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1800 209 8800
Mon-Sat 8am - 10pm
Important Message: In pursuance of the demonetisation of old notes of Rs. 500/- and Rs. 1,000/- by the Central Government, all customers are requested not to make payments using these old notes. All other valid currencies, including bank notes of the NEW series of Rs. 500/- and Rs. 2,000/- will be accepted. For further convenience, kindly use our digital modes of payment - like ECS/NACH, Debit/Credit Card, Net Banking & NEFT/RTGS. Click here to know more.
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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  • As per existing tax laws, premium paid by the financial institution could be considered as part of business expenses and may be tax deductible*.
  • As per existing tax laws, any premium paid by a customer in his/her capacity as an individual may be eligible for tax deduction under section 80C of the Income Tax Act, 1961. Benefits received by the customer's nominee are tax free under section 10(10 D) of the Income Tax Act, 1961.

*Tax benefits under the policy will be as per the prevailing income tax laws and are subject to change in the tax laws. You are advised to consult your tax adviser for details





Terms and conditions

In the event of the Group member committing suicide within one year of the date of commencement of the cover of member, 80% of the premiums paid will be payable to the nominee.

  • All references made to the loan/ savings instruments are implied to be as per the original schedule.

Kotak Group Shield - UIN 107N050V03, Form No: N050 Ref No: KLI/13-14/E-WEB/111

Regd. Office:

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: http://insurance.kotak.com

Email:

 

SMS KLIFE to 5676788 Toll Free No. - 1800 209 8800

Insurance is the subject matter of the solicitation. 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.

 

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI clarifies to public that
  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus.
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.



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