Search
Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Invest

Insurance and Investment in one plan.

Kotak e-Term

Protect your family's financial future.

Kotak Guaranteed Fortune Builder

A plan that offers guaranteed income for your future goals.

Kotak T.U.L.I.P

A plan that works like a term plan, and Earns like ULIP Plan.

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family.

Kotak Assured Pension

A plan that offers immediate or deferred stream of income

Kotak Lifetime Income Plan

Retirement years are the golden years of life.

Kotak Guaranteed Savings Plan

A plan that offers long term savings and life cover.

Close

Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query
Clear

Thank you

Our representative will get in touch with you at the earliest.

Kotak Group Assure

A Group Credit Reducing Cover Insurance Plan

Secure your dreams and your family as well

Everyone has big dreams and aspirations for your family’s future and you pick the best financial loans available to bridge the financial gap.Kotak Group Assure Plan protects the family of the life insured from risk of loan liability falling on their head in case of the demise of the insured. At the same time, it shields credit institutions from the risk of loan non-payments due to death, illness and disability. It also helps to protect customer’s assets and savings in the unfortunate event of death, illness or disability.

Key Features

  • Protection against a loan liability

    Protection against a loan liability

    Kotak Group Assure is a group credit insurance policy that provides cover that is equal to the outstanding balance of the loan amount, as per the loan repayment schedule, as per the cover schedule provided by the Insurer. The benefit will be payable to the borrower/nominee/legal heir in case of occurrence of the insured event to the extent of the outstanding loan amount as per the cover schedule provided by the Insurer. It gives peace of mind to customer's family by relieving the loan liability and eliminates the risk of non-repayment due to the insured event.

  • Comprehensive coverage

    Comprehensive coverage

    Kotak Group Assure is one of the group insurance plans that provides protection in case of death of the customer and also in case of other unfortunate events including: Disability, Critical illness, Terminal illness

  • Various plan options for different needs

    Various plan options for different needs

    To better suit your needs, the Kotak Group Assure is available in following options: Easy Group Assure Group Assure Group Assure plus Disability Benefit Group Assure Plus Critical Illness Benefit Joint Life Cover

Eligibility

  • Eligibility
    ^Note:- In case of minor life insured, an appointee shall be required.
    Plan Options Easy Group Assure
    Group Assure    		 Group Assure plus Disability Benefit
    Group Assure plus Critical Illness Benefit
    Minimum Group Size 50 Members 50 Members
    Entry Age ^ (last birthday) Min : 15 years
    Single Premium : Max: 73 years
    Regular Premium: Max: 70 years     		Min : 18 years
    Single Premium : Max: 63 years
    Regular Premium: Max: 60 years
    Cover Cease Age (last birthday) Max : 75 years Max : 65 years
    Cover Term For Single Premium :
    Min : 2 years
    Max : 30 years (subject to maximum maturity age being less than or equal to 75)

    For Regular Premium :
    Min : 5 years
    Max : 30 years (subject to maximum maturity age being less than or equal to 75)    		 For Single Premium :
    Min : 2 years
    Max : 30 years (subject to maximum maturity age being less than or equal to 65)

    For Regular Premium :
    Min : 5 years
    Max : 30 years (subject to maximum maturity age being less than or equal to 65)
    Premium Payment Term Single Premium Or Regular: Full policy Term
    Sum Assured For Easy Group Assure :
    Min: Rs. 5,000
    Max : No limit

    For Group Assure :
    Min: Rs. 25,000
    Max : No limit    		 For Group Assure plus Disability Benefit :
    Min: Rs. 25,000
    Max : No limit

    For Group Assure plus Critical Illness Benefit :
    Min: Rs. 100,000
    Max : No limit

    Know More About Our Other Group Insurance Offerings.

Downloads

Download the brochure to know more about the plan and how it can benefit you.

Need help buying a plan?

Request a Relationship Manager

Select City
Select Member Count
Select Plan
Submit Clear
>

Mail us on kli.business-solutions@kotak.com

Mail your queries to us and we will answer them at the earliest.

Read about Tax benefits & Plan Disclaimer

Tax benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. It is advised to consult your tax advisor for details.

Kotak Group Secure One: UIN: 107N098V05, Form No: N098; Kotak Accidental Death Benefit Rider UIN: 107B005V06, Form No. B005; Kotak Accidental Disability Benefit Rider UIN: 107B008V03, Form No. B008; Kotak Critical Illness Plus Benefit Rider UIN: 107B015V06, Form No. B015. This is a non-participating term group plan. This website content only gives the salient features of the plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale. For more details on Rider benefit, please refer the Rider Sales Brochure.

Kotak Mahindra Life Insurance Company Ltd.;

Regn. No.: 107,

CIN: U66030MH2000PLC128503,

Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC,

Bandra (E), Mumbai - 400 051.

Website:https://www.kotaklife.com| Email: kli.groupoperations@kotak.com | Toll Free No: 1800 120 7856

Ref No: KLI/23-24/E-WEB/1180

Regd. Office:

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.

Similar plans

  • Icon for employee benefit

    Kotak Credit Term Group Plan

    Kotak Credit Term Group Plan provides life cover to a group of borrowers of credit institutions where the life assured is the borrower and the credit institution is the beneficiary.

    Know more
  • Icon for employee benefit

    Kotak Complete Cover Group Plan

    Kotak Complete Cover Group Plan is a non-participating single-premium plan that provides life cover to a group of borrowers of the credit /lending institutions.

    Know more
  • Icon for employee benefit

    Kotak Group Shield

    Kotak Group Shield Plan covers your customers' loans and savings and protects the well-being of your customers and their family members in the event of death, illness or disability.

    Know more
,