Life insurance policy buy life insurance plans online in. 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. In case you wish to speak to our phone banking officer for urgent resolution. Formerly known as kotak mahindra old mutual life insurance ltd. The claim intimation form can be obtained under our forms section, life advisor or nearest kli branch. Life insurance corporation of india download forms. In view of administrative convenience, the documents can also be submitted at nearest kli.
Claims under regular life insurance policies death claims. Policy servicing forms in regional languages kotak life. Persons receiving such emails mentioning kotak life are requested to highlight the same immediately to kli. Means the age of the life insured on hisherlast birthday as per the english calendar. Please note that for full surrender of policy, the policy documentcertificate of life insurance cover must be returned together with the application. Surrender value meaning in life insurance and how its. This application will not be effective until it is officially accepted by kotak mahindra old mutual life insurance ltd.
Download application forms download centre kotak life. At kotak life insurance, filing a claim is simple and hasslefree. Kotak mahindra life insurance company limited is a joint venture. Partial withdrawal form insurance is the subject matter of the solicitation. Kotak sampoorn bima micro insurance plan proposal form. Submit your policy documents along with duly filled surrender form at the. 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. Fill kotak life insurance surrender value, download blank or editable online. After paying stipulated premium andor after continuing the policy for a stipulated. Kotak mahindra life insurance company limited, regd.
The person legally entitled to receive the policy monies should give intimation of death of the policyholder to the servicing branch. The plan is offered and underwritten by kotak mahindra life insurance company limited. Kotak mahindra life insurance policy status, details, statement online. Disclaimer kotak mahindra bank ltd is a corporate agent of kotak mahindra life insurance company limited. Sign, fax and printable from pc, ipad, tablet or mobile with pdffiller. Kotak mahindra life insurance company limited kotak life is a 100% owned subsidiary of kotak mahindra bank limited kotak. Surrender form original policy document original cancel cheque others if any 5. The surrender form and reasons for policy surrender needs to be submitted at the nearest kotak life insurance branch, along with the following documents. In the event of death of the life insured during the term, the beneficiary would receive the sum assured as a 1 lump sum. Nre bank statement reflecting any premiums paid from the nre account. All you have to do is quickly download a form as per your requirement, fill in the required. 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. Get the kotak life insurance surrender value form pdffiller.
Surrender means discontinuing the life insurance policy before maturity date. This form can be sent to the policy servicing department, kotak mahindra life insurance company ltd. For any changes in the policy or surrender or partial withdrawal, the customer needs to contact the below address. Surrender means the termination of the policy by the policyholder before expiry of. Ca0268 is a corporate agent of kotak mahindra life insurance company. 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. 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. 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. Trade logo displayed above belongs to kotak mahindra bank limited and is used by kotak mahindra life insurance company ltd. 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 life insurance policy surrender procedure oneinsure.
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