Why Kotak – Reasons to invest with Kotak
About Kotak Life Insurance
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100 % Indian Owned Company with 17 Years experience
5th Largest & fastest Growing Indian Insurance company
1st Life insurance Co – to have Breakeven …
Profitable from past 11 Year continuously .
FY 2019 Profits – 507 Crore
Lives Covered as on March 2019 is – Over 3 Crore+
Kotak Life has topped Loyalty Charts - 87.2%
Claim Settlement Ratio* – 98.4% .
Claim Settlement Period – 7 Working Days .
Solvency Margin – 3.04 .( Against 1.5 if IRDA requirement )
244 Branches in 151 cities .
Total Employees- 1622 and more
Why Life Insurance
Men @ Work Vs Money @ Work
Men @ Work
Luxury
Comfort
Corpus
Amount
Hand to Mouth
Charity
Money @
Work
Money @
Work
INSTANT POWER FINANCIAL SOLUTION
MAGIC SAPLING
MAGIC SAPLING
Expectations from Customer out of
their Hard Earned Money Investment
• Good Return
• Liquidity – For Emergency, Living too Long, Non
Survival
• Tax Savings
• Flexible in Premium Payment
• Capital safety & Protection
• Tax Free Returns
* Kotak Assured Savings Plan *
Rs.5,00,000/- p.a.
Premium payment for 5 years
35
30
40
Life to be Insured : Mr. CUSTOMER
Age
: 30
Sum Assured
: 25,80,008
Premium p.a.
: 5,00,000
Guarantee Maturity Benefits @ 10
th
Total Payment
Tax Benefit
25,00,000
Sec 80 C( if any)
NET PAYMENT
22,75,000
year
*All Above illustrations not considering rider premium & service tax.
Guarantee Maturity
For 10 Years
TOTAL BENEFITS
TAX Benefit (Sec 10 10D)
33,63,009
TAX FREE
Just Save Rs.110/- per day and
Double Your savings to Get
Guaranteed Tax Free Lump Sum Money.
Unique Key Benefits :
1.
2.
3.
4.
5.
Easy Savings Option of Rs. 110 per Day through Pigmy habit.
Get Guaranteed return of Rs. 8 Lakh Plus at 20 th Year.
Tax Free Returns under Sec 10(10 D) i.e., No TDS, No Capital Gain, Non Taxable
Income and Tax Savings up to 1.5 Lakhs under 80 C
12.5 times Plus of Annual Premium as Life Cover for 1 st 10 Years and increased
life cover upto 20 plus times from 11th Year till 20th Year.
Easy 3 mode of Payment (Cheque or Net Banking or Credit Card) to process the
Daily Saving Habit along with Hundi Tool.
Wishing you all the Best for Guaranteed Asset Creation by way of regular Savings
Habit from KLI.
6 G LIFEBOOSTER SOLUTION IN THE 4G WORLD.
Enjoy GUARANTEED MONEY BACK -- 30%+ returns on Annual Premium
paid from 11th year onwards
Enjoy GUARANTEED MONEY BACK -- 5 TIMES of Annual Premium Paid on
15th year
Enjoy GUARANTEED MONEY BACK -- 8 TIMES of Annual Premium Paid on 20th
year (Maturity)
Enjoy GUARANTEED INFLATION PRROF 6% increase in payout every year
from 11th year onwards.
Enjoy GURANTEED EEE – TAX BENEFITS U/S – 80C & 10((10)D).
Enjoy GUARANTEED CAPITAL PROTECTION.
12
13
Kotak SmartLife Plan
A Limited Pay Non-Linked Participating Life Insurance plan
Smart child story
Mr.Deepak investing Rs. 10 lakhs /- per annum for10 years with Kotak
Smart Life Plan 1 Cr SA for his 11 years daughter Ms.Harshitha
1000000
Premium payment for 10 years
11
Onwards
Till
75
Age
4,72,50,500
3,22,500 per year and every year
Maturity Benefit
Risk Benefit on Proposer demise
On Risk occurrence to Proposer, All future premiums will be waved off and paid by company
Onwards…………………………………………………………………….. Till
49
59 y
Risk Benefit to Life insured
1Cr
11
11 times of Annual Premium + Bonus(if any)
4 Crores
Onwards…………………………………………………………………….. Till
Total Payment
Tax Benefit
10000000
Sec 80 C( if
any)
Maturity Benefit
Survival Benefits for
75 Age
47250500*
20317500
NET PAYMENT NA
sec 10 10 D
Tax benefits
Total
6,75,68,000
*All Above figures are at 8% illustrations and higher
tax slabsPayout
with 10L SA and not considering
rider premium.
