In this age of competition where technology and systems are available to every organization, it's the people that differentiate the good from the great. Your organization has people - Your customers as well as Your employees - that are of immense value to you. One of their prime concerns is the security and safety of their families. Being an organization of repute you would like to share this responsibility by providing them with a solution that meets their need.
Kotak Term Group Plan provides life cover to the member, by paying a lump sum benefit to the beneficiary in case of an unfortunate event. There is also an option available for the member to opt for additional voluntiary life cover for self and spouse. There is also a range of riders available to cover other risks like disability, dismemberment, illness, family benefit and functional impairment. It is an ideal solution that provides security to the families of your members in case of an adversity.
Premiums paid for employees may be listed as business expenses and are tax-deductible as per Income Tax Act,1961. Tax laws are subject to change. Please consult your tax advisor for details.
Terms and conditions
Kotak Term Group Plan - UIN 107N007V05, Form No. N007, Ref. No. KLI/16-17/E-WEB/532
Accidental Death Benefit (ADE) UIN - 107B005V05, Form No. B005, Accidental Disability Benefit (ADB) UIN 107B008V03, Form No. B008, Accidental Dismemberment Benefit (ADM) UIN- 107B006V03, Form No. B006, Accidental Death, Disability and Dismemberment Benefit (ADDD) UIN 107B007V03, Form No. B007, Critical Illness Benefit (CI) UIN 107B009V05, Form No. B009, Family Benefit (FB) UIN 107B010V03, Form No. B010, Terminal Illness Benefit (TI) UIN 107B014V03, Form No. B014, Daily Task Benefit (DT) UIN 107B016V02, Form No. B016, Kotak Critical Illness Plus Benefit (CIP) UIN 107B015V04, Form No. B015
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)
SMS KLIFE to 5676788 Toll Free No. - 1800 209 8800
This is a non-participating term group plan For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. For details on riders, please refer to the Rider Brochure.
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