KotakK Premier Pension Plan

This plan helps you to accumulate a retirement kitty for the golden years to help you lead a comfortable and worry-free retirement life. This plan is a participating plan with assured benefits on death and vesting.

Key Features

  • In the first 5 policy years, Guaranteed Additions as % age of Basic Sum Assured will accrue payable either on maturity or on death whichever is earlier.
  • Bonuses start accruing from 6th year onwards.
  • Assured Benefit


  • 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 the unfortunate event of death of the Life Insured during the term of the plan, the nominee will receive the following:
1) Assured Benefit PLUS
2) accrued Guaranteed Additions PLUS
3) accrued Reversionary Bonuses and Terminal Bonus, if any

Am I eligible?

ENTRY AGE 30 years 60 years
MATURITY AGE 45 years 70 years
POLICY TERM 10 years 30 years
SUM ASSURED Rs.2,00,000 Subject to underwriting
PREMIUM PAYMENT TERM Regular Pay: Same as policy term
Limited Pay: 10 and 12 years
Single Pay
PAYMENT MODE Yearly, Half-Yearly, Quarterly and Monthly


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

Kotak Accidental Death Benefit Rider (ADB):

Lump sum benefit paid on accidental death.

Kotak Permanent Disability Benefit Rider (PDB):

Instalments paid on admission of a claim on becoming disabled due to accident. 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 premium on time

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

No such option is available under this policy