Now you can buy life insurance plans completely online right here. Regular premium paying policy shall not be eligible for Reduced Paid Up. In case of non-availability of valid PAN, TDS will be deducted at higher rate. Learn about Kotak life insurance culture, salaries, benefits, work-life … Our representative will get in touch with you at the earliest. In case the Policyholder opts for option ii or if the policyholder does not choose any option the Fund Value is available for immediate payment or In case the Policyholder opts for option i, the policyholder can revive the discontinued policy within two years from the date of discontinuance of policy or In case the Policyholder opts for option iii, the policyholder can convert the policy into Paid-Up policy with Reduced Paid-Up Sum Assured calculated as Sum Assured × Total Number of Premiums Paid divided by the Original Number of Total Premiums payable under the Policy. Single premium paying policy shall become fully Paid-Up after payment of premium. Kotak Mahindra Life Insurance Company Limited, Regd. On the other hand, there are investment-oriented ULIP plans that focus primarily on returns. Prevailing tax laws are applicable on this policy which may vary from time to time. For such policies Mortality Charges and Policy Administration Charges will be charged in addition to Fund Management Charge. Announced by Government of India during 2015-16 budget, Atal Pension Yojana has enabled many Indians to secure their future post retirement. My Kotak Life Login : Enter your Life Advisor Code / POSP Code & Password to Login Do Not KOTAK MAHINDRA LIFE INSURANCE COMPANY LIMITED Regn. Kotak Mahindra Life Insurance Company Limited, Regd. Call Registry, Insurance Regulatory & Development Authority (IRDA). Being a Life Advisor with Kotak Life Insurance has completely turned her life around. No. Redirection. My life advisor code is KLI 60470608. Reviews from Kotak life insurance employees about working as a Life Advisor at Kotak life insurance. Surrender value is the amount payable by the life insurance company if the policy holder decides to exit the insurance policy before its maturity. : 107. For more details, please refer the Product brochure. The plan is offered and underwritten by Kotak Mahindra Life Insurance Company Limited. Rest assured, all our life insurance policies cover COVID-19 claims, subject to policy T&C being met. The outstanding premium paid will be used to purchase units on the date of revival.On Revival policy administration charge and premium allocation charge will be charged as applicable during the discontinuance period and discontinuance charge will be added back to the fund. If you are a Kotak Group Employee, please enter your employee ID. Atal Pension Yojana. kotak mahindra life insurance company limited (formerly known as kotak mahindra old mutual life insurance limited) Regn. Kotak Mahindra Life Insurance Company Ltd 2nd Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400 051. In addition, higher of Top up Sum Assured or Fund Value of Top-Up Account, in respect of each Top-Up Premium (If any), subject to minimum of 105% of Top up premium paid up to the date of death will be payable. Tax laws are subject to changes from time to time. The values shown are for illustrative purpose only. Sum Assured on death: In case of Life Insured’s death during the policy term, the Nominee shall receive the Sum Assured on death as mentioned below: Please read product brochure carefully for more details. Sum Assured on death shall be highest of the following: Sum Assured on death shall be higher of the following: This is non-participating term insurance plan. Office: 2nd Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400 051. 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