Kotak e-Assured Savings Plan

This plan provides affordable protection and also helps to accumulate wealth for achieving future financial goals by giving guaranteed benefits. Moreover, it offers the convenience of buying this plan online through our website.

Key Features

  • Guaranteed Maturity Benefit payable at maturity
  • Increasing life cover
  • Longer the premium commitment, higher the benefits
  • More value for money
  • Option to enhance Protection


  • Tax Benefits:
Tax benefits are subject to conditions specified under section 10(10D) and section 80C of the Income-tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant. Service Tax & Cess, as applicable shall be levied over and above premium amount shown here as per applicable tax laws.
  • Death Benefit
In case of an unfortunate event of death of the life insured during the term of the plan, your nominee will receive the following:
1) Basic Death Benefit, Plus
2) Guaranteed Yearly Additions accrued as on the date of death.
  • Maturity Benifit:
On survival till the end of the policy term, Guaranteed Maturity Benefit will be paid. Guaranteed Maturity Benefit is;
1) Basic Sum Assured, PLUS
2) Accrued Guaranteed Yearly Additions, PLUS
3) Guaranteed Loyalty Addition

Am I eligible?

ENTRY AGE 3 years 60 years
MATURITY AGE 18 years 75 years
POLICY TERM 10 years 20 yeasr
SUM ASSURED Determined on the basis of minimum premium amount,entry age,policy term and PPT.
PREMIUM PAYMENT TERM 5 pay – 10/15 years
10 pay- 15/20 years
PAYMENT MODE Yearly, Half-Yearly, quarterly and Monthly


To add to your protection, we offer a choice of 2 riders:

Kotak Term Benefit Rider (UIN:107B003V03):

In case of death of the life insured, rider sum assured will be paid in addition to the death benefit under the base plan.

Kotak e-Accidental Death Benefit Rider (UIN: 107B019V01):

Lump sum benefit paid on accidental death of life insured in addition to Death Benefit under the base plan.

What if?

I am unable to pay premium on time

There is a grace period of 30 days from the due date of payment of premium for the yearly,half-yearls and quaterly mode,and 15 days for the monthly mode.

I want to take a loan

You can avail loans upto 50% of surrender value subject to a minimum loan amount of Rs.10,000.