56years
Kotak SmartLife Plan
A Limited Pay Non-Linked Participating Life Insurance plan
Smart child story
Mr.BASKARA MURTHY investing Rs. 505950 /-P.A for10 years with
Kotak Smart Life Plan 50Lakhs SA for his 18 years daughter Ms.MIRNALINI.B
505950
Premium payment for 10 years
18
Onwards
Till
75
Age
1,76,20,950
1,61,250 per year and every year
Maturity Benefit
Risk Benefit on Proposer demise
On Risk occurrence to Proposer, All future premiums will be waved off and paid by company
47
Onwards…………………………………………………………………….. Till
57 y
Risk Benefit to Life insured
55 lakhs
18
11 times of Annual Premium + Bonus(if any)
1,76 Crores
Onwards…………………………………………………………………….. Till
Total Payment
Tax Benefit
50,59,500
Sec 80 C( if
any)
Maturity Benefit
Survival Benefits for
75 Age
1,72,16,750*
90,30,000
NET PAYMENT 46,09,500
sec 10 10 D
Tax benefits
Total
2,62,46,750
*All Above figures are at 8% illustrations and higher
tax slabsPayout
with 10L SA and not considering
rider premium.
56years
Kotak SmartLife Plan
A Limited Pay Non-Linked Participating Life Insurance plan
Mrs. Mythily GrandMother investing Rs.2,00,767 every year
for 12 years with Kotak Smart Life Plan 23 Lakhs Sum Assured for his 03
Years grand Son Ram charan
2,00,767
Premium payment for 12 years
03
Onwards
Till
Age
1,50,91,105
Maturity Benefit
73,025 per year and every year
69 y
75
Onwards…………………………………………………………………….. Till
79 y
Risk Benefit to Life insured
23 l a khs
03
11 times of Annual Premium + Bonus(if any)
1.52 Cr
Onwards…………………………………………………………………….. Till
Total Payment
Tax Benefit
24,09,204
Sec 80 C( if
any)
NET PAYMENT
22,20,000
Maturity Benefit
Survival Benefits for 71
years
Tax benefits
Total Payout
75
Age
1,50,91,105*
51,84,775
sec 10 10 D
2,02,75,880
*All Above figures are at 8% illustrations and higher tax slabs with 10L SA and not considering rider premium.
Kotak SmartLife Plan
A Limited Pay Non-Linked Participating Life Insurance plan
Smart child story
Keerthika investing Rs. 1,00,000 every year for 10 years with Kotak Smart Life Plan 10
Lakhs Sum Assured for his Son Ajay
1,00,320
Premium payment for 10 years
07
Onwards
Till
75
Age
74,83,260M
32,250 per year and every year
aturity Benefit
Risk Benefit on Proposer incase of father demise
On Risk occurrence to Proposer, All future premiums will be waved off and paid by company
35 y
Onwards…………………………………………………………………….. Till
45 y
Risk Benefit to Life insured
24 l a khs
11
11 times of Annual Premium + Bonus(if any)
58 l a khs
Onwards…………………………………………………………………….. Till
Total Payment
Tax Benefit
10,00,000
Sec 80 C
( if any)
NET PAYMENT
7,00,000
Maturity Benefit
Survival Benefits for
67 years
Tax benefits
Total Payout
75
Age
57,44 ,650 *
21,60,750
sec 10 10 D
79,05,400
*All Above figures are at 8% illustrations and higher tax slabs with 10L SA and not considering rider premium.
Kotak SmartLife Plan
A Limited Pay Non-Linked Participating Life Insurance plan
Smart child story
Mr.SivaKumar investing Rs. 1.04 Lakhs /- P.A for 10 years with Kotak
Smart Life Plan 9.25 lakhs Sum insured
104553
Premium payment for 10 years
40
Onwards
Till
75
Age
15,37,581
29,831 per year and every year
Maturity Benefit
Risk Benefit to Life insured
11.50 lakhs
40 age
11 times of Annual Premium + Bonus(if any)
17.32 l a khs
Onwards
…………………………………………………………………….. Till
Maturity Benefit
Survival Benefits for 34
Tax Benefit
10,45,530
Sec 80 C
( if any)
NET PAYMENT
7,50,000
Tax benefits
Total Payment
years
Total Payout
75 Age
15,37,581 *
10,14,254
sec 10 10 D
25,51,835
*All Above figures are at 8% illustrations and higher tax slabs with 10L SA and not considering rider premium.
Kotak Life XL Plan – 4 In 1 Benefit
Life XL Matuirty
Rs. 3,00,000/- p.a.
Premium payment for 10 years
30
40
Life to be Insured : Mrs. PREMLATHA
Age
: 30
Sum Assured
: 36,76,261
Premium p.a.
