What is the Kotak Retirement Income Plan?
The Kotak Retirement Income Plan is a savings plan designed to meet your post-retirement needs. It gives you the choice to remain independent even after retirement.
The Kotak Retirement Income Plan is a participating plan. The plan comes in two forms:
(i) With Cover (ii) Without Cover.
What are the advantages of this plan?
You can choose to retire at any age between 45 yrs and 65 yrs
Protection for your family in case of any unforeseen events like death
Option of Early retirement due to ill-health
You may exercise the option of paying premiums from the Top-Up Account, created for "top-up premiums", if the need arises
Automatic Cover Maintenance ensures that the cover remains in force even when you miss the premium payments
You have the option of paying premiums in quarterly, half-yearly or yearly installments
Kotak Retirement Income Plan includes with cover & without cover - UIN 107N013V01 (with cover) and UIN 107N014V01 (without cover).
Insurance is the subject matter of the solicitation. This is a non-unit linked non-participating plan. For detailed terms and conditions, please read the product brochure carefully.
|