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Know Why Kotak e-Term Plan is Profitable Over Other Investments

Know Why Kotak e-Term Plan is Right For You?

Kotak e-Term Plan is a sound financial investment when the aim is to secure the financial future of your loved ones. But aren’t there other ways to secure their future as well? Why opt for a Kotak e-Term Plan? Read on to know more!

1. High Claim Settlement Ratio

The claim settlement ratio is the percentage of claims paid by an insurance company against the total number of claims received in a financial year. A high claim settlement ratio indicates that the insurer is financially stable and can meet its obligations in case of the death of the policyholder. One of the primary reasons you must invest in Kotak e-Term Plan is its high claim settlement ratio.

For FY 2019-20, the claim settlement ratio was 96.38%. Additionally, an insurance firm performs better, the more significant the claim settlement ratio. Confirming that your insurance company has a solid claim settlement ratio history is crucial.

2. Outstanding Services

Kotak Life Insurance has received several awards. At DMAsia 2017, it received the “Best Customer Engagement Campaign Award (Silver Medal).” It was also adjudged as the “Most Trusted Life Insurance Brand in India” by The Brand Trust Report, India Study 2019.

Kotak e-Term Plan is one of the most trusted and profitable life insurance policies available in the market. It offers several features and benefits that make it a popular choice among policyholders. These reasons make Kotak e-Term Plan the best policy among all other insurance policies. If you want, then you can also calculate term insurance premium.

3. Numerous Products

The investment, protection, savings, retirement, & child education insurance plans are just a few of the life insurance options offered by Kotak Life Insurance Company. These programmes are made to accommodate each person’s needs and financial situation. Given the variety of Kotak Life insurance options, customers may select the one that best suits their needs and financial situation.

4. Affordable Products

Kotak e-Term Plan is one of the most affordable life insurance plans. It offers reasonably priced insurance options that meet the needs of potential customers. Some plans are made to offer you as many advantages as they can for a very low cost. This is why you should definitely consider investing in the Kotak e-Term Plan.

5. Excellent Customer Support

Customer support is one of the most important factors to consider while choosing an investment plan. Kotak Mahindra Life Insurance provides excellent customer support and is always available to help its policyholders with any queries or problems they may have.

The company has a dedicated team of customer care executives who are highly trained and experienced in handling all sorts of customer queries. They are savefromnet also available 24×7, so you can be sure that someone will always be there to assist you.

6. Flexible Premium Payment Options

The Kotak e-Term plan offers various premium payment options, which makes it very flexible and convenient for policyholders. You can pay your premiums monthly, quarterly, half-yearly, or annually, as per your convenience.

So, did you make your Kotak e Term Plan investment yet? If not, wait no more and contact your bank immediately for further details. This investment will surely be profitable for you in the long run!

Click here to know more about Kotak Life Term Insurance Plan: https://www.kotaklife.com/online-plans/online-term-insurance-plans

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