Kotak Life Insurance launches Kotak Gen2Gen Protect
Kotak Life Insurance launches Kotak Gen2Gen Protect
· Protection plan that not only covers you but can also be passed on to your child as a legacy
Chennai, June 27, 2024
Kotak Mahindra Life Insurance Company Ltd (“Kotak Life”) 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.
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