Kotak SmartLife Plan

You earn and work hard to accomplish your dreams and aspirations at every stage of life. In this journey, you will come across some unexpected financial commitments as well as planned ones like marriage; child education etc. During your golden years of retirement when income earning capacity reduces, it becomes even more difficult to fulfill these dreams and aspirations.

What if you have a support that will not only help you in fulfilling your dreams but will also take care of your near and dear ones in case you are not around …

To support you in this journey, Kotak Life proudly presents “Kotak SmartLife Plan”, a limited pay participating endowment plan which will provide you option either to receive Cash bonus payouts every year right from the end of 1st policy year onwards to take care of interim financial requirements or utilize such Cash bonuses for accumulating and creating a corpus to fulfill bigger goals and plan for a stress-free life.

Key Features

Offers Protection

Offers Protection

Convenience of choosing Bonus options

Convenience of choosing Bonus options

Bonus Option

Bonus Option

Additional Protection Rider

Additional Protection Rider

Eligibility

Entry Age of Life Insured (as on last birthday)

Eligibility

Maturity Age of Life Insured (as on last birthday)

Eligibility

Policy Term

Eligibility

Basic Sum Assured

Eligibility

Premium Levels

Eligibility

Premium Payment Term

Eligibility

Premium Payment Mode

Eligibility

Premium Modal Factor

Additional Protection with Optional Riders

Additional Protection with Optional Riders

Kotak Term Benefit Rider

Additional Protection with Optional Riders

Kotak Accidental Death Benefit Rider

Additional Protection with Optional Riders

Kotak Permanent Disability Benefit Rider

Additional Protection with Optional Riders

Kotak Life Guardian Benefit Rider

Additional Protection with Optional Riders

Kotak Critical Illness Plus Benefit Rider

Calculate premium

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Downloads

Download the brochure to know more about the plan and how it can benefit you.

Read about Tax benefits & Plan Disclaimer

Tax Benefits:

You may avail of tax benefits under Section 80C and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant. Goods and Services Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.

Terms & Conditions:

Kotak SmartLife Plan UIN: 107N102V03, Form No: N102, Kotak Term Benefit Rider UIN: 107B003V03, Form No.: B003, Kotak Accidental Death Benefit Rider UIN: 107B001V03, Form No.: B001, Kotak Permanent Disability Benefit Rider UIN: 107B002V03, Form No.: B002, Kotak Critical Illness Plus Benefit Rider UIN: 107B020V01, Form No.: B020, Kotak Life Guardian Benefit Rider UIN: 107B012V02, Form No.: B012, Kotak Accidental Disability Guardian Benefit Rider UIN: 107B011V02, Form No: B011. Ref. No.: KLI/23-24/E-WEB/923

This is a Savings-cum-Protection oriented Participating Endowment plan. Benefits under this plan are dependent upon the performance of the participating Funds. Please note that Bonuses are NOT guaranteed and may be declared by the company from time to time. For sub-standard lives, extra premium may be charged based on Kotak Life Insurance’s underwriting policy. This website content only gives the salient features of the plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Regn. No.:107, CIN: U66030MH2000PLC128503;

Regd. Office:

8 th Floor, Plot # C- 12, G- Block,

BKC, Bandra (E), Mumbai – 400051.

Toll Free No:1800-209-8800Trade 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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