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!
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If you have a life insurance policy or want to get one soon, then you should be aware of the regulatory body of the system. To better understand the autonomous body and how they aid in promoting transparency and fairness in the system, here are some frequently asked questions about IRDA:
Insurance Regulatory and Development Authority (IRDA) is an autonomous regulatory body that protects the interests of the people having life insurance. IRDA also manages and oversees the growth and development of insurance industries in India.
IRDA was set up in the year 1999 under the IRDA Act to regulate and monitor the activities in the insurance sector for the healthy development of the industry. The autonomous body also registers newer insurance companies according to the regulations. IRDA often formulates norms and takes care of licensing the insurance intermediaries. Here are some purposes of the IRDA:
The aim of IRDA is to make sure that the interests of policyholders are secured and they do not face any problems during claim settlements. Here is how IRDA functions:
- A Consumer Education Initiative series by Kotak Life
Kotak e-Term Plan is a pure term insurance plan that provides a holistic life protection at affordable prices. Find out the eligibility criteria, key ...Know more
All these years you have saved money to ensure a comfortable and financially independent life post retirement.Know more