Kotak Secure Return Superannuation Plan

Kotak Secure Return Superannuation Plan

Kotak Secure Return Superannuation Benefit is designed to cater to the needs of employers, trustees state governments, central government, PSUs planning to fund group members superannuation benefit schemes. It is comprehensive employee benefit solution to manage the superannuation schemes in the most efficient manner

Key features

Composite employee benefit solution to cater to the requirements of superannuation schemes
The nature of the schemes may be Defined Benefit (DB) or Defined Contribution DC).Depending on the scheme rules, the benefits in the event of death, retirement or any other exit of the members as per scheme rules will be payable.

Competitive interest rate declared at the beginning of every quarter
At the beginning of each calendar quarter KLI will declare a non negative return applicable for that quarter.

Additional protection
Option to provide additional life cover at additional cost through Kotak Term Group Plan

Convenient renewal process
This is an annually renewable policy, which will be auto-renewed subject to availability of sufficient premiums.

Eligibility

Age criteria
Age at entry as on last birthday): Minimum: 18 Years | Maximum: 85 Years
Max Maturity Age (as on last birthday): 86years

Term
1 year renewable

Contribution
Min. Defined Benefit: Rs. 2,00,000
Defined Contribution: Rs. 500 per memberMax: No Limit
Know More About Our Other Group Insurance Offerings.