You are here: Home » Companies » News
Business Standard

Kotak Life Insurance launches new product in UP

Kotak Premier Life is a limited premium payment and participating whole-life plan

BS Reporter  |  Lucknow 

New insurance rules may not help private players

Kotak Life Insurance today announced launch of Kotak Premier Life plan in the Uttar Pradesh.

The plan is a limited premium payment and a participating whole-life plan, which can be used for income benefits or create a tax-free corpus.

"It provides the customer with the option to protect up to 99 years of age," company's chief distribution officer and senior executive vice president Suresh Agarwal said here.

The plan offers discounts on premium for higher sum assured on maturity, besides additional discount on the lives of women insured. It allows to partly encash accumulated corpus during the policy term.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, January 27 2016. 17:40 IST