There is a new way of looking at the people in your organisation...
Through “Employee Benefits” from Kotak Life Insurance.
Some little known facts..

In today’s fast changing environment, the average life expectancy is increasing with the advent of modern medicine and technology. In 1945 it stood at 45 years, in 2002 it was 66 years and is expected to be 79 years in 2022. Retired life span is nearly competing with work life span! For an average employee current work life span is 58 years, future would see it reducing to 50 years i.e. we will have a work life span of about 25 years and a retired life span of 25 years too based on a life expectancy of atleast 75 years!! Day-to-day living costs are increasing at a drastic pace too.

Take the example of cost of milk per litre.
	1991 – Rs. 10 per litre 2002 – Rs. 20 per litre 2020 – a whopping Rs. 80!!!

The costs of medical treatment too are on an upward scale. An angioplasty treatment that was available for Rs. 1 Lakh in 1991, went upto Rs. 3.5 lakhs in 2002 and will be an astounding Rs. 10 lakhs in 2010!

Today, your employees are looking beyond immediate benefits like salary and bonuses, to benefits that they value. Therefore, a need to plan in a systematic long term manner for the future.

Group Life Insurance is one solution which can offer a range of products that facilitate risk mitigation and long term build up of capital.
The emerging Key financial needs can be broadly categorized into:
- Safe Guarding against outstanding liabilities
- Retirement Planning
- Health Care
- Wealth Creation

Our comprehensive range of Group products provide you with an efficient means for attracting, retaining and most importantly motivating your most valuable resource - your employees by giving them an important source of personal and financial stability.

The "Employee Benefits" from Kotak Life Insurance namely:

	Kotal Term Grouplan
	Kotak Credit-Term Grouplan
	Kotak Complete Cover Grouplan
	Kotak Gratuity Grouplan
	Kotak Superannuation Grouplan

Take care of all the key financial needs of your employees.

Thus, all this translates into one simple fact.
Happy employees.

Prohibition of Rebates
Section 41 of the Insurance Act, 1948 states:-
(1) No person shall allow or offer to allow, either directly or indirectly, as on inducement to any person to take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer.
(2) Any person making default in complying with the provision of this section shall be punishable with fine, which may extend to five hundred rupees.

Disclaimer:
This product leaflet gives only the salient features of the plans. The policy document is the conclusive document, and provides in detail all the conditions relating to the Kotak Term Grouplan, Kotak Term Grouplan (EDLI), Kotak Term Grouplan with Experience Sharing, Kotak Credit-Term Grouplan, Kotak Complete Cover Grouplan, Kotak Gratuity Grouplan and Kotak Superannuation

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