Kotak Signature Term Plan is a non-participating, non-linked life insurance individual pure risk product designed for high net-worth and affluent customers seeking substantial protection cover. The plan provides large life cover, wellness benefits, rider options and instant claim payout support while ensuring long-term financial security for loved ones.
Key Benefits
High insurance cover at economical premium rates.
Special 16% discount for female lives on all premiums.
5% additional discount on 1st year for salaried customers and existing customer segments.
Enhanced protection through Accidental Death, Permanent Disability and Critical Illness Riders.
Coverage up to age 85 years.
Instant payout of ₹2 lakh* on eligible claim intimation.
Option to get Return Of Premiums through Special Exit Value~ feature.
Inbuilt health and wellness management services.
| Parameters | Eligibility | |||||||||||||||||||||||||
| Entry Age (as on last birthday) | 18 years to 65 years (50 Years - For Pay till 60 Years) | |||||||||||||||||||||||||
| Maturity Age (as on last birthday) | 23 years to 85 years | |||||||||||||||||||||||||
| Premium Payment Term / Policy Term | Regular Payment Option:
Limited Payment Option:
Single Payment Option
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| Premium Payment Mode | Single, Yearly, Half-Yearly, Quarterly and Monthly. | |||||||||||||||||||||||||
| Basic Sum Assured | Minimum ₹2 Crore; Maximum subject to underwriting guidelines. | |||||||||||||||||||||||||
All the references to age are Age as on last birthday.
Insurance is a subject matter of solicitation. Sharekhan Ltd. acts solely as a distributor of Life Insurance and does not underwrite risks or process claims. For detailed Insurance Disclaimer and other details, click here.
