Kotak Preferred Term Plan
Non-unit linked non participating pure protection oriented plan
- High level of protection at a nominal cost.
- Two death benefit payout options i.e. Immediate Payout or Recurring Payout.
- Step up / Step Down options to increase / decrease cover.
- Preferential rates for female lives & non-tobacco users.
- Flexible premium payment options.
- Customize protection through available Rider.
- Tax benefit on premiums paid u/s 80(C) and benefit received u/s 10(10D) of Income Tax Act, 1961.