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 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 Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!
Our representative will get in touch with you at the earliest.
A Group Credit Reducing Cover Insurance Plan
Secure your dreams and your family as well
Everyone has big dreams and aspirations for your family’s future and you pick the best financial loans available to bridge the financial gap.Kotak Group Assure Plan protects the family of the life insured from risk of loan liability falling on their head in case of the demise of the insured. At the same time, it shields credit institutions from the risk of loan non-payments due to death, illness and disability. It also helps to protect customer’s assets and savings in the unfortunate event of death, illness or disability.
Kotak Group Assure is a group credit insurance policy that provides cover that is equal to the outstanding balance of the loan amount, as per the loan repayment schedule, as per the cover schedule provided by the Insurer. The benefit will be payable to the borrower/nominee/legal heir in case of occurrence of the insured event to the extent of the outstanding loan amount as per the cover schedule provided by the Insurer. It gives peace of mind to customer's family by relieving the loan liability and eliminates the risk of non-repayment due to the insured event.
Kotak Group Assure is one of the group insurance plans that provides protection in case of death of the customer and also in case of other unfortunate events including: Disability, Critical illness, Terminal illness
To better suit your needs, the Kotak Group Assure is available in following options: Easy Group Assure Group Assure Group Assure plus Disability Benefit Group Assure Plus Critical Illness Benefit Joint Life Cover
| Plan Options | Easy Group Assure Group Assure |
Group Assure plus Disability Benefit Group Assure plus Critical Illness Benefit |
|---|---|---|
| Minimum Group Size | 50 Members | 50 Members |
| Entry Age ^ (last birthday) | Min : 15 years Single Premium : Max: 73 years Regular Premium: Max: 70 years |
Min : 18 years Single Premium : Max: 63 years Regular Premium: Max: 60 years |
| Cover Cease Age (last birthday) | Max : 75 years | Max : 65 years |
| Cover Term | For Single Premium : Min : 2 years Max : 30 years (subject to maximum maturity age being less than or equal to 75) For Regular Premium : Min : 5 years Max : 30 years (subject to maximum maturity age being less than or equal to 75) |
For Single Premium : Min : 2 years Max : 30 years (subject to maximum maturity age being less than or equal to 65) For Regular Premium : Min : 5 years Max : 30 years (subject to maximum maturity age being less than or equal to 65) |
| Premium Payment Term | Single Premium Or Regular: Full policy Term | |
| Sum Assured | For Easy Group Assure : Min: Rs. 5,000 Max : No limit For Group Assure : Min: Rs. 25,000 Max : No limit |
For Group Assure plus Disability Benefit : Min: Rs. 25,000 Max : No limit For Group Assure plus Critical Illness Benefit : Min: Rs. 100,000 Max : No limit |
Know More About Our Other Group Insurance Offerings.
Download the brochure to know more about the plan and how it can benefit you.
Call our toll free number and our representative will help you buy the most suitable plan.
Mail your queries to us and we will answer them at the earliest.
Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.
Kotak Group Assure - UIN 107N051V04, Form No: N051KLI/19-20/E-WEB/360
Regd. Office:
Kotak Mahindra Life Insurance Company Ltd.(Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.)
Reg No. 107
CIN : U66030MH2000PLC128503
2nd Floor, Plot # C- 12, G- Block, BKC,
Bandra (E), Mumbai - 400051
Toll Free: 1800 209 8800 (8 am to 10 pm)
Website: https://insurance.kotak.com
Email: clientservicedesk@kotak.com
This is a non-participating protection oriented, term group plan. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. Hard copy of the information will be provided on request.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.
Kotak Complete Cover Group Plan is a non-participating single-premium plan that provides life cover to a group of borrowers of the credit /lending institutions.
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Kotak Group Shield Plan covers your customers' loans and savings and protects the well-being of your customers and their family members in the event of death, illness or disability.
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Kotak Credit Term Group Plan provides life cover to a group of borrowers of credit institutions where the life assured is the borrower and the credit institution is the beneficiary.
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