Buy a Life Insurance Plan in a few clicks
Now you can buy life insurance plan online.
Kotak Guaranteed Fortune Builder
A plan that offers guaranteed income for your future goals.
Protect your family's financial future.
Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and life cover.
Insurance and Investment in one plan.
Kotak Lifetime Income Plan
Retirement years are the golden years of life.
Our representative will get in touch with you at the earliest.
Kotak Life Insurance is one of the fastest growing insurance companies in India, covering over 50 million lives nationwide (as on 30 th June 2023).Back
To become India's best life insurance company
To bring assurance to people's lives
To deliver VALUE to our Customers through Protection & Long-term savings (PALTS)
We are driven by our strong values that have held us together over the years:
Recognized as having the highest professional standards. Our employees and advisors will possess superior knowledge & skill, for the benefit of our customers.
We create an environment that encourages all employees to innovate, experiment and try out new things without fear of failure.
We relentlessly strive for improvement. Every achievement becomes a milestone for the next level of performance.
Customers depend on us to be there in the future to meet promises. We will achieve by efficient cost management, uncompromised claim payments & superior investment management.
Satisfy our customers. By providing quality products, services, advice sustainable value, and ensure our customers receive excellent solutions to meet their needs.
Employees will determine our future success. We will treat people with dignity. We will invest in the development of our human resources and reward superior performance.
Our dealings are characterized by the highest levels of trust, honesty and fairness.
Our experienced leaders form a strong foundation that steers our company to be the leader in the industry.
Non-Executive Director - Chairperson
Non Executive Director
Non Executive Director
Non Executive Director
Mr. Uday Kotak is the Executive Vice-Chairman and Managing Director of Kotak Bank and its principal founder and promoter. Under Mr. Kotak’s leadership, over the past 29 years, Kotak Mahindra group established a prominent presence in every area of financial services from stock broking, investment banking, car finance, life insurance and mutual funds. Mr. Kotak is the recipient of several prestigious awards. He is a member of the Government of India’s high level committee on Financing Infrastructure, the Primary Market Advisory Committee of SEBI, Member of the Board of Governors of Indian Council for Research on International Economic Relations, National Institute of Securities Markets and National Council of CII. Mr. Kotak received the Ernst & Young World Entrepreneur of the Year India Award 2014.Close
Mr. Shivaji Dam has a strong accounting and cost accounting back ground with over 30 years’ experience of which 21 years have been with the Kotak Group. He has experience in fields such as Corporate Finance, Proprietary Investments, Investment Banking and operating management within the Kotak Group. He is one of the founding Directors of the Company. He led the Kotak group into the life insurance business and was Managing Director of the Company for four years. Mr. Dam is presently involved in philanthropic activities around education and livelihood for children /youth from under privileged families.Close
Mr. Prakash Apte, has been the Managing Director of Syngenta India for a decade & is currently its Non-Executive Chairman. Syngenta India Limited is one of the leading agri business companies in India & Syngenta Group is one of the largest investor in agriculture research and a leading agri business across the world. Mr. Apte, in a career spanning over 35 years, has considerable experience in various areas of management and business leadership. In the first phase of his career, Mr. Apte worked in Larsen & Toubro, Uhde India and in Ciba Geigy in various positions of responsibility in the project management and technical operations. While in Ciba and later on in the merged entity Novartis, Mr. Apte assumed the role as a business head. When Syngenta was formed resulting from merger/demerger of Agri businesses belonging to Astra Zeneca and Novartis, Mr. Apte took over the responsibility as Managing Director & Country President for Syngenta in India. During more than 17 years of very successful leadership of Syngenta business in India, Mr. Apte has gained varied knowledge in various aspects of business such as vision & strategy development, business integration & transformation, operation excellence etc. and he has been involved with many initiatives for organizational capability up gradation, coaching & people development. Mr. Apte was instrumental in setting up the Syngenta Foundation India which focuses on providing knowledge and support for adopting scientific growing systems to recourse poor farmers and enabling their access to market.Close
