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Kotak Life Premier Income Plan - Bonus Rates Calculate Maturity Value
Kotak Life Premier Income Plan - Bonus Rates Calculate  Maturity Value
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Bonus rates for Kotak Life Premier Income Plan

The table below shows the Bonus rates declared for Kotak Life Premier Income Plan from inception. You can use this to calculate the Kotak Life Premier Income 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 Premier Income Plan ( UIN - 107N099V01)

Year Premium Payment Term Bonus Rate
2018-19 Limited Pay of 8 years 2.90%
Limited Pay of 10 years 3.25%
Limited Pay of 12 years 3.50%
2018 Limited PPT of 8 years 2.90%
Limited PPT of 10 years 3.25%
Limited PPT of 12 years 3.50%
2017 Limited PPT of 8 years 2.90%
Limited PPT of 10 years 3.25%
Limited PPT of 12 years 3.50%

 

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 Premier Income Plan, you have to add all of the following - Accrued Simple Reversionary bonuses (if any) + 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 Premier Income Plan

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

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