Now you can buy life insurance plans completely online right here.
Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.
The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.
Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!
Our representative will get in touch with you at the earliest.
Note: “In this policy, the investment risk in investment portfolio is borne by the policyholder.”
Kotak Leave Encashment Group Plan is designed to cater to the needs of Employee’s Leave Encashment liabilities increasing over the period of time. This product is designed to reduce the financial strain on the employer by helping them fund their Leave Encashment liabilities payable to employees. This will also help the employee fund for the leave encashment benefit systematically & effectively and release resources for your core business activities.
Provides an opportunity to invest in various market linked funds based on your risk appetite and watch your funds grow over time
Regular additional units will be added to the Schemes and the percent varies by fund size at the beginning of the calendar month and the rate of these additions is in the range of 0.05% to 0.50% per annum
This plan offers 7 fund options to choose from suiting your risk appetite and investment objective
Apart from Leave Encashment benefit, employees are entitled to life insurance coverage that will be payable to their families in the unfortunate event of the death
The cash equivalent of the leave Encashment Benefit as and when paid by the employer is deductible from his income under section 43B (f) of the Income Tax Act, 1961.
Under Section 10(10AA) of the Income Tax Act, 1961,
Note: Tax benefits are subject to change in the tax laws. You are advised to consult your tax advisor for details.
Kotak Leave Encashment Group Plan – UIN No: 107L088V02, Form No: L088 ; Ref No: KLI/17-18/E-WEB/727
Kotak Mahindra Life Insurance Company Ltd. (formerly known as Kotak Mahindra Life Insurance Company Ltd.(Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.)) ,
Reg No. 107
CIN : U66030MH2000PLC128503
2nd Floor, Plot # C- 12, G- Block, BKC,
Bandra (E), Mumbai - 400051
Toll Free: 1800 209 8800 (8 am to 10 pm)
SMS KLIFE to 5676788 Toll Free No. - 1800 209 8800
This is a non-participating, group, unit-linked leave encashment insurance plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI clarifies to public that
Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. (formerly known as Kotak Mahindra Life Insurance Company Ltd.(Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.)) under license.
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