Bonus rates for Kotak Premier Life Plan

The table below shows the Bonus rates declared for Kotak Premier Life Plan from inception. You can use this to calculate the Kotak Premier Life 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 Premier Life Plan ( UIN - 107N096V01)

Year	Premium Payment Term	Bonus Rate
2018-19	Limited Pay of 8 years	3.25%
	Limited Pay of 12 years	3.30%
	Limited Pay of 15 years	3.35%
	Limited Pay of 20 years	3.50%
2018	Limited Pay of 8 years	3.25%
	Limited Pay of 12 years	3.30%
	Limited Pay of 15 years	3.35%
	Limited Pay of 20 years	3.50%
2017	Limited Pay of 8 years	3.00%
	Limited Pay of 12 years	3.00%
	Limited Pay of 15 years	3.00%
	Limited Pay of 20 years	3.00%
2016	Limited Pay of 8 years	3.00%
	Limited Pay of 12 years	3.00%
	Limited Pay of 15 years	3.00%
	Limited Pay of 20 years	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 Premier Life Plan, you have to add all of the following - Sum Assured on Maturity + Cash Bonus (if any) + Paid-Up Additions Bonus (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 Premier Life Plan

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

You can read know more about the plan and it’s working here - Kotak Premier Life Plan Review