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Kotak Mahindra launches this special insurance, women will get extra benefits

Sagar Patel

By Sagar Patel

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If you are looking for the best life insurance, you must know about this recently launched plan by Kotak. In fact, Kotak Mahindra Life Insurance Company Limited has launched its new Kotak Gen2Gen Protect insurance scheme. This product is a scheme that offers, for the first time in the industry, the option to cover two generations, carrying forward the legacy of protection.

The advantage of this survival-based premium is that 100 percent of the guaranteed amount will be returned. Let us tell you that Kotak Gen2Gen Protect provides the possibility of transferring the complete risk coverage to the child when the parents (first insured) turn 60 or 65 years of age. Additionally, this risk coverage remains with the child until age 60.

Women get additional benefits

The product also offers comprehensive coverage through riders such as Welfare Benefit and Accidental Death Benefit, Permanent Disability Benefit and Critical Illness Plus. For insured women, Kotak Gen2Gen Protect offers an additional 5% death benefit.

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MD of the company gave information.

Mahesh Balasubramaniam, MD, Kotak Mahindra Life Insurance Company Limited, said that as an organization, our dedication is to innovate and select products that meet the expectations of our customers. Kotak Gen2Gen Protect is a product through which our customers can protect two generations with a single term plan. The idea of ​​this product arises from the importance that Indians give to family, tradition and heritage.

Passing on values, knowledge and education to the next generation is deeply rooted in our Indian culture. Here is a product that understands the importance of these values. I am confident that innovative products like Kotak Gen2Gen Protect will expand the protection category and significantly contribute to IRDAI’s goal of ‘safe for all’ by 2047.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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