Trade Logos displayed above belong to Kotak Mahindra Old Mutual Life Insurance Limited's promoting partners Kotak Mahindra Bank Limited and Old Mutual plc and are used by Kotak Mahindra Old Mutual Life Insurance Limited under license.
*The benefits are Guaranteed only if policy is in force and all premiums are paid. AThe quantum of income tax benefits mentioned in the illustration is based on rate of tax which is currently prescribed under Finance (No.2) Act 2014 as applicable for taxable income of Rs.10,00,000 & above up to Rs.1 crore. Tax rates are including education cess and Higher Education cess. 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. $The above premium figures are exclusive of Service tax. Service tax and cess thereon, shall be charge as per the prevalent tax law over and above the said premiums. Above example is for Rs.50,000 premium, 10 year PPT & 20 year policy term for a 35 year old healthy male. Guaranteed Yearly additions will be paid out on Maturity or death. Guaranteed loyalty additions will be paid out at Maturity. #The above percentages are for 10 year PPT 20 years policy term. If you opt for 6 or 7 years of PPT, the Guaranteed Yearly Addition % will be 8% & 9 % resp and Guaranteed loyalty Addition % will be 12% & 14% resp. Guaranteed Yearly Addition is a percentage of cumulative annually premium and Guaranteed Loyalty addition is a percentage of the Basic Sum Assured.
Kotak Assured Savings Plan – UIN : 107N081V01, Form No. - N081. The is a savings-cum-protection oriented non-participating endowment assurance plan. For more details on risk factors, term and conditions please read the sales brochure carefully before concluding a sale. Insurance is the subject matter of solicitation.