KOTAK LIFE INSURANCE
PLAN TO PROTECT YOUR FAMILY IN A RIGHT WAY, WITH RIGHT CHOICE

Credit-Term Grouplan
Best plan and a right solution for all your needs which gives a complete protection for your institution’s and your customer’s interest .its cost effective and easy to administer and gives a differentiating edge to your competitior.

What are the advantages to me as a credit institution?
  • Eliminates the risk of default in the event of death of the borrower.
  • Facilitates competitive pricing for credit products and ensures a differentiating edge over your competitors.
  • Significant opportunity to earn fee-income.
  • Does not require a Corporate Agency or Referral tie-ups.
  • Extremely cost-effective because of group pricing dynamics and premium recovered from the customer.
  • Hassle-free administrative procedures

What are the advantages to my borrowers?

The borrower’s family is relieved off from the financial burden by paying the outstanding loan amount.The pooling of risk (group cover) allows the cover to be provided at a low cost which hassle-free and convenient with less documentation process. It also gives a Relaxed medical examination norms (subject to applicable conditions). The life cover is available for 24 hours a day, 7 days a week, and anywhere in the world.

Kotak Life assures you of a cost effective fund management for you and your employees’ benefit in a transparent and simplistic manner without any hidden costs!
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