Ms. Farida Khambata has attended the Advanced Management Program at Wharton. She is a co-founder of Cartica, a long-only emerging markets fund. Prior to Cartica, Ms. Khambata was a member of IFC’s Management Group, the senior leadership team of IFC. In her last position at IFC, she served as Regional Vice President, responsible for strategy, investment operations and advisory services in East Asia and the Pacific, South Asia, Latin America and the Caribbean and oversaw all equity investments globally and investments in Agri business, Manufacturing and Services and Health and Education, regardless of geography. Earlier, Ms. Khambata was in charge of IFC’s Portfolio and Risk Management and was also its Treasurer and Director of the Central Capital Markets Department. Prior to joining IFC in 1986, Ms. Khambata worked with the World Bank where she managed pension fund assets. In April 1997, Ms. Khambata was named by Euromoney as one among the Top 50 Women in Finance. In February 2016, Ms. Khambata was bestowed the 'Best Woman Director' Award for 2015 by the Asia Centre for Corporate Governance & Sustainability.Close
Mr Sanjeev Pujari has over 35 years of rich and varied experience behind him in the Life Insurance industry across areas such as marketing, marketing strategy, actuarial and risk Management. He has worked both within and outside India, in the public sector as well as in the private sector, including in the statutory roles of Appointed Actuary & Chief Risk Officer. He is a Fellow of the Faculty & Institute of Actuaries (UK) and the Institute of Actuaries, India. In the most recent engagement with SBI Life Insurance Co. he led the Actuarial, Risk Management & Product functions as Executive Director (Actuarial) and Chief Risk Officer from 2014 to 2020. Prior to this, he held the role of the Appointed Actuary from 2008 to 2014 in the same company. During this period, he played a critical role in establishing a robust risk management framework and actuarial processes, driving strategy for growth and value in the organization. Being part of the Senior Management team, he had the opportunity to take key decisions on company’s marketing, operations and IT strategies and had also led the undertaking Embedded Value & Valuation processes and disclosures, leading to the pre-IPO stake sale and a successful IPO process in India. Mr. Pujari started his career as in LIC of India as a direct recruit officer in 1983. Amongst the various roles undertaken were stints in UK with SunLife & Swiss Re spanning over 8 years when the markets and regulations in the UK / EU were extremely complex and fluid. This has led to a deep understanding of these markets, specifically in areas of Actuarial Practices, Compliance, With Profits governance and other Regulatory aspects. On his return to India when the Life Insurance Industry had opened up to private & foreign companies, Mr Pujari, in turn, headed the Pricing and Valuation departments in LIC Central Office. On Professional side Mr Pujari has been associated with the Indian and the UK actuarial professions in a number of Voluntary, Non-remunerative leadership roles over a number of years and has chaired or been part of various committees set up by the Govt. and the Regulator on insurance and actuarial matters.Close
Mr. Dipak Gupta is a Non- Executive Director of the Company and has over 30 years of experience in the financial services sector, 24 years of which have been with the Kotak Group. He is the Joint Managing Director of the Kotak Mahindra Bank. He is responsible for Group HR, Adminstration, Infrastructure, Operations and IT. He is also responsible for Asset Reconstruction business of the Bank. Mr. Dipak Gupta was responsible for leading the Kotak Group’s initiatives into the banking arena. Prior to joining the Kotak Group, he was with A. F. Ferguson & Company for approximately six years.Close
Mr. Gaurang Shah heads the Asset Management, Insurance ( Life and General) and International business of the Kotak Mahindra Group. He took over this assignment on May 1, 2010. In his immediate prior assignment, Mr. Shah was the Managing Director of Kotak Mahindra Old Mutual Life Insurance Limited. Under his stewardship, the Company booked profits for the first time ever in 2009, joining ranks of the select first private Indian life insurers , thereby opening a new chapter in the annals of private life insurance business in India. Mr. Shah has over three decades of rich and varied experience in the Financial Services sector, several of which are with the Kotak Mahindra Group. He has played a stellar role in building the Group’s Consumer Banking business and Life insurance business. He has held several positions of high responsibility over the years, including, inter alia, the Head of Retail Assets at Kotak Mahindra Bank Limited. He was also closely associated with Kotak Mahindra Primus (a joint venture between Kotak Mahindra Group and Ford Credit International), among India’s leading automobile finance companies.Close
