Kotak Mahindra Life Insurance Company Limited
Kotak Mahindra Life Insurance Company is counted among the most credible and rapidly growing insurance companies in India. Founded in 2001, under the flagship of Kotak Mahindra Finance Company, Kotak Mahindra Life Insurance Company is a 100% owned subsidiary of Kotak Mahindra Bank Ltd (Kotak).
As of 30th September 2020, the leading insurance provider has multiple branches and covered over 30 million lives across the country. The company’s core purpose is to add value to people’s lives through its array of products such as protection plans, savings plans, retirement plans, and more.
Why opt for Kotak Mahindra Life Insurance Company?
- Claim settlement ratio: Kotak Mahindra Life Insurance has a healthy claim settlement ratio of 96.38%. (IRDAI Annual Report 2019-20), which makes a highly credible partner for life insurance needs.
- Customer service: The company gives high importance to customer satisfaction, thereby understanding their requirements and providing necessary solutions. Kotak Mahindra Life Insurance has a dedicated sales force and customer care team.
- Wide range of plans: Kotak Mahindra Life Insurance offers a variety of carefully designed plans to cater to different needs of people while providing them with comprehensive protection.
- Transparent service: Kotak Mahindra Life Insurance Company regularly declares their fund performances, details about asset management and issues monthly newsletters in market updates, keeping all their process as transparent as possible.
Types of Insurance products offered by Kotak Mahindra Life Insurance Company
- Term Insurance Plans: Kotak Mahindra Life Insurance offers various protection plans specially designed to protect and cater to your family’s needs at every life stage. You can choose the one that suits you the best while ensuring the safety of your loved ones.
- Savings and Investment Plans: Kotak Mahindra Life Insurance offers several Savings and Investment plans that provide double benefits of saving your money for future needs and building wealth through investments, such that you get the best out of your hard-earned money.
- Retirement Plans: One should enjoy their retirement life as their previous years. Therefore, nothing should change in the retirement years as well. Choose the right retirement plans offered by Kotak Mahindra Life Insurance and lead a comfortable life.
- Health Plans: The health plans by Kotak Mahindra Life Insurance ensure that one could avail the best treatment without worrying about the finances. These plans protect one’s hard-earned money from getting drained into high medical and treatment costs.
Term Insurance plans offered by Kotak Mahindra Life Insurance
- Kotak Term Plan: It’s a pure protection plan that affordably offers comprehensive financial protection. Under this plan, the policy beneficiary receives the insurance coverage amount upon the demise of the policyholder.
- Kotak e-Term Plan: It is also a pure protection plan wherein its features are uniquely designed to provide maximum life cover at an affordable price range. This plan comes with several other crucial benefits.
- Kotak Saral Jeevan Bima: Kotak Mahindra Life Insurance Saral Jeevan Bima is a pure risk cover plan with simple and standardized guidelines. This plan provides financial protection to the policyholder’s family in case of their absence.
If you are looking for more information regarding Kotak Mahindra Life Insurance, then visit iiflinsurance.com and get the right one at the best price.