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Kotak Group Shield Of Kotak Life Insurance

The Kotak Group Shield of Kotak Life Insurance policy is a comprehensive solution that helps protecting the assets and savings of the customer even during unfortunate death, permanent disability or illness. This policy decreases the risk of default and renders the financial security and thus enables to enjoy a competitive advantage.

The advantages of Kotak Group Shield of Kotak Life Insurance for the company are as follows:

  • The customer gets the assurance of non repayment of the loans due to death, illness and disability.
  • The plan options available under this policy assure that the needs of the customers can be satisfied easily.
  • The policy has high non medical underwriting limits.
  • The financial security of the customer will create loyalty towards the company.
  • This policy creates ease in getting group insurance.

The advantages of Kotak Group Shield of Kotak Life Insurance for the customer are as follows:

  • It gives enough peace as the loans and savings are covered.
  • The policy gives comprehensive coverage with additional benefits.
  • The policy includes easy and hassle free signing up.
  • Under this policy high non medical underwriting limits like advantages of getting benefits of a group insurance structure are also available.
  • The premium payment options are convenient for the customers.

The eligibilities for Kotak Group Shield of Kotak Life Insurance are as follows:

  • Entry Age
  • Easy Group Shield / Group Shield - Minimum : 15 years Maximum : 74 years
  • Group Shield plus Disability Benefit / Group Shield plus Critical Illness Benefit - Minimum : 18 years Maximum : 64 years
  • Cover Cease Age
  • Easy Group Shield / Group Shield - Maximum : 75 years
  • Group Shield plus Disability Benefit / Group Shield plus Critical Illness Benefit - Maximum : 65 years
  • Cover Term
  • Easy Group Shield / Group Shield - Minimum: 1 year Maximum: 30 years
  • Group Shield plus Disability Benefit / Group Shield plus ritical Illness Benefit - Minimum : 1 years Maximum : 30 years
  • Premium Payment Term
  • Easy Group Shield / Group Shield - Regular: Full policy Term Single Premium
  • Group Shield plus Disability Benefit / Group Shield plus Critical Illness Benefit - Regular: Full policy Term Single Premium
  • Sum Assured
  • Easy Group Shield / Group Shield - Minimum : Rs 10,000 Maximum : No limit
  • Group Shield plus Disability Benefit / Group Shield plus Critical Illness Benefit - Minimum: Rs. 10,000 Maximum: No limit
  • Group Size
  • Easy Group Shield / Group Shield - Minimum: 50
  • Group Shield plus Disability Benefit / Group Shield plus Critical Illness Benefit-Minimum: 50

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