Kotak Mahindra Life Insurance
Kotak Mahindra Life Insurance provides a variety of insurance solutions designed to meet your financial needs and secure your family's future with comprehensive coverage options and benefits.
Key Highlights of Kotak Mahindra Life Insurance
Key highlights of Kotak Mahindra Life Insurance include:
| Sum Assured | Up to Rs. 2 Crore or more depending on plan selection |
| Policy Term | 10 years to whole life |
| Coverage Type | Individual and family options available |
| Death Benefit | Sum assured paid out on policyholder's death, ensuring financial security |
| Maturity Benefit | Available with certain plans, providing financial returns at maturity |
| Critical Illness Cover | Optional add-on for enhanced protection |
| Age Limit | Policies available for individuals aged 18 to 65 years |
Features & Benefits of Kotak Mahindra Life Insurance
Comprehensive Plan Options
- A variety of plans including term, whole life, endowment, and ULIP policies.
- Flexible premium payment options, including single premium and regular payment modes.
- Eligible for tax deductions under Section 80C and 10(10D) of the Income Tax Act.
- Enhance coverage with riders like critical illness cover, accidental death benefit, and waiver of premium.
- Receive maturity benefits and bonuses with certain plans to help you achieve your financial goals.
Tax Benefits
Add-On Riders
Maturity and Bonus Benefits
Kotak Mahindra Life Insurance FAQs
How to apply for Kotak Mahindra Life Insurance?
Visit our website, choose your preferred life insurance plan, and complete the application form.
What is the claim settlement process?
Submit the required documents, and our dedicated team will process the claim efficiently and swiftly.
Does Kotak Mahindra offer ULIP plans?
Yes, Kotak Mahindra offers ULIP plans that combine investment and life insurance benefits.
Can I add riders to my Kotak Mahindra policy?
Yes, you can enhance your policy with riders such as critical illness cover, accidental death benefit, and waiver of premium.
What are the exclusions in the policy?
Exclusions include suicide within the first year, death due to intoxication, and other specified conditions.
