Saturday, April 12, 2014

Get Lifetime Pension Of Rs.70,608.

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Your ideal retirement solution
kotak Retirement Solutions
Click here to know about Cashback Pension
1As per the solution the monthly pension amounts to Rs.5884 hence annual pension amount is
Rs. 70,608. This advertisement is designed for combination of Benefits of two individual products named Kotak Assured Savings Plan and Kotak Lifetime Income Plan with cashback option. The Customer has the choice of purchasing any one product as per his/her need and choice and there is no compulsion whatsoever that these products are to be taken together as suggested by the Insurer and presented in this advertisement. The customer is expected to ask questions, understand and satisfy himself that the combination meets his/her specific needs better before deciding to purchase the combination. This Benefit Illustration is the arithmetic combination and chronological listing of combined benefits of individual products for a 40 year old healthy male. The customer is advised to refer the detailed sales brochure of respective individual products mentioned herein.
The benefits available under the combination solution shall be as per the respective product's policy terms and conditions. The benefit of this combination solution shall become payable only if all premiums for the entire policy term / premium payment term are paid in full, as the case may be. The illustration shown is for annuity rates as on 16th September 2013. The pension will depend on annuity rates prevailing at the time of inception for actual pension payment. The premium quoted is only basic premium. The Above premium figures are exclusive of Service Tax. Service tax and Cess thereon, shall be charged as per the prevalent tax laws over and above the said premiums. Tax Benefits are subject to change in tax laws. You are advised to consult your tax advisor to details. Kotak Assured Savings Plan UIN No.: 107N081V01, Form No.: N081. Kotak Lifetime Income Plan UIN: 107N047V01, Form No: N047. Ref. No.: KLI/13-14/E-WEB/244. Insurance is the subject matter of solicitation. Kotak Assured Savings Plan is a savings-cum-protection oriented non-participating endowment assurance plan. Kotak Lifetime Income Plan is a non-linked non-participating savings oriented annuity plan. For more details on risk factors, terms and conditions please read the sales brochures carefully before concluding a sale. Kotak Mahindra Old Mutual Life Insurance Ltd., Regn. No.: 107, Regd. Office: 4th Floor, Vinay Bhavya Complex, 159A, C.S.T. Rd., Kalina, Santacruz (East), Mumbai -400098.
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