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Insurer Offers Premium On Fairer Sex

Our Banking Bureau BUSINESS STANDARD

OM Kotak Mahindra Life Insurance Company has mopped up Rs 60 crore in sum assured in 20 days since the launch of the Kotak Preferred Term Plan (KPTP).

The first pure risk plan of its kind solely targeted at women and non-smoking males, KPTP has attracted a sizeable number of proposals from the fairer sex.

The key attractions have been the cost of the plan and the longest available term period of 30 years.

The KPTP offers the lowest premium coverage in the industry to those who meet the

 

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First Published: Oct 08 2002 | 12:00 AM IST

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