: 3,00,000
4 Maturity Benefits @ 15 / 20 / 25 / 30
45
50
13,17,372
55
60
18,60,642
26,35,148
Every 5 Years 37,18,223
4 Times
Total Payment
Tax Benefit
30,00,000
Sec 80 C( if any)
Frequency of Maturity
No. of Maturity Benefits
NET PAYMENT
25,50,000
95,31,385
TOTAL BENEFITS
TAX Benefit (Sec 10 10D) TAX FREE
*All Above figures are at 8% illustrations and not considering rider premium & service tax.
Kotak Life XL Plan – 4 In 1 Benefit
Life XL Matuirty
Rs.1,00,000/- p.a.
Premium payment for 10 years
42
51
Life to be Insured : BARANIDHARAN
Age
: 41
Sum Assured
: 11,47,219
Premium p.a.
: 1,00,000
4 Maturity Benefits @ 15 / 17 / 19 / 21
Total Payment 10,00,000
Total Payout
20,90,481*
*All Above figures are at 8% illustrations and not considering rider premium.
56
58
4,22,258
60
62
4,82,784
5,52,623
6,32,816
BANDHAN
Joint Life solution
Premium Per Year is 100000 , Premium term is 12 yr
Maturity
Benefit
6 Yr
0 Yr
12Yr
18 Yr
24 Yr
70
%
SA
2L for X and Y
2L for X and Y
2L for X and Y
RB
% SA
TB
% SA
20. 8 L for X and
Y
On “X” Death =
Sum Assured on death PLUS accrued Reversionary bonuses and Terminal bonus (if any) paid to “Y”
For “Y “ Policy Continues with Premium Wavier and all survival Benefits will be paid accordingly like below
6 Yr
12 Yr
18 Yr
Accrued
Bonus
Sec 80 C
What X/Y Pay
What X&Y Get
Premium Per year
100000
Total Survival Benefits
6,00,000
PPT
12 Yrs
Benefit at Maturity
20,80,000
Net premiums paid
1200000
Net Pay out
26,80,000
Sec 10 10
D
The Above figures are for i llustrative purpose by considering 35Age a nd 8% returns, Actuals may Va ry
Magic Sapling
Power Financial Solution
Mrs Kaviya is a 34 year old and he is investing Rs.3,03,530 every
Year for 10 years with Magic Sapling Financial Life Plan.
T a x f r e e e n c a sh m e n t f o r f u t u r e N e e d s a n d L e g a c y Cr e a t i o n .
6,06,746 P A
Premium payment for 10 Years
34
49 to 64
44
98,362
From first year till
Maturity
Riythanshree &
ruvanshree
49 Age 12.88 / 53 Age 8.45 /
54 age 9.06 / 57 age 11.14
/59 yrs 12.77 / 61 yrs 14.61
/64 yrs 17.87
75 of age
87.60
+79.35
Maturity
Benefit @ 75
Increasing Financial protection even after money backs for needs.
Lump sum Cash Back
Total Payment
60.6,7460
NET PAYMENT
51,00,000
Taxfree Survival payout
Tax free Lump sum from 49 to
64
Tax free Maturity Benefit
64,91,892
86,81,679
1,66,95852
Total Payout
3,18,69,423
All Above figures are at 8% illustrations and considering higher Tax slabs
• Invest Rs. 2 Lakh only for
10 Years and get cover till
age 75
• From 2nd Year, will start
getting 15% tax free money
back on your Annual
Investment
• In 4 Instalments, you get
120% of premium total
premium paid by you (on
15th, 18th, 21st, 24th Policy
Year) : 24 Lakhs
• Continue to get 15% till
your age 75
• After 4 Maturity, One more
Maturity of 30 Lakhs at 75th
Age
• Money Back of 15% till age
75 & all 5 Maturities tax
free under Sec 10(10D)
Kotak Premiere Life Plan
A Limited Pay Non-Linked Participating Life Insurance plan
Mr. Director investing Rs. 10.6 Lakh every year for 12 years
with Kotak premiere Life Plan 1 Crore Sum Assured
10,60,200
Premium payment for 12 years
45
65
2,86 Cr
75
4.95 Cr
85
Till
7.84 Cr
99
16.92 Cr
Maturity
Risk Benefit to Life insured
11 times of Annual Premium + Bonus(if any)
45
65
75
100,00,000
3.42 Cr
5.87 Cr
Onwards
Total Payment
g
Tax Benefit
1,27,22,400
5,40,000
Sec 80 C( if any)
NET PAYMENT
1,21,82,400
85
9.38 Cr
99
16.72 Cr
Maturity Benefit
Tax benefits
16,92,83,673*
sec 10 10 D
Total Payout
16,92,83,673
*All Above figures are at 8% illustrations and higher tax slabs with 10L SA and not considering rider premium.