Om Kotak Set To Launch Unit-Linked Plan Next Quarter

Om Kotak Mahindra Life Insurance Company Ltd will launch its unit-linked insurance product in the next quarter, tied to debt instruments.

In view of the high volatility in the equity market, new insurance life players had put off their unit-linked plans. OM Kotak will commence operations tomorrow with three products -- single premium bond, money back plan and endowment plan.

The launch coincides with the foreign partner, Old Mutual Financial Services