Kotak Term Insurance Benefits

Kotak Life Insurance Company is one of the leading companies in the life insurance sector. It was started with an aim to bring assurance to more and more people’s lives and to add value to their lives through financial measures of savings and protection. The company has managed to touch 30 million customers across the country. Kotak Life Insurance tends to deliver financial products to customers with a professional approach, innovative methods, and financial prudence. When it comes to term insurance, the company holds a lot of traits to be praised for which comprise from offering a range of plans to providing top-notch services.

Why To Buy Kotak Life Term Insurance?

Kotak Life Terms Insurance offers an array of benefits to its policyholders, some of which are mentioned below:

• High Claim Settlement Ratio: Kotak Life Insurance holds a high Claim Settlement Ratio (CSR) of 96.38% in the FY 2019-20. The CSR refers to the number of claims settled by an insurer against the total claims received by it in a financial year. A higher claim settlement ratio denotes that the company settles most of its claims, which is a crucial element for every policyholder.
• Wide Range of Products: Kotak Life Insurance offers a range of term insurance plans which includes Kotak Term Plan, Kotak E-Term Plan and Kotak Saral Jeevan Bima. These terms insurance plans are meant to secure your family at every stage of life. Its product range allows the customers to pick a policy that suits their budget and needs.
• Economical Plans: Kotak Life Insurance provides economical term insurance plans which allow the customers to purchase the plan without any burden and making policyholders avail several benefits at affordable rates. The economical term insurance plans provide you protection against uncertainties of life with saving options.
• Top-Notch Customer Support: Kotak Life Insurance is easily accessible by its customers to solve any of their problems anytime. The customers of Kotak insurance can connect their customer support team through call, email, chatbox, Whatsapp, and webform. Such wide and robust customer support provides peace of mind to the customers of the insurance company.
• Award-Winning Services: Kotak Life Insurance has bagged various awards for its impeccable insurance services some of which are the ‘Best Customer Engagement Campaign Award (Silver Medal)’ at DMAsia in 2017, the ‘Outlook Money Award for Life Insurance Provider’ of the Year 2017, the ‘Best Persistency Award’ at Fintelekt's DMAi Awards in 2017, and many more. These awards signify the quality of work delivered by the company over the years.