Kotak Life Insurance launches Kotak Gen2Gen Protect

Date:

Share:

Kotak Mahindra Life Insurance Company Ltd (“Kotak Life”) today announced the launch of its new protection plan Kotak Gen2Gen Protect. This product offers an industry-first feature with an option of covering two generations with one plan, thus passing on the legacy of protection.

Coming with a 100% guaranteed return of premium benefit on survival, Kotak Gen2Gen Protect offers a flexibility of transferring the complete risk cover to the child, when the parent (primary life insured) turns sixty or sixty-five years of age. Addionally, this risk cover stays on with the child till the age of sixty.

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

Mahesh Balasubramanian, MD of Kotak Mahindra Life Insurance Company Limited, said, “As an organisation, our unwavering dedication is to innovate and curate products that exceed our customers’ expectations. Kotak Gen2Gen Protect is a product through which our customers can secure two generations with a single term plan. The essence of this product comes from the importance we Indians place on family, tradition and legacy. Passing on values, knowledge and teachings to the next generation is deeply ingrained in our Indian culture. Here is a product which understands the essence of these values. I am sure innovative products like Kotak Gen2Gen Protect will expand the protection category and will contribute in a significant way to IRDAI’s vision of ‘Insurance for All’ by 2047.”

Subscribe to our magazine

━ more like this

Global Life Coach Kavyal Sedanni Leads Empowering Healing Session in Kolkata

The "Evening of Love & Light," a transformative event featuring internationally acclaimed wellness coach and psycho-spiritual healer, Kavyal Sedanni, concluded with resounding success earlier...

ILEAD Revolutionizes Healthcare in Remote India with AI-Powered Telemedicine

The Institute of Leadership, Entrepreneurship and Development (iLEAD) has successfully pioneered a groundbreaking healthcare initiative in the Sundarbans region, leveraging artificial intelligence (AI) and...

খিদিরপুরের শ্রী জগন্নাথ সেবা সমিতির সাংস্কৃতিক শাখা, উৎকলা, ‘রথযাত্রা এবং ওডিশা ফেস্টিভ্যাল ২০২৫’ মহাউৎসব উৎযাপনের কথা ঘোষণা করছে

খিদিরপুরের শ্রী জগন্নাথ মন্দিরের সাংস্কৃতিক শাখা উৎকলা, ২৭ জুন থেকে ৫ জুলাই ২০২৫ পর্যন্ত পবিত্র 'রথযাত্রা এবং ওডিশা উৎসব ২০২৫' উদযাপনের জন্য প্রস্তুত। এই...

Pioneering Medical Education and Comprehensive Care: HOPECON’25 Gears Up in Kolkata

The official curtain raiser for HOPECON’25, the highly anticipated fourth edition of India’s most comprehensive and multidisciplinary medical conference, was successfully held today, Thursday,...

The Hidden Price of Convenience: How Quick Meals Are Quietly Raising Your Blood Pressure

In today’s busy world, convenience foods have become a trusted ally. Ready-to-eat meals, frozen dinners, packaged snacks, and fast-food options are designed to fit...

LEAVE A REPLY

Please enter your comment!
Please enter your name here