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.
Kotak e-Invest is a comprehensive Unit Linked Life Insurance Plan that can be customized as per your goals and needs - be it protection; investment; financial security for child or retirement planning.
Kotak Guaranteed Savings Plan is a savings and protection plan that helps you achieve long-term financial goals and insurance cover against any eventuality.
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!
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.
Our representative will get in touch with you at the earliest.
An insurance policy safeguards your future or your family’s future in a world full of unknowns. Insurance is a risk-mitigation tool that aids in the restoration of stability in one’s life. Having insurance benefits policyholders and their loved ones by allowing them to live a stress-free life. In the market, there are many different forms of insurance coverage. However, life insurance, medical insurance, and auto insurance are the most common.
If you’re thinking about purchasing a policy, this article will explain what is insurance coverage and the different types that are available.
Insurance coverage is the risk protection provided by insurance services to an individual. An insurance policy helps a person or a company protect themselves from unanticipated events. It serves as a safety net, shielding policyholders and their loved ones from unforeseen circumstances.
The policyholder must pay a small monthly or yearly premium to be covered by insurance for a set period. The insurance company will compensate for any financial losses incurred if the insured person or object is harmed.
Life insurance is a basic type of insurance policy for your life. It gets easier to comprehend this type after learning about insurance coverage. In case of an unforeseen eventuality, life insurance offers a financial safety net for your family. For example, life insurance coverage is critical if you are the sole earner in your family or if your loved ones rely heavily on your monthly income. If you, the policyholder, die within the policy’s term, a monetary payout is provided to your family to guarantee that they are taken care of.
What do you mean by insurance coverage when it comes to health? Health insurance is purchased to cover the expenses of pricey medical procedures. Various types of health insurance coverage cover a variety of illnesses and conditions. In addition, you may purchase both general and disease-specific health insurance coverage. A health insurance policy’s premium normally covers treatment, hospitalization, and prescription bills.
In today’s society, with an ever-increasing number of people having vehicles, it’s more important than ever to have auto insurance. Moreover, with the rising number of incidents on the road every day, automobile insurance coverage meaning has taken on a new significance. Motor insurance is a specialised insurance policy designed to protect vehicle owners against financial losses incurred as a result of vehicle damage or theft. A motor insurance coverage can be purchased for a personal automobile, a business vehicle, or a two-wheeler.
In case of a financial loss caused by your home, you are covered by home insurance. The coverage may cover the expenses of home repairs, damage, maintenance, or the replacement of damaged items. In addition, depending on the type of insurance, clothing, furniture, electronic devices, and other personal items may be covered. It comes very handy in the case of a fire, robbery, or other disasters. To summarise, you will be able to confidently decide what sort of insurance you need after knowing everything there is to know about what is insurance, insurance coverage meaning, and the four most important types of insurance to have.
- A Consumer Education Initiative series by Kotak Life
Kotak Premier Life Plan is a limited premium paying participating whole life plan, where you can choose to receive bonus payouts even after premium pa...Know more
Kotak Group Assure Plan protects the family of the life insured from risk of loan liability in case of the demise of the insured and it also shields c...Know more
A Non-Linked Non-Participating Life Insurance planKnow more
Kotak Assured Return Employee Benefit Plan is an insurance plan designed for Employers /Trusts, Employer – Employee groups who wants experts to mana...Know more