The kotak premier life plan is a new, participating whole life insurance plan for people from various income slabs so as to build a powerful base for life coverage and regular income through the life. A portion of this premium is used towards providing the life coverage and administrative fees and the balance is invested by the insurer on your behalf. In case you wish to speak to our phone banking officer for urgent resolution. All you have to do is quickly download a form as per your requirement, fill in the required. Submit your policy documents along with duly filled surrender form at the. Disclaimer kotak mahindra bank ltd is a corporate agent of kotak mahindra life insurance company limited. Kotak mahindra old mutual life insurance limited having registration number. Persons receiving such emails mentioning kotak life are requested to highlight the same immediately to kli. After paying stipulated premium andor after continuing the policy for a stipulated. The claim intimation form can be obtained under our forms section, life advisor or nearest kli branch. Surrender value meaning in life insurance and how its. If the policyholder wants to surrender hisher life insurance policy or make a partial withdrawal from the policy fund, the following procedures need to be followed. Kotak mahindra life insurance company limited is a joint venture. To understand how to calculate cash surrender value of life insurance, you need to comprehend its working.
Download application forms download centre kotak life insurance. Kotak mahindra life insurance company limited, regd. Insurance is the subject matter of the solicitation. Download application forms download centre kotak life. Kotak mahindra life insurance policy status, details, statement online. Kotak sampoorn bima micro insurance plan proposal form. The person legally entitled to receive the policy monies should give intimation of death of the policyholder to the servicing branch. Kotak term plan is a pure risk cover plan that is truly an economical means of providing you with a high level of financial protection. Please note that in case any of your premium cheque is yet to be cleared, surrender proceeds shall be processed but be paid out only after clearance of premium cheque. Kotak mahindra life insurance company limited kotak life is a 100% owned subsidiary of kotak mahindra bank limited kotak. For any changes in the policy or surrender or partial withdrawal, the customer needs to contact the below address.
If policy has run for 3 years or more from date or risk, claim form no. Get the kotak life insurance surrender value form pdffiller. Please note that for full surrender of policy, the policy documentcertificate of life insurance cover must be returned together with the application. Trade logo displayed above belongs to kotak mahindra bank limited and is used by kotak mahindra life insurance company ltd. Fill the details in the form, verify the number for security purposes, and tick the box which states that you agree with the terms and conditions. Sign, fax and printable from pc, ipad, tablet or mobile with pdffiller. Life insurance policy buy life insurance plans online in.
In view of administrative convenience, the documents can also be submitted at nearest kli. Means the age of the life insured on hisherlast birthday as per the english calendar. Ca0268 is a corporate agent of kotak mahindra life insurance company. Surrender form original policy document original cancel cheque others if any 5.
Fill kotak life insurance surrender value, download blank or editable online. Partial withdrawal form insurance is the subject matter of the solicitation. Kotak life insurance kotak mahindra old mutual life insurance ltd introduced its kotak premier life plan which is a participating partial premium payment whole life plan. This application will not be effective until it is officially accepted by kotak mahindra old mutual life insurance ltd. The surrender form and reasons for policy surrender needs to be submitted at the nearest kotak life insurance branch, along with the following documents. This form can be sent to the policy servicing department, kotak mahindra life insurance company ltd. Claims under regular life insurance policies death claims. Kotak life insurance policy surrender procedure oneinsure. Surrender means the termination of the policy by the policyholder before expiry of.
Surrender means discontinuing the life insurance policy before maturity date. Formerly known as kotak mahindra old mutual life insurance ltd. Policy servicing forms in regional languages kotak life. Life insurance corporation of india download forms. In the event of death of the life insured during the term, the beneficiary would receive the sum assured as a 1 lump sum. The plan is offered and underwritten by kotak mahindra life insurance company limited. Nre bank statement reflecting any premiums paid from the nre account. At kotak life insurance, filing a claim is simple and hasslefree.
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