March 28th, 2016 11:32 AM | |
Sumit Bhardwaj | Re: Ing Vysya Life Insurance Plans On your concern buddy I would like to tell you that Ing Vysya bank is now Kotak Mahindra Bank and here I will help you to get the information about Kotak Premier Life Plan offer to there customers. Here is the eligibility criteria to apply for the plan Entry Age Min: 3 years Max: 8 years PPT - 55 years 12 years PPT - 53 years 15 years PPT - 50 years 20 years PPT - 45 years Maturity Age 99 years Premium Payment Term (PPT) Fixed PPT of 8, 12, 15 and 20 years Policy Term 99 years less entry age Premium Payment Option Limited pay Minimum Premium Determined on the basis of Sum Assured on maturity, entry age, gender and premium payment term Maximum Premium No limit, subject to underwriting Minimum Sum Assured on maturity 2,00,000 Premium Payment Mode Yearly, Half yearly, Quarterly and Monthly Modal Factor (% of annual premium) The following modal loadings will be used to calculate the installment Premium. Yearly - 100% Half yearly - 51% Quarterly - 26% Monthly - 8.8% Additional protection in this plan Kotak Term Benefit Rider: In case of death of the life insured, rider sum assured will be paid in addition to the death benefit under the base plan. Kotak Accidental Death Benefit Rider: In case of death of the life insured due to accident, rider sum assured will be paid in addition to the death benefit under the base plan. Kotak Permanent Disability Benefit Rider: In case of life insured being permanently disabled due to accident, benefit is paid in installments. Kotak Life Guardian Benefit Rider: In case of death of the policyholder (if different from Life Insured), outstanding premiums are waived and will be paid by Kotak Life Insurance. Kotak Accidental Disability Guardian Benefit Rider: In case of accidental disability, outstanding premiums are waived and will be paid by Kotak Life Insurance. Advantages of the plan Participating whole life plan offering protection up to the age of 99 years Simple Reversionary bonus declared from 1st policy year till the end of Premium payment term and Cash Bonus after the expiry of Premium payment term Option to either receive bonus payouts or accumulate them under the policy More value for money through discount in premium for high Sum Assured on maturity and female lives Option to enhance protection through a wide range of Riders Tax benefits u/s Sec 80(C) and 10(10D) of the Income Tax Act Address:- ING Vysya Bank ING Vysya House, No. 22, M.G. Road Bengaluru Karnataka 560001 Phone:- 080-25005000 |
March 28th, 2016 11:14 AM | |
Unregistered | Ing Vysya Life Insurance Plans Hey buddy will you please get the information about the Kotak Premier Life Plan offer by Ing Vysya bank for that will you please get the information? |