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India Kotak Request for Major Revival of Policy 2018-2025 free printable template

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REQUEST FOR MAJOR REVIVAL OF POLICY Details of Primary Life to be filled in Life Insured and Secondary Life to be filled in the Policyholders' column where Primary Life & Secondary Life are 2 different
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How to fill out India Kotak Request for Major Revival of Policy

01
Obtain the India Kotak Request for Major Revival of Policy form from the Kotak Life Insurance website or your nearest branch.
02
Fill in the policyholder's personal details including name, address, and contact information.
03
Provide policy details such as the policy number and type of policy.
04
State the reason for the revival request in the designated section of the form.
05
Attach any required documents, such as identity proof, policy documents, or medical reports if needed.
06
Review the completed form for accuracy and completeness.
07
Submit the form either online or at a Kotak Life Insurance branch, along with any necessary fees.

Who needs India Kotak Request for Major Revival of Policy?

01
Policyholders who have lapsed their insurance policies and wish to revive them.
02
Individuals seeking to reinstate their insurance benefits and coverage.
03
Those who want to continue their investment in the insurance policy after missing premium payments.
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People Also Ask about kotak insurance request revival blank

Surrender Policy: The surrender form and reason(s) for policy surrender needs to be submitted at the nearest Kotak Life Insurance Branch, along with the following documents: Original policy documents. Canceled cheque with the policyholder's name on it.
PHF means Principal Healthcare Finance Pty Limited or any other trustee for the time being of the Trust.
Uday KotakNon-Executive Director - Chairperson.
You can do this by logging on to the website and then going to the 'Cancel Policy' section. Or you have to contact the Kotak Mahindra life insurance company and convey your wish to cancel the policy. Make sure that you have given a free look period of 10 to 30 days for cancellation of your policy.
The surrender value of Kotak Mahindra Life insurance policy is calculated as a Single premium multiplied by 75% of the outstanding term to maturity/ total term.
However, Kotak Life limited-pay and single-pay e-term plans accrue term insurance surrender value after you pay the premium for a specified period. The amounts you get on surrendering such policies depend upon the premium paid and the remaining policy term. Surrender charges apply.

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The India Kotak Request for Major Revival of Policy is a formal application process that allows policyholders of Kotak Life Insurance to request the reactivation or revival of their lapsed insurance policies.
Policyholders whose insurance policies have lapsed due to non-payment of premiums are required to file the India Kotak Request for Major Revival of Policy.
To fill out the India Kotak Request for Major Revival of Policy, policyholders must provide relevant information including policy details, personal identification, and may also need to submit additional documents as required by the insurance provider.
The purpose of the India Kotak Request for Major Revival of Policy is to enable policyholders to reinstate their lapsed insurance policies so they can continue to enjoy the coverage and benefits originally agreed upon.
The information that must be reported includes the policy number, personal details of the policyholder, reasons for the lapse, and any outstanding premium amounts that need to be paid for revival.
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