Uday Kotak (born 15 March 1959) is an Indian banker; executive vice chairman and managing director of Kotak Mahindra Bank.

On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India.

Forbes estimated his wealth to be $4.1 billion in 2012. In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million. In June 2014, he was named Ernst & Young World Entrepreneur of the Year 2014.

ABOUT THE FOUNDER

Director: Mr. Gaurang Shah.

Managing Director: Mr. G Murlidhar.

Chief Investment Officer: Mr. Sudhakar Shanbhag.

Senior Executive Vice president & Chief financial officer: Mr. Cedric Fernandez.

MANAGEMENT

Traditionally, life insurance used to provide financial protection to your family and dependents in the event of any unforeseen event or your untimely death. But nowadays, life insurance has become synonymous with savings, wealth generation and protection. Life insurance companies-these days-provide plans through which you can not only secure the financial future of your dependents in the event of death but also build wealth for them and be financially secure from eventualities such as disease and disability.

WHAT IS LIFE INSURANCE?

Life insurance is required because of the following factors -

Life insurance takes care of those who are financially dependent on you even when you are not around to look after them.

Retirement planning takes care of your retirement, as there is no guarantee of a consistent income post retirement.

The expenses you may incur in future will keep increasing due to inflation, and thus even a fluctuation in your income may lead to a compromised lifestyle.

Savings plan enables individuals to secure their financial future by helping you to get attractive returns.

WHY LIFE INSURANCE?

Kotak Mahindra Old Mutual Life Insurance is one of the fastest growing insurance companies in India, trusted by over 4 million policyholders nationwide. The company is differentiated because of its proven ability to deliver outstanding value to its customers through high customer empathy and understanding, lifetime of exceptional service and suite of products that best leverage the combined prowess of Protection and Long term Savings - the two key elements that determine any winning life insurance product. The company also has among the best claim ratios in the industry.

WHY KOTAK LIFE INSURANCE?

Financial acumen:

Discipline Fund Management:

Innovativeness:

Unrelenting Customer Focus:

Transparency In Surveys:

STRENGTHS

Value creation

The global Indian financial services brand

The most preferred employer in financial services

The most trusted financial services company

An uncommon bond strengthened by a common vision.

VISION & MISSION

INSURANCE PLANS

PROTECTION PLAN KOTAK INCOME PROTECTION PLAN

Increasing Monthly Income

Guaranteed payout period of Monthly Income

Assured Benefit as lump sum on Death

KEY FEATURES

ELIGIBILITY:

SAVING & INVESTMENT PLANKOTAK SINGLE INVEST PLUS

Convenience of onetime payment – Single Premium

Joint Live cover – Provides cover on both the lives

Advantage of Loyalty Additions

KEY FEATURES:

ELIGIBILITY

RETIREMENT PLANKOTAK LIFE TIME INCOME PLAN

Ensures financial independence post retirement

Offers a wide range of income options suiting different retirement needs

Allows a range of annuity payout frequencies

KEY FEATURES

ELIGIBILITY

CHILD PLANKOTAK HEADSTART CHILD ASSURE

Receive a planned corpus at maturity

Secure the well-being of your family through triple protection

Build the maturity amount as per your risk return preference

Flexible premium payment period

KEY FEATURES

ELIGIBILITY

COMPARISON

Kotak Life Insurance has lower premium for a 1 Crore cover.

Kotak Life Insurance has a higher claim settlement ratio.

Kotak Life Insurance has also resolved more grievances.

Kotak Life Insurance has a lot of riders. Also, as a company Kotak is more

trustworthy than Bharti Axa.

RESULTS

THANK YOU