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Insurance Company
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Kotak Mahindra Old Mutual Life Insurance Ltd
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Plan Name
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Kotak Surakshit Jeevan Plan
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Plan Nature
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TRADITIONAL
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Plan Category
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Investment Plan
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UIN No.
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107N042V01
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About Plan
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It is an enhanced protection and long-term savings plan, ensures your family remains financially independent even if you are not around. It is an insurance plan that helps you keep pace with changing needs at every step of life, be it protection for your family or savings for the future.
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Minimum Entry Age
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0 years
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Maximum Entry Age
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60 years
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Maximum Maturity Age
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70 years
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Minimum Policy Term
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10 years
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Maximum Policy Term
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25 years
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Minimum Premium
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Rs.3500
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Maximum Premium
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Rs.35000
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Benefits
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| No data for Benefits |
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Tax Benefits
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| Section | Description |
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SEC 80 C
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Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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Kotak Permanent Disability Benefit (Rider) [107C002V01]
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Kotak Life Guardian (Rider) [107C012V01]
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To ensure that your life is adequately covered at every step, our 'Enhanced Protection' benefit automatically boosts life cover (Basic Sum Assured) after Year 5 by 100%. The increased cover continues throughout the remaining term of the insurance policy.
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To ensure that you accumulate a substantial lump sum as the years go by, i.e. Maturity Benefit, this savings plan enables you to set aside modest amounts in a well-planned manner.
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Bonuses to boost your savings
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Flexibility to meet diverse requirements
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21-Jan-09
11:52
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Kotak Life ties up with DHFL Vysya
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15-Jan-09
14:10
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Kotak Life registered a growth of 63%
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24-Dec-08
14:50
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Kotak Life launches interactive Web site
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22-Oct-08
12:10
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Kotak Life launches Kotak long life
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16-Oct-08
11:59
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Insurance cover for student loans
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15-Oct-08
09:35
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Allahabad Bank signs MoU with Kotak Life Insurance
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01-Sep-08
09:35
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Other Insurers to follow Kotak's strategy on cut insurance cost
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28-Aug-08
20:41
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Kotak Life insurance brings down term plan rates up to 40%
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