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Kotak Group Shield plan is a life insurance plan with cover and benefits including disability, death, critical illness, and terminal illness. It is designed as a comprehensive plan to cater to the insurance needs of an individual. The insurance provider allows insurance premiums to be paid one time, annually, half-yearly, quarterly or monthly.

How does the Kotak Group Shield plan work?

There are 5 basic covers that an individual can choose from:

  • Easy Group Shield
  • Group Shield
  • Group Shield Plus Disability Benefit
  • Group Shield Plus Critical Illness Benefit
  • Joint Life Option

Each of the plan’s variants includes coverage for various aspects of life events which are chosen by the insured or their family member, on the occurrence of which, they can avail benefits from the plan.

What are the benefits of the Kotak Group Shield Plan?

Some of the main benefits to be availed from Kotak Group Shield Plan are:

  • Easy application process: The process for signing up for this insurance plan is easy and hassle-free.
  • Protects against loan liabilities: If due to an unfortunate event, the insured is unable to pay loan liabilities, the sum assured under the plan is sufficient for paying off such loan liabilities.
  • Customized cover for personal needs: The plan cover for death, terminal illness, critical illness or disability is based on the option selected by the insured. Depending on the option selected and the occurrence of the said event, the family or nominee of the policyholder gets benefits.
  • Tax benefits: Tax benefits can be availed under Section 80C and Section 10 (10D) of the Income Tax Act, 1961.
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Corporate Agent (Composite)

CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

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