G Murlidhar, former MD & CEO, Kotak Mahindra Life Insurance Company Ltd, is one of the founding members of Kotak Life Insurance. Prior to this, he has held several leadership positions in the organization. Over the past decade, Murli has played an instrumental role in establishing a strong operational and service backbone, dovetailing into a highly efficient distribution network for Kotak Life Insurance. In last few years, Murli went on to implement The 4 Disciplines of Execution (4DX), which represent a new way of thinking and working at KLI. Implementing the 4DX has facilitated in building a culture that is contributing to the company’s growth in today's competitive environment. Murli has more than three decades of experience across finance, commercial, projects, marketing, HR, IT, and consumer distribution. He has also handled public issues and open offers across sectors such as BFSI, services and manufacturing. Murli is a Chartered Accountant, ICWA and Company Secretary.Close
Mahesh Bala, Managing Director, has over two decades of professional entrepreneurial experience in financial services. Starting his career at Godrej & Boyce in 1992, Mahesh moved to Cholamandalam Investment and Finance company in 1994, as the first regional head for the retail business in the West. During his five-year tenure, he led the expansion of the Vehicle finance business, making Chola a key and profitable player in the West. By 1999 he had moved on to a “Strategic team “of the Murugappa Group working on business planning, improving operational efficiency, exploring new initiatives , Mergers and Acquisitions. In 2000, Mahesh turned entrepreneur and cofounded Apnaloan.com India’s first and largest Online Loan market place for Credit Cards, Unsecured Loans, Car Loans and Mortgages. As Executive Director and Business head he got more than 20 leading Indian/Foreign Banks and NBFCs to participate in the market place. In 2005 Mahesh joined Kotak Mahindra Bank as part of the core team of the Retail Liabilities and Branch Banking Business. He was instrumental in setting up and leading the Retail Sales, Retail Institutional, and Government Business and Cross Sell verticals. In his last assignment he was also the Co-Head of Branch Banking Division. After successfully setting up and building significant scale across business in Assets, Liabilities and Branch Banking, Mahesh was given the opportunity in Oct 2014, to be the founder CEO of Kotak Mahindra General Insurance. Mahesh holds a Bachelor’s degree in Mechanical Engineering and a Masters in Management Studies.Close
Chief Risk Officer
Chief Investment Officer
Chief Financial Officer
Chief of Operations
Chief Data & Analytics Officer
Chief Technology Officer
Chief Human Resources Officer
Head - Agency Channel
Head – Alternate, Direct & Digital Channels and Product Marketing
Head - Financial Institutions, Employee Benefits, Marketing & Alliances
Mahesh Balasubramanian is the Managing Director of Kotak Mahindra Life Insurance Company (Kotak Life) since May 2021. Prior to this, Mahesh was leading Kotak’s General Insurance business as MD &CEO. With over 25 years of experience in financial services industry having managed business across Retail assets, Retail liabilities and Insurance.
He joined Kotak Mahindra Bank in 2005 as part of the core team of its retail liabilities and branch banking business. After successfully setting up and building significant scale across verticals, he went on to become the founding CEO of Kotak General Insurance Co. Ltd (KGI) in 2014. Mahesh was instrumental in setting up the company, building a strong leadership team and a robust risk management culture with focus on digital process and customer service, making KGI one of the most sought after companies to work for.
Mahesh is a quintessential serial professional entrepreneur with nearly three decades of experience in financial services. He started his career at Godrej & Boyce in 1992, and moved to Cholamandalam Investment & Finance company in 1994 as its first regional head for the retail asset business in the West. During his five-year tenure, he led the expansion of its vehicle finance business. He moved to Murugappa Group in 1999 where he was handling business strategy & planning, improving operational efficiency, mergers & acquisitions, and exploring new business initiatives. In 2000, Mahesh co-founded Apnaloan.com - India’s first and largest loan market place for credit cards, personal, car & home loans.
A Mechanical Engineer from Madurai Kamaraj University, Mahesh holds a Masters’ degree in Management Studies from the University of Mumbai.
An avid reader, a sports enthusiast and a half marathoner, Mahesh likes to challenge the status quo and is ever willing to experiment with creative and innovative solutions to manage scale with productivity and profitability.
Sunil Sharma is the Chief Risk Officer (CRO) at Kotak Mahindra Life Insurance Company Limited (Kotak Life). He heads the Enterprise Risk Management (ERM) function at Kotak Life. He also manages Products Development, Shareholders Valuations, Assets Liability Management, Analytics, Capital management, Balance Sheet Management, Business Planning, business mix management and Insurance Portfolio Reinsurance Management.
Sunil is a member of key leadership team at Kotak Life which drives the growth charter and business Management of the organization.
