Is there any option where I can restrict my premium payment for a lesser number of years than the duration of the policy?
Is there any option where I can restrict my premium payment for a lesser number of years than the duration of the policy?
Yes. With the Kotak Classic Endowment Plan, there is a Limited Premium Payment (LPP) option. Under this option you can take a policy for 15 to 30 years and opt for paying premiums term of either 7 years for 15 years policy term or policy term less 5 years. This option is suitable for people who are sure of secured income only for a specified period of their earning life during which they want to pay off all their premiums.
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By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
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