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Life Insurance

At Kotak Mahindra Prime we also provide various other Kotak Mahindra Group products along with car loan.

Credit Life

Ensure that car loan liabilities don€™'t burden your family when you are not around
Presenting Credit Life Insurance coverage brought to you by Kotak Mahindra Old Mutual Life Insurance Limited.
Key Features:
  • Car loan outstanding covered by life insurance*
  • Complete peace of mind for borrower and family
  • Pay a single premium and you are covered 24 hours a day, 7days a week, anywhere in the world
  • No medicals needed for a majority of the customers (as per non-medical limits defined)
  • No extra documentation required apart from a simple one-page declaration of good health

For more details write to carloans@kotak.com or call on our Toll free no: 1800 419 0090

Disclaimer:

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.

*Subject to loan Tenure, loan amount & interest rate matching the Kotak Life Insurance cover schedule.

Kotak Complete Cover Group Plan UIN 107N018V04 Form No. N018. The contract of insurance will be between the ˜Customer™ and €˜Kotak Mahindra Old Mutual Life Insurance Ltd€™. Kotak Mahindra Prime Ltd is a corporate agent of Kotak Mahindra Old Mutual Life Insurance Limited with corporate agency License number: CA0271. Regd Office: 27, BKC, C27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-400051,CIN: U67200MH1996PLC097730. The plan is offered and underwritten by Kotak Mahindra Old Mutual Life Insurance Limited. Participation of customers of Corporate Agent shall be purely on voluntary basis. This is a non-participating term group plan. For sub-standard lives, extra premium may be charged based on the insurer's underwriting policy. This document is not a contract of insurance and must be read in conjunction with the Policy Document. For more details on risk factors, terms and conditions, please read the sales brochure carefully before conducting a sale. The customer shall be issued a separate €˜Certificate of Insurance€™ (COI) as confirmation of commencement of insurance cover which shall contain detailed terms and conditions of the life cover. Life Cover will continue till the end of the term unless surrendered.

Ref no: KLI/16-17___.

Kotak Mahindra Old Mutual Life Insurance Ltd.

Reg No. 107 CIN: U66030MH2000PLC128503.

Regd. Office: : 2nd Floor, Plot# C-12, BKC, Bandra (E), Mumbai €“ 400051

Toll Free: 1800 209 8800 | Website: http://insurance.kotak.com | Email: clientservicedesk@kotak.com

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