If you’re looking for immediate and regular pension (called annuity), there is a good news for your. Kotak life insurance has launched a new product called e-lifetime Income Plan, which allows the investor to start immediate annuity. Kotak e-Lifetime Income Plan is unique in that offers...
Save for 2 children with one plan.
This is a non-participating plan that covers you throughout the term and on maturity returns all the premiums paid by you.
You may choose your life cover from Simple Protection to Double Protection to match your family’s lifestyle.
During the term of the plan, returns are earned on a compounding basis, accumulating to create a substantial corpus for you.
From year 2 onwards, 100% of your premiums are allocated to your fund, thereby maximizing the value of your investments.
Avail of cash in case of need through partial withdrawals.
This plan is ideal for you if you are planning to avail of a loan.
Tax Benefits can be availed under section 80C and 10(10D) of Income Tax Act, 1961.
Kotak Eternal Life Plans are participating whole life plans that provide enhanced protection till the golden age of 99.