Kotak Mahindra Life Insurance announces launch of T.U.L.I.P

Hyderabad, January 10, 2024: Kotak Mahindra Life Insurance Company Limited (“Kotak Life”) today announced the launch of
T.U.L.I.P – Term with Unit Linked Insurance Plan. T.U.L.I.P. is a unit linked term insurance plan that offers life cover upto 100 times of the annual premium while giving a customer the opportunity to earn returns like a unit linked insurance plan (ULIP). It also provides additional protection against critical illnesses and accidental death.
 
Mahesh Balasubramanian, Managing Director, Kotak Mahindra Life Insurance Company Limited said, “Customer centricity has always been the DNA at Kotak Life. TULIP offers our customers comprehensive protection like a term plan and also the opportunity to grow their wealth like a ULIP. It is aimed at taking care of our customer’s core financial needs.”