Sunil has over 30 years of globally diversified experience in the insurance and reinsurance business management. He has been in the leadership roles across these business in various markets including India, Unites States of America (USA), United Kingdom (UK) and South East Asia (SEA). Prior to this he has been Appointed Actuary at Kotak Life for over 8 years. Before joining Kotak Life, Sunil was Senior Vice President and Head of Actuarial at ICICI Prudential Life Insurance Co. Ltd. He has also worked in various leadership positions with Swiss Reinsurance Company (Swiss Re), GE Financial Assurance (GEFA) Holdings, Inc. and Life Insurance Corporation of India (LIC).
Sunil is immediate Past President of Institute of Actuaries of India (IAI), a statutory body under Actuaries act, 2006 and has been a Council member of International Actuarial Association (IAA). He has been a member of Insurance Advisory Committee (IAC) of IRDAI.
He proactively participates in industry forums in India and overseas to speak on Insurance and Actuarial topics. He is currently Chair of Education Advisory Group (EAG) of Institute of Actuaries of India (IAI).
Sunil is a qualified Actuary and a Fellow Member of Institute of Actuaries, UK (FIA) and Institute of Actuaries of India (FIAI).
In his free time, Sunil likes to travel and listen to Indian Hindi music.
Radhavi Deshpande is the Chief Investment Officer (CIO) at Kotak Mahindra Life Insurance Company (Kotak Life) since April 2021.
Prior to this role, Radhavi was heading the proprietary trading vertical at Kotak Mahindra Bank’s treasury department with expertise in Fixed Income and Equity Trading.
She started her career with Kotak in 1996 and has rich experience in Proprietary Trading and Fixed Income sales.
An MBA from Institute of Management Education Pune, Radhavi is an avid traveller and a yoga enthusiast. Her other interests include playing sports.
In his capacity as the Chief Financial Officer (CFO) of Kotak Mahindra Life Insurance Company Limited (Kotak Life), Cedric Fernandes is responsible for financial planning and overseeing matters related to financial management at the firm including compliance, legal and financial control.
He has more than two decades of work experience, most of which has been with the Kotak Mahindra Group. In his immediate prior assignment, he was the head of finance and accounts functions at the company, where he played a vital role in establishing processes and systems conforming to global best practices.
Prior to joining Kotak Life, Cedric headed the process and audit control functions at Kotak Mahindra Finance Ltd. He started his career at Coopers and Lybrand, which was among the global leaders in audit and assurance at its time.
Cedric is a qualified Chartered Accountant and Cost and Works Accountant. He is also a Fellow of the Insurance Institute of India (FIII). His hobbies include watching sports and listening to music.
Hitesh Veera is the Head - Operations, Customer Service, Admin, Underwriting & Claims at Kotak Mahindra Life Insurance Company (Kotak Life). He is responsible for ensuring operational efficiencies and seamless customer experience at all interface points. He has played a seminal role in ramping up the Operations function to its present scale and form, and is credited with establishing and managing a highly efficient operations backbone.
Hitesh joined the Kotak Mahindra Group as a management trainee more than 25 years ago and has been with the Life Insurance business since 2007. In his immediate prior assignment, he was the business head for Alternate Business at Kotak Mahindra Prime Ltd. (KMPL).
A qualified Chartered Accountant, Cost and Works Accountant and Company Secretary, Hitesh holds 43rd Rank in the All India CA Merit List of the CA Final Exam.
Hitesh enjoys listening to music and spending time with family. He is especially passionate about visiting places of historical importance and loves exploring different cultures.
Dwiraj joins us from Bajaj Allianz General Insurance Company Limited, where he was the President and Head of Analytics. Aside to this portfolio, he also led their retail cross-sell business. Dwiraj brings on board over two decades of experience in driving successful business impacts through data and analytics for global, large-scale enterprises like Citibank, GE, M&G Prudential, Genpact etc. His expertise lies in developing, implementing and scaling up large-scale data solutions, leveraging Machine Learning. Dwiraj is an M.S. in Quantitative Economics from the Indian Statistical Institute, Delhi. He loves to travel and is often seen outdoors, indulging in street photography or playing sports.Close
Kirti Patil, Chief Technology Officer at Kotak Mahindra Life Insurance Co. Ltd. (Kotak Life), spearheads its technology and digital functions. She is a member of Kotak Life’s executive management council that charters company’s growth.
Kirti joined the company in 2003. Over the years, she has been instrumental in giving Kotak Life’s tech strategy a cutting edge by implementing several transformational initiatives including mobile based selling, video based customer calling, OCR/ICR based BPM, Conversational AI, RPA , Instant Servicing, etc. to enhance customer, distributor and employee experience.
