Kotak e-Term Plan
Kotak e-Term Plan provides a high level of protection to your loved ones in your absence.
Kotak Guaranteed Savings Plan
Kotak Guaranteed Savings Plan is a savings and protection plan that helps you achieve long-term financial goals and provides an insurance cover against any eventuality.
Kotak e-Invest plan is a complete Unit-Linked Insurance Plan that can be customized as per your goals and needs.
Kotak Health Shield
Kotak Health Shield Plan helps secure your finances in sudden medical expenses such as Cardiac, Liver, Neuro, and Cancer (all early and significant illness stages/conditions of cancer), along with offering protection for personal accidents - in case of accidental death or disability.
Kotak Lifetime Income Plan
Kotak Lifetime Income Plan gives you the security of your income continuing throughout your life and in your absence throughout your spouse's lifetime!
There is no certainty in life; it is a roller coaster ride and every individual must be prepared for the same. While there will be many ups in your life, you also need to be prepared for the downs. One way of securing the financial future of your loved ones is by taking a term plan. The term plan will safeguard your capital reserves and guarantee a stress-free life ahead. You will not have to worry about the financial security of your loved ones in your absence. The insurance industry in India has gone through a significant change and has matured over the years. The importance of a term plan has increased in the minds of proactive financial planners. It is very important to buy term insurance in order to build a diversified portfolio.
Non-Resident Indians (NRIs) are eligible to avail of a term insurance plan in India. NRIs are living all over the globe and they make up for a significant economic segment. Term insurance for NRI should be based on his specific requirements and needs. There are different ways in which an NRI can purchase a term insurance plan.
Purchasing a term insurance for NRI is simple and convenient.
Here is a list of the documents required to purchase term insurance for NRI.
For NRIs, there is a grace period if they default in their premium payment. Hence, if an NRI term insurance policyholder misses a premium payment for some reason, the amount can be paid within the grace period.