Kotak Life Insurance launches e-insurance

摘要

Kotak Mahindra Old Mutual Life Insurance Limited (Kotak Life Insurance) announced the launch of its e-Insurance portal through which a customer can buy life insurance online.A customer can select the plan of his choice and opt for monthly, quarterly, half yearly or annual premium payment mode.After filling the proposal form, the customer could opt to pay policy premium using either net-banking or credit card.The Proposal Deposit Receipt (PDR) is issued online after payment confirmation. Purchases are transacted through a highly secure transaction environment. Customer can schedule an appointment for pickup of mandatory documents on the portal itself for final issuance of policy. On receipt of documents (and reports of medical tests where required), policy hard copy is dispatched to the customer within 4-6 working days.