Kotak Guaranteed Savings Plan

This plan ensures a better future of your loved ones on your absence. This is a plan that provides Monthly Income which increases @ 6% p.a. compounding for the remaining policy term in the unfortunate event of your death along with a lump sum Assured Benefit to take care of immediate requirements.

Key Features

  • Limited premium payment option
  • After premium payment term, plan will accrue Guaranteed Additions for remaining term
  • Lump sum Guaranteed Loyalty Addition at the end of the policy term
  • Enhanced protection through optional riders


  • 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 benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Service Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.
  • Death Benefit:
In the unfortunate event of death during the term of the policy, the nominee will receive: Sum Assured on Death PLUS Accrued Guaranteed Additions
  • Maturity Benefit:
At the end of the policy term, following Guaranteed Maturity Benefit will be paid out:
1) Basic Sum Assured PLUS
2) Accrued Guaranteed Additions PLUS
3) Loyalty Addition

Am I eligible?

ENTRY AGE 3 years 60 years
MATURITY AGE 18 years 75 years
POLICY TERM 14/15/16/20 years
SUM ASSURED Will be derived basis Premium, Age PPT and Policy Term
For 8 PPT: 16 years
For 10 PPT: 15 years
For 10 PPT: 20 years
PAYMENT MODE Yearly, Half-yearly, Quarterly and Monthly


You may enhance your protection under this Plan by opting for the following rider(s):
Increase the protection level under the plan by choosing from wide range of optional riders:

Kotak Term Benefit Rider (UIN: 107B003V03):

Allows additional death cover on the life of Life Insured over and above the base plan’s Death Benefit.

Kotak Accidental Death Benefit Rider (UIN:107B001V03):

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

Kotak Permanent Disability Benefit Rider (UIN:107B002V03):

On permanent disability caused due to accident, 120% of Rider Sum assured will get paid out over a period of 5 years.

Kotak Life Guardian Benefit Rider (UIN: 107B012V02):

On death of Policyholder, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits.

Kotak Accidental Disability Guardian Benefit Rider (UIN 107B011V02):

On accidental disability of Policyholder / Life Insured, future premiums of the plan will get waived off and the base plan will continue as it is without any change in the plan benefits. For more details on riders and exclusions please refer to the Individual Rider Brochure before concluding the purchase

What if?

I am unable to pay the premium

Grace period of 30 days will be provided and you should pay the premium with in the specified time period.

I want to take a loan

Loan option is available under this policy