Kotak Life insurance has launched the Kotak Assured Income Plan, which would provide guaranteed annual income to the insured for 20 years.
The Kotak Assured Income plan provides life cover for 30 years for a premium payment term of 15 years.
The plan would provide guarantee of a second income of up to 10.10 per cent of the sum assured to policyholders for a period of 20 years.
Advantages of Assured Income Plan
- Enjoy Assured Annual Income for 20 years
- Receive lump sum on maturity
- Provide protection to your family for 30 years
- Avail of policy loan to meet sudden expenses
- Boost your protective cover through optional rider benefits