Kotak Mahindra Life Insurance: Overview

Yes, you can avail loan under particular Kotak life insurance plans.

For all policies including those under the Non-Resident Indian Insurance Scheme, the claim amount cannot be repatriated out of India.

Yes, you can surrender your policy before maturity. However, once the surrender value is paid, your policy will get terminated. The surrender value of your policy will solely depend upon the plan and benefits chosen by the policyholder.

A policyholder has the option to return the original policy within 15 days from the date of receipt of the policy. And yes, a free look period is available on all policies.

Yes, the Kotak Mahindra Life Insurance policy allows you to download and check the statements of your policy. All you have to do is visit the official website, click on the "How to Do I" tab, and then select "Download Statements". Then on the next page, fill in the details such as Policy Number & Date Of Birth of Policyholder (dd/mm/yyyy), and proceed.

To check the status of your Kotak Mahindra Life Insurance policy, you need to visit the official website of Kotak Life Insurance Company and click ok "How Do I" tab. Then click on’Manage My Policy,’ and log in using your registered cellphone number.

Net Banking, Debit/Credit cards, E-wallets, and Bill Desk are all options for paying premiums online with Kotak Life Insurance.

Yes, you have the option of surrendering your policy before it matures. The policy is terminated whenever the Surrender Value is paid out.

Yes, you have the option of surrendering your policy before it matures. The policy is terminated whenever the Surrender Value is paid out.

Telephone bills can be used as proof of residence, the policyholder can submit the latest telephone bill, but only for the last 6 months.

Yes, in some cases if the policyholder has to submit medical reports. Only in special cases such as, if he/she is buying a critical illness plan.

The Minimum age is 18 years and the maximum age is 35 years for Kotak Protect India.

The Retirement Plans are as follows: Kotak Saral Pension Kotak Assured Pension Lifetime Income Plan

The Minimum Sum required is rs 1,00,000 and the Maximum is rs 25,00,000. Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.