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16%
1.60 

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Kotak Life Insurance Reviews

Cheaters,Fraudsters,Irresponsibke
Mar 29, 2016 05:40 AM Read (via Android App)
The worst insurance ever. I have invested in them since Oct 2009 giving timeply premiums. Last Oct 2015 I surrendered the policy in urgent need of funds Rs311481. Its been five months things are going in circles. They ask for new document everytime and my case is getting transferred to the next ...Read More

Dd
Mar 10, 2016 10:52 PM Read
I HAVE A POLICY OF 15K YEARLY POLICY NUMBER 603846585 STARTED IN 2008 .HAVE PAID RS 1, 20, 000.00 TILL NOW AND MY BALANCE SHOWS 1, 11, 286.23. WHEREAS THE NAV IN 2008 WAS RS 23.02000 AND IS Rs 42.12800 TODAY.KINDLY EXPLAIN THE EROSION OF MY CAPITAL MONEY AND INTEREST. I JUST SAW THE STATEM...Read More

Kotak life insurance selling fraud policy's
Sep 13, 2015 09:47 AM Read (via Mobile)
Before purchasing policy from kotak life.Their agent told me I will get bonus of Rs 6000 every year And if I stopped policy after 3 year I will get minimum amount Rs 1350000.But still date policy has completed  more than 5 years. I not got bonus and if now I surrender policy I will get only s...Read More

YOUR RATING ON

Kotak Life Insurance
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Highly unprofessional Company
Sep 03, 2015 03:42 PM Read
Kotak Life Insurance highly unprofessional. I had taken life Insurance policy for my son paid all 18 premiums. Last premium paid short since the amount was changed.I asked the executive if I need to pay this balance amount .On phone the executive agreed to waive off Rs 35 paid short for final In...Read More

Kotak life term plan - extremely inefficient folks
Aug 12, 2015 09:45 PM Read
I am an IT professional with 15+ years of experience and a well travelled individual. I had applied for eTerm Plan of 50Lacs from this company. At the same time, I applied for Rs. 75Lacs of eTerm plan from Max Life. To my utter disappointment, while Max guys got my health checkup done and ...Read More

Kotak Life Insurance
Jul 22, 2015 05:11 PM Read
I read all the insurance companies comments on mouth shut. In all insurance companies peoples are not happy with service and products, its reasons are not good agents guidance or selection of non-suitable products. Insurance is the product we must take in our life. We should see our need and ...Read More

Not good place to invest
Jul 16, 2015 09:46 PM Read
I had a ULIP policy with Kotak Mahindra insurance. That was my most heavily paid insurance. However this policy ran for years and did not give any profit. When I enquired Kotak Mahindra insurance and requested to look into the matter, they simply told I can switch the funds. They had no sugge...Read More

Cover accidental death, ADB is additional amount.
Jun 18, 2015 03:23 PM Read
I have kotak e-preferred term plan. I have taken this policy because they said Accidental Death Cover(ADB) is covered in policy. On sending mail about to confirm ADB I got two responses. according to one response Accidental Death is not covered and other response saying accidental death is cover...Read More

Pathetic Customer service standards , Master cheat
Mar 11, 2015 05:33 PM Read
I am surprised  Customer service department is ISO 9001-2008 Certified by TUV SUD Management Services for KOTAK LIFE INSURANCE, My rating for this service should be CHOR BAZAAR CERTIFICATION OF HIGHEST ORDER. After numerous reminders they just will never respond back to your mail request and ...Read More

Cheaters!!
Feb 19, 2015 09:06 PM Read
How disguesting are these people. A follow up from continuous 3 months ans still no solution for it. They take a decision on behalf of u and just update it themselves Cheaters and they know is to loot money from people. Caresslessness, ignorance at peak. Pathetic customer service, rude agents...Read More

Kotak Fake & Big Cheaters and Fake Promises.
Dec 01, 2014 04:15 PM Read
I am investing 60k (30, 30 two policies) per yr in Kotak Capital Multiplier Plan. Initially Agent calling me so many times, so I gave him appointment. He explained me using Kotak xerox copies of existing customers and showed me projected values after 15 yrs. So after 1 week period, I decided to ...Read More

Don't trust Kotak .. They share your personal data
Nov 27, 2014 08:08 PM Read
I had taken a policy with Kotak Life Insurance and surrendered it last year. Some days back I got call from some person saying that he's talking from Kotak life insurance and the policy which I had surrendered had some benefits pending and I need to pay amount of 25000 to withdraw the amount. I ...Read More

Dont believe, they are cheaters
Nov 27, 2014 10:09 AM Read
I bought 4 Kotak Life Insurance policies, each of Rs 25000. I paid 1 installment for two policies and 3 installments for 2 policies. The Fund was not doing well, in fact worst, therefore I did not pay for 2 installments for other 2 policies. One day I received a letter from the company saying th...Read More

Please avoid KOTAK Life Insurance -read it fully
Oct 01, 2014 05:19 PM Read
"Please avoid KOTAK Life Insurance" I'm making this statement only after being a customer of Kotak Life Insurance for 3+ years. Fund Performance will NOT be good or not even near any other big Insurance companies. If there is any Issue with login or viewing fund value or unable to do fund ...Read More

Kotak Life Insurance cheating the customers
Sep 09, 2014 02:34 PM Read
Hello, I have paid 5 years in Kotak Life insurance for policy # 02008206 and I want to withdraw now but as per the policy I will not get the 1st year amount of 18 K it seems & will get only the 4 years amount after deducting 2% charges. What the hell is this? While taking policy the agent ...Read More

Nothing good in it
Dec 17, 2013 07:10 PM Read
Since you don't have negative rating, I have to give 1. Else these fellows do not deserve this too. I invested in dynamic fund Kotak Smart Advantage(UIN-107L043V01) and currently I dont have even the sum of deposit fund, I am in loss even after 4 years. My Date of Commencement was 17 Aug 2...Read More

Kotak Mahindra Money Back Policy
Dec 12, 2013 04:57 PM Read
Hello, At the time of the policy, the agent told many thing to us and once we got the policy every thing is being changed and this agent was 60 yrs old man. How can he do this, I don't understand. Please don't take any money back policy. Once if you take this, you will curse yourself I hav...Read More

The company motto is too bad
Nov 20, 2013 01:40 PM Read
They will say to customer one and they will do different. They promised me your amount will be doubled with in a 5 years but the current amount is half the investment in Kotak Flexi plan. If any employee seeing this please resign you job on that company. Don't cheat the customer. I am not gettin...Read More

Kotak surakshit jeevan - Suggestion require
Nov 12, 2013 12:07 AM Read
For a 57 yr retired person, sum assured Rs.63, 552, term 10 yrs, premium Rs.10050 per month. Is this policy a good policy? Is it a good sale for an authorized IRDA pass insurance advisor? . Dear friends please suggest me what will be the further action for me should I continue it or surrender...Read More

Worst Customer Service
Oct 24, 2013 09:53 AM Read
I am having Kotak Life Policy.. For the annual premium due in July 2013, I made double payment. The first payment was made through Citi Bank credit card on 15.7.2013 and the second payment was made through Visa Bill pay attached to ICICI bank credit card on 24.7.2013. Since I have made double pa...Read More

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