Driven to build excellence through technology, Kirti has been an early adopter of several technologies like datacentre and desktop virtualisation, hyper converged infrastructure, flash storage, data reduction technologies and block level replication to name a few. With over two decades of experience spanning manufacturing and BFSI sector, Kirti has won several industry accolades for her initiatives.
She started her career with Bayer India and moved on to International Rectifier where she was responsible for implementation of IT systems in the APAC region. Later she re-joined Bayer and handled their technology integration and standardisation across 12 group companies in India.
Kirti holds a Bachelor’s Degree in Engineering from VJTI and an MBA from Mumbai University.
An advocator of women’s empowerment, Kirti has a passion for reading and loves cooking.
Ruchira Bhardwaja is the Chief Human Resource Officer (CHRO) at Kotak Mahindra Life Insurance Company Ltd. (Kotak Life).
She joined Kotak Life in March 2021 and brings with her over 25 years of rich experience across diverse industries such as Manufacturing, Consulting, Hospitality, Retail, Banking & Insurance. In addition to Human Resources, Ruchira had the opportunity to contribute towards New Product Development, Business Excellence, Knowledge Management and Business Ethics initiatives in the organizations she has worked with.
Prior to joining, she spent 14 years with the Tata group where she had a multi-company stint spanning between well-established market leaders such as Rallis, Taj to start-ups like CROMA. She has also worked in the BFSI sector with companies like Axis Bank and Future Generali India Life Insurance.
An alumni of IRMA, NMIMS, and BHU, Ruchira is GTML certified from The Wharton School, USA. She is a visiting faculty at NMIMS and is zealous about mentoring working women professionals in her personal capacity.
Ruchira creates time to learn and hone new skills outside of the workplace. She is an avid photographer and considers herself as a decent story-teller.
Vivek Prakash is the Head of Agency Channel at Kotak Mahindra Life Insurance Company Ltd. (Kotak Life). He joined the company in 2012 and has made this channel one of the fastest growing agency channel as well as one of the largest recruiter of new advisors in the Indian Life Insurance Industry.
With overall experience exceeding 25 years in NBFC and Life Insurance Industry, Vivek has worked in different parts of the country with core area of expertise being Agency Channel. Prior to joining the Kotak Mahindra Group, he spent a decade with Tata AIA Life Insurance Co. Ltd (Formerly known as Tata AIG)
An MMS in Finance from Sydenham Institute of Management Mumbai – batch of 1996, Vivek also completed his Accelerated Development Program in General Business Administration & Management from the Wharton school in 2018.
Vivek likes to travel in his free time.
Piyush Trivedi heads the Alternate, Direct & Digital Channels and Product Marketing at Kotak Mahindra Life Insurance Company Limited (Kotak Life). In addition to leading product development, Piyush manages various distribution verticals and the digital business.
In his journey with Kotak Life sine 2004, Piyush has driven a number of new initiatives right from concept level to making them large profitable business units. He has helped scale the alternate channel and has strengthened the company’s customer engagement process across distribution channels - bancassurance, brokers, corporate agents and also the new bancassurance and strategic tie-ups.
Piyush has over two decades of work experience, all of which has been with the Kotak Mahindra Group. Prior to that, he was heading Kotak Mahindra Prime Limited’s Credit and Risk function.
Piyush is a qualified Chartered Accountant from ICAI and a Certified Management Accountant (CMA) from CIMA, UK.
An avid reader with interests ranging from business, finance, technology to history & philosophy, he sees each activity as an opportunity to learn something new and enjoys converting complex business situations into value creating business models.
Subhasis Ghosh helms the Marketing, Group Insurance, and Strategic Alliances divisions for Kotak Mahindra Life Insurance Company (Kotak Life).
With over three decades of experience in the BFSI sector, most of which is with the Kotak Mahindra Group, Subhasis has worked in diverse areas such as retail assets and liabilities, corporate finance, treasury and life insurance. Subhasis was part of the founding team that set up Kotak Life in 2001. He was instrumental in setting up and overseeing the Tied, Alternate and Group business divisions in eastern India.
Subhasis has done his B.Com (Hons) from Calcutta University.
Mythology, Vedic and ancient Indian history fascinate Subhasis, and he loves to read, write and speak on the subjects.