Posts Tagged ‘Kotak Mahindra Term Insurance Policy’

Kotak Mahindra Old Mutual Life-Preferred Term Plan

Thursday, September 3rd, 2009

Kotak Term Plan is a pure risk cover plan that provides you life cover at less premium with financial protection for specified term period. Kotak’s Preferred Term Plan offers attractive premium rates to non-tobacco users and women, for a sum assured of Rs. 25 lakhs or more.

Benefits of Preferred Term Plan-

  1. Truly a low cost insurance plan that offers high cover at low premiums.

  2. Special rates for women and non-tobacco users.

  3. Choice of Premium Payment.

  4. Options – regular, single and limited premium payment Option to convert to any other plan.

Key Features-

  1. Truly a low cost insurance plan.
  2. Special Premium Rates.
  3. Death Benefit.
  4. Flexibility in payment of premiums- Single, Regular and Limited Premium Payment.
  5. Conversion Option- Can convert your Kotak Term Plan to any other plan offered by the company, provided there are at least 5 years before cover ceases.