers you a range of benefits including:
Minimum entry age: 3 years Maximum entry age: 55 years
Maximum maturity age: 78 years
15,19 and 23 years
8/10/12/15/19/23 years
Yearly,Half-yearly,Quarterly,Monthly
Depends on the premium and chosen policy term
Let's understand how the Kotak Premier Income Plan works with a simple premium illustration.
Mr. Vishal is a 35-year-old non-smoker man looking for an investment plan to create long-term wealth.
His financial advisor advised him to buy the Kotak Premier Income plan. He visited PolicyX.com
Let's understand how the Kotak Premier Income Plan works for him with a premium illustration table.
| Age of policyholder | Annual Premiums | Policy tenure | Sum Assured | Minimum Death Benefit |
| 35 years | Rs 1 lakhs | 19 years | Rs 7,76,070 | Rs 11,00,000 |
Here are some features of Kotak Premier Income Plan:
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Here is the list of documents required to buy the Kotak Premier Income:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
You can buy the Kotak Premier Income 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 Income' 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 Premier Income Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
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