Kotak Early Defined Guaranteed Earnings (EDGE) is a non-participating, non-linked individual savings product that combines life protection with guaranteed income and maturity benefits. The plan offers immediate or early income streams, optional Insta Cashback, flexibility in income frequency and long-term wealth creation while ensuring family protection.
Key Benefits
Guaranteed@ benefits through two plan variants: Insta Income and Early Income.
Life cover to ensure family financial security.
Avail Insta Cashback option at policy issuance.
Guaranteed income can start from the end of 13th month onwards.
Income benefit period of up to 40 years.
Flexibility to receive income as payouts or accumulate for future withdrawal.
Inbuilt health and wellbeing management services.
Female life insured receives additional guaranteed income benefit of 1%.
| Parameter | Eligibility |
| Entry Age (as on last birthday) | 91 days to 55 years |
| Risk Cover Commencement | Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest on the Life Insured on attainment of age 18 years. |
| Maturity Age (as on last birthday) | 21 years to 86 years |
| Premium Payment Terms | 6, 7, 10, 11 and 12 years |
| Policy Term | 21 years to 45 years. Policy Term = Deferment Period + Income Period |
| Deferment Period | 1 year to 5 years. Deferment Period will commence from inception of the policy and will be applicable only for Guaranteed Income. |
| Income Benefit Period | 20 years, 30 years or 40 years |
| Premium Payment Mode | Yearly (Insta Income); Yearly, Half-Yearly, Quarterly and Monthly (Early Income) |
| Premium | Minimum: ₹50,000 per annum; Maximum: Subject to underwriting guidelines |
| Plan Options | Insta Income and Early Income |
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