Bonus rates for Kotak Life Classic Endowment Plan

The table below shows the Bonus rates declared for Kotak Life Classic Endowment Plan from inception. You can use this to calculate the Kotak Life Classic Endowment Plan Maturity Value. Reversionary Bonus for your policy is calculated as a percentage of sum assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = (Sum Assured x Bonus Rate / 100) = 5,00,000 x Bonus Rate / 100

Reversionary Bonus for Kotak Life Classic Endowment Plan ( UIN - 107N082V01)

Year	Premium Payment Term	Bonus Rate
2018-19	Regular Pay	First 5 policy years : 2.50% After 5 policy years : 2.80%
	Limited Pay of 7 years	First 5 policy years : 2.75% After 5 policy years :3.10%
	Limited Pay of 10 years or more	First 5 policy years : 2.60% After 5 policy years : 2.95%
2018	Regular PPT - First 5 Policy Yr  | After 5 Policy Yr	2.50% | 2.80%
	Limited PPT 7 years - First 5 Policy Yr | After 5 Policy Yr	2.75% | 3.10%
	Limited PPT of 10 yrs or more - First 5 Policy Yr | After 5 Policy Yr	2.60% | 2.95%
2017	Regular PPT - First 5 Policy Yr  | After 5 Policy Yr	2.50%
	Limited PPT 7 years - First 5 Policy Yr | After 5 Policy Yr	2.75%
	Limited PPT of 10 yrs or more - First 5 Policy Yr | After 5 Policy Yr	2.60%
2016	Regular PPT - First 5 Policy Yr  | After 5 Policy Yr	2.50%
	Limited PPT 7 years - First 5 Policy Yr | After 5 Policy Yr	3.00%
	Limited PPT of 10 yrs or more - First 5 Policy Yr | After 5 Policy Yr	3.00%
2015	Regular PPT - First 5 Policy Yr  | After 5 Policy Yr	2.50%
	Limited PPT 7 years - First 5 Policy Yr | After 5 Policy Yr	3.00%
	Limited PPT of 10 yrs or more - First 5 Policy Yr | After 5 Policy Yr	3.00%
2014	Regular PPT - First 5 Policy Yr  | After 5 Policy Yr	2.50%
	Limited PPT 7 years - First 5 Policy Yr | After 5 Policy Yr	3.00%
	Limited PPT of 10 yrs or more - First 5 Policy Yr | After 5 Policy Yr	3.00%

 

Terminal Bonus

Terminal bonus is the Bonus paid out upon the termination of the policy either on maturity or in the unfortunate event of death subject to conditions in the base plan, wherein bonus may be payable only after completion of certain number of policy years. This bonus rate will be based on either Basic Sum Assured or Accumulation Account depending on the plan type.
 

Maturity Benefit

So to get to the Maturity benefit of Kotak Life Classic Endowment Plan, you have to add all of the following - Sum Assured on Maturity + Accrued Reversionary Bonus + Terminal Bonus(if any)

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your Kotak Life Classic Endowment Plan

Please contact the Kotak Life's office for exact details of the bonus which has accrued in your plan.