1. CHILD PLAN POLICY
KOTAK CHILD EDU PLAN
An anticipated endowment child benefit assurance
plan

2. INTRODUCTION
 Child’s future is a priority
 Focus’s on the subject – Start saving today to
ensure a bright tomorrow for your child
KotakLife Insurance presents Kotak Child Edu Plan.
This is a limited premium 'with profits' plan with
guaranteed payouts in form of Edu Boosters. They
provide life cover for the entire policy term thereby
protecting the family, in case of an unfortunate
event

3. HOW DOES THE PLAN WORK?
 At age 15: Learning time (15% of S.A)
 At age 17: Time for Higher Education (20% of S.A)
 At age 19:Additional Needs (30% of S.A)
 At age 21:Financial Independence (60% of S.A)
Maturity Benefits include:
In addition to Edu Booster, at the end of the policy
term, Accrued Revisionary Benefits and Terminal Bonus
(if any) will be payable.
TOTAL BENEFITS OF 125% OF S.A, PLUS
BONUSES!!!!

4. PROTECT YOUR CHILD’S FUTURE THROUGH
LIFE INSURANCE COVER
Kotak Child Edu Plan ensures that your child gets all the
benefits as planned by you.In the event of your
unfortunate demise, this plan will support your child
with the following benefits
Death Cover
 200% of Sum Assured (S.A)
 Future premium payment obligation ceases and policy
continues as planned.
 The EDU BOOSTERS will be paid as planned.
 Accured Reversionary Bonues (if any) will be paid at
maturity.
 Future Reversionary Bonues (if any) and Terminal
Bonuses(if any) shall also be paid at maturity.

5. ENSURE CERTAINTITY OF THE BENEFITS EVEN
ON ACCIDENTAL DISABILITY
Benefit on accidental disability
 Future premium payment obligation ceases and policy
continues as planned.
 The EDU BOOSTERS will be paid as planned.
 Accured Reversionary Bonues (if any) will be paid at
maturity.
 Future Reversionary Bonues (if any) and Terminal
Bonuses(if any) shall also be paid at maturity.

6. In case of your unfortunate demise during the policy
term after the benefits on
accidental disability have been availed, this plan will
support your child with additional benefits:
Death benefit after accidental disability
 200% of Sum Assured (S.A)
 Policy continuesfor the original policy term.

7. ENHANCE PROTECTIVE COVER THROUGH
OPTIONAL RIDERS
To customize the level of protection
 Kotak Term Benefit/Kotak Preferred term Benefit-
Lump sum benefit paid on death.
 Kotak Accidental Death Benefit - Lump Sum paid
on accidental death.
 Kotak Permanent Disability Benefit – Installments
paid on being permanently disabled as a result of
an accident.

8. ADDITIONAL FEATURES
Additional features Benefit
High Sum Assured If you opt to take a large S.A you can
Discount benefit from High S.A Discount. For S.A
equal to Rs.5,00,000 or more, a Premium
discount of Rs.2 per Rs.1000 Basic S.A
shall be applicable
Reduced Paid-Up Benefit After 3 years' premiums have been paid,
if the subsequent premiums are not paid
within the grace period, the policy will
automatically be made paid-up to ensure
that you continue to enjoy policy benefits.
Future benefits will be based on the
Reduced Paid-Up S.A.
Convenient premium Pay your premiums annually, half-yearly,
payment modes quarterly or monthly mode.

9. ELIGIBILITY
 This plan can be purchased by the parents/grand
parents of child or individuals who want to protect
the child’s future e.g. child’s uncle /aunt etc.

10. Life Insured Parent/ Grand parent of the child
Entry Age Minimum: Child 0 years; life insured
18 years.
Maximum: Child 10 years; life
insured 64 years.
Maturity Age Minimum: Child 21 years; life
insured 29 years
Maximum: Child 21 years; life
insured 75 years.
Policy Term 21 years less entry age of child
Minimum: 11 & Maximum: 21
Premium Payment Term 17 years less entry age of child
Sum Assured Minimum: 200000 Maximum :No
limits.
Premium Based on sum assured
Premium Modal Factor Yearly: 100%, Half Yearly 51%,
Quarterly 26%, Monthly 8.8%

11. ILLUSTRATION
 Given below is an illustration of the benefits
payable for R.S. 5,00,000 sum assured, Premium
R.S. 52,305, Child’s age 5 years & father’s age 35
years. Policy term is 16 years & premium payment
term is 12 years:

12. CONTINUED…..
Age of Child Cumulate Edu Cumulat Maturit Maturity Death
life age d booster ed edu y benefits benefits
insured (yrs) annualize payouts booster benefits at (R.S.( 2x
(yrs) d payouts at lower higher sum
premium( rates(R. rates(R. assured
R.S. S. S. )
45 15 5,23,050 75,000 75,000 75,000 75,000 10,00,00
0
47 17 6,27,660 1,00,000 1,75,000 1,75,00 1,75,000 10,00,00
0 0
49 19 6,27,660 1,50,000 3,25,000 3,25,00 3,25,000 10,00,00
0 0
51 21 6,27,660 3,00,000 6,25,000 7,25,,00 10,75,00 10,00,00
0 0 0