Kotak Mahindra Life Insurance
Term Benefit / Preferred Term Benefit
In the event of death during the term of this benefit, the beneficiary would receive an additional death benefit amount, which is over and above the sum assured. The maximum term benefit you can avail of is equal to the basic sum assured. Where the Term Benefit cover applied for is more than Rs.10 lakhs, better rates may apply, subject to meeting eligibility requirements.
Accidental Death Benefit
This benefit provides an additional amount (over and above the basic sum assured) to the beneficiary in the event of the accidental death of the life insured. The maximum cover available under this benefit is equal to the basic sum assured (subject to a maximum of Rs.10 lakhs).
Permanent Disability Benefit
This benefit provides financial support in case of your permanent disability due to an accident. The amount payable is over and above the basic sum assured and would be paid out as an annuity. The maximum Permanent Disability Benefit that you can avail of is equal to the basic sum assured (subject to a maximum of Rs.10 lakhs).
Life Guardian Benefit
This benefit can be availed of, only in a case where the life insured and the proposer are two different individuals. In case of the unfortunate death of the proposer, this benefit keeps the policy alive by waiving all future premiums on the policy.
Accidental Disability Guardian Benefit
In case the proposer is permanently disabled as a result of an accident, this benefit keeps the policy alive by waiving all future premiums on the policy. This benefit is available also where the life insured is the proposer.
Where ever you are and want to know about the insurance then first of all you must know about its policies and types but keeping in mind the life insurance benefits that will be the positive attraction towards you to guide you.
Posted by
Blue Bird |
March 13, 2012 at 1:57 AM
In present time, life insurance has become need of human life; therefore, large numbers of people are searching for Best option for their secure Life . I was one of them helpless person , tired of comparing policies provided by different Insurance companies .Finally I go for Kotak Life Insurance Plan where i compare and evaluate the best life Insurance plans suitable for me. Thanks for sharing nice information.
Posted by
Unknown |
January 31, 2013 at 1:38 AM