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To revive lapsed Kotak Mahindra life insurance policy, the policyholder needs to make an application for revival to the company. The company may prescribe submitting a standard revival form. The insured fails to pay the premium within the grace period and the coverage of the policy lapses. The inclusion of revival of policy is a must to have as it provides an option to the insured person to renew the policy and continue with the coverage of the plan. The renewal of the lapsed policy can be done anytime within 5 years from the date of unpaid premium. First, take advice from insurance advisors on our website or if need help call: 1800-123-4003.
To determine the fund value of Kotak Mahindra life insurance, you'll need to follow the below steps.
To check the surrender value of a Kotak Mahindra life insurance policy, you can follow the below steps:
The premium price of Kotak Mahindra life insurance can vary based on several factors such as the type of policy, coverage amount, age, health condition, lifestyle, and other individual factors. To get the price of a Kotak Mahindra life insurance policy, use the online premium calculator tool at insures website or the PolicyBachat website. In this comparison tool, all you need to do is provide personalized information based on your specific needs and circumstances. By comparing quotes online you can easily get the life insurance price right now.
The surrender value of the Kotak Mahindra life insurance policy is the amount that the policyholder is entitled to receive from the Kotak Mahindra Life Insurance Company if they choose to surrender or terminate their policy before its maturity or before the insured event (such as the death of the insured) occurs. The surrender value calculation is subject to certain rules and regulations set by the IRDAI and it varies based on the type of life insurance policy and its terms and conditions.
You can buy Kotak Mahindra life insurance policy from various sources, including Insurance Companies, Insurance Agents, Online Insurance Portals, Insurance Web Aggregators, etc. But the best way to buy Kotak Mahindra life insurance policy is from the PolicyBachat website, because this allows you to compare various life insurance policies from different companies in one place. These can help you make an informed decision by providing a side-by-side comparison of policy features and premiums, benefits, etc.
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