In India, Kotak Life Insurance Limited is a private private leading Life Insurance company .In 2001, Kotak life insurace LTD company was founded. It currently caters to 15 million customers and having presence of 232 branches in around 167 cities and towns in India. The company has an agency strength of more than 99,275 agents Under the umbrella. The company offers different saving plans, protection and investment Plan also. In the Changing of life, it is becoming necessary to get insurance plan for saving and other purposes such as jivan beema with kotak life insurance.
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In 1985, kotak mahindra group was founded as financial services provider. Kotak mahindra finance Limited received the banking license in February 2003 from RBI (Reserve Bank of India) to conduct the banking services in India as kotak Mahindra Bank LTD of Kotak Life Insurance.
Summery of KLI ( Kotak Life insurance )
|Kotak Life Insurance|
|Headquarters||2nd Floor, C- 12, G- Block, Bandra East, Mumbai- 400051|
|Chairman of KLI||Uday Kotak|
|Vice Chairman||Shailesh Devchand|
|Managing Director||G Murlidhar|
|Parent organization||Kotak Mahindra Bank|
Kotak life Insurance (Kotak Mahindra Old Mutual Life Insurance Limited) has announced a record 42 percent as profit growth.
Kotak Life insurance is best leading organisation which has declaring to pay bonuse for participating in policies with an accumulation fund, resulting in total returns of 8% for annuity policies and 7% other policies.KLI has declared special bonus of 2% on products eligible for reversionary bonus. These bonus declarations resulted in the value of policyholders’ benefits increasing day by day.
Brief of KOTAK MAHINDRA OLD MUTUAL LIFE INSURANCE LTD
Kotak Mahindra Old Mutual Life Insurance Ltd is a joint venture between Kotak Mahindra Bank Ltd.,A Company that combines its international strengths and local advantages to offer its customers a wide range of innovative life insurance products.Kotak is Fastest growing company in india in insurance market. Kotak mahindra is taking best financial decisions at every moment or stage in market. Staying financially independent Kotak covers more than 3 million lives.
For more information on Kotak Mahindra Old Mutual Life Insurance, please visit www.kotaklifeinsurance.com
Kotak having a net worth more than Rs 10060 cr. Kotak serves from commercial banking to car finance, stock brokrage, asset management, life insurance, Investment banking etc.
For information on Kotak Mahindra Group, may visit www.kotak.com
In different fields of long-term savings, protection and investment Group. Originating in South Africa in 1845 working as international competitor having over than 15 million customers in Europe, the Americas, Africa and Asia.