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Kotak Mahindra Life Insurance Company Limited (Kotak Life) today announced a bonus of Rs 1,007 crore to more than 7 lakh eligible policyholders for FY 2023-24. This is the 23rd consecutive year that Kotak Life has declared a bonus on participating products. The bonus declared is 20% higher than the bonus amount of FY2022-23. Mahesh Balasubramanian, Managing Director of Kotak Mahindra Life Insurance Company Limited said, "We are pleased to announce an increased bonus for our custome...
Kotak Life Declares Bonus of Rs 1,007 crore for 7 lakh+ Policyholders
With the licence to open 30 more branches, private life insurer Kotak Life Insurance Company Ltd, (Kotak Life) will expand its distribution network this year, said a senior official. The company currently has 289 branches. “We have the licence from the IRDAI (Insurance Regulatory and Development Authority of India) to open 30 more branches. We will open them during the course of this year,” Vivek Prakash, Joint President and Head Agency Business, said on Thursday. He w...
Kotak Life Insurance to expand branch network
Mumbai: Kotak Mahindra Life Insurance Company Limited (Kotak Life) today announced National award-winning actor Rajkummar Rao as its new brand ambassador to elevate awareness about the importance of financial security and the role of life insurance in safeguarding the future. Rajkummar Rao, widely recognised for his talent, will bring authenticity and widespread appeal to the Kotak Life brand. Known for his commitment and hardworking approach, Rajkummar Rao is a perfect fit for p...
Kotak Life Announces Rajkummar Rao as its New Brand Ambassador
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