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1800 209 8800
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We stand in solidarity with the families who have lost their loved ones in the floods in Chennai. For any assistance on claims, please call our toll free number 1800 209 8800 or email us at kli.claimsmitra@kotak.com                                                                IRDAI CAUTIONS PUBLIC AGAINST SPURIOUS CALLS AND FICTITIOUS OFFERS
Group Shield

Kotak Group Shield

A Life Insurance Plan

A comprehensive group insurance plan for financial institutions to safeguard their financial assets from default payments, the Kotak Group Shield Plan covers your customers' loans and savings. Its wide-ranging life insurance cover also protects the well-being of your customers and their family members in the event of death, illness or disability.

 

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Individual borrowers and co-borrowers of your institution can be covered under this plan


Plan Options

• Easy Group Shield
• Group Shield

• Group Shield plus Disability Benefit
• Group Shield plus Critical Illness Benefit
Group Size Min: 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 Shield:
Min : 5,000
Max : No limit

For Group Shield:
Min : 25,000
Max : No limit
For Group Shield plus Disability Benefit
Min : 25,000
Max : No limit

For Group Shield plus Critical Illness Benefit:
Min : 100,000
Max : No limit

^Note:- In case of minor life insured, an appointee shall be required.
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