{"uin":"107N135V01","name":"Kotak Signature Legacy","url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01","insurer":{"slug":"kotak-mahindra-life-insurance","name":"Kotak Mahindra Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/kotak-mahindra-life-insurance"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Kotak Signature Legacy is a non-participating non-linked individual pure risk / savings life insurance product with Legacy and Legacy Plus plan options. Death benefit is based on the Sum Assured on Death, there is no maturity benefit, and Legacy Plus adds a survival benefit at age 85 years.","analysis":{"state":"machine","analysed_at":"2026-10-20 00:50:25.548555+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Legacy","Legacy Plus"],"display":"Legacy; Legacy Plus","note":null,"quote":"The Policyholder may choose one of the below Plan Options at inception of Policy:\nThe Plan Option once chosen cannot be changed during the Policy Term. ... i) Legacy:\nUnder this plan option, the Death Benefit will be available till age 99 years of the Life Insured. ... ii) Legacy Plus:\nUnder this plan option, the Death Benefit will be available till age 99 years of the Life Insured; and the Life Insured will be entitled to Survival Benefit as described in Section 6 of Part C on policy anniversary following attainment of age 85 years","sources":[{"clause":"1","heading":"Plan Options","page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-2"},{"clause":"1(i)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-i"},{"clause":"1(ii)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-ii"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"Policy Term is 99 minus Entry Age years.","display":"99 minus Entry Age years","note":null,"quote":"Policy Term: | << 99 minus Entry Age >> years","sources":[{"clause":null,"heading":"Policy Details","page":6,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-policy-details"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Claims should be notified to the company in writing within ninety (90) days from the claim event. The company may condone delay on merit where the delay is genuine and for reasons beyond the claimant's control.","display":"Within ninety (90) days from the claim event; delay may be condoned on merit","note":null,"quote":"Claims should be notified to the Company in writing within ninety (90) days from the claim event. ... The Company reserves its rights to condone the delay on merit for delayed claims, where the delay is genuine and proved to be for reasons beyond the control of the Claimant.","sources":[{"clause":"5(ii)","heading":null,"page":26,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-5-ii"},{"clause":"5(iii)","heading":null,"page":26,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-5-iii"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Death Certificate","Original Policy Document","Medical Certificate stating cause of death","Medical Records","Medical Questionnaire / Physician Statement","First Information Report /Inquest / Panchnama","Post Mortem Report / Chemical Analysis Report (Viscera)","Driving License","Final Police Investigation Report","Claim Intimation Form","Claimant’s Photograph, Current Address Proof and Photo ID Proof","Aadhaar Consent Form","Copy of Cancelled cheque"],"display":"Death certificate, original policy document, medical records, accident records where applicable, claimant KYC and bank details","note":"The company may call for additional information and documents to establish claim validity.","quote":"- A copy of Death Certificate issued by municipality or equivalent authority. Original Death Certificate to be presented at branch for verification.\n- Original Policy Document\n- Medical Certificate stating cause of death\n- Medical Records (Consultation Notes, Treatment Records, Admission Notes, Hospital Indoor Papers, Discharge / Death summary, Investigation Reports etc.)\n- Medical Questionnaire / Physician Statement ... - Copy of duly certified First Information Report /Inquest / Panchnama (translation mandatory in case vernacular language)\n- Copy of duly certified Post Mortem Report / Chemical Analysis Report (Viscera)\n- Copy of Driving License if the Insured Person was driving the vehicle at the time of the accident.\n- Copy of Final Police Investigation Report ... - Claim Intimation Form: For any claim, one must inform the insurance company by filling the ‘Claim Intimation Form’ with all details. ... - Claimant’s Photograph, Current Address Proof and Photo ID Proof as mentioned\n- Aadhaar Consent Form (In case Aadhaar is submitted)\n- Copy of Cancelled cheque showing name of Bank, location of Bank Branch, Name of Account Holder, Bank Account No. and Bank IFSC Code.","sources":[{"clause":"5(iv)","heading":null,"page":26,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-5-iv"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"For insta payout, the insurer shall endeavour to pay ₹ 2,00,000 in advance within two (2) working days from the claim registration date, subject to submission of all required mandatory supporting documents. The remaining death benefit is payable once the death benefit claim is found admissible; the full claim settlement time is not specified in the policy wording.","display":"Insta payout of ₹ 2,00,000 within two (2) working days after all required documents; balance after admissibility","note":"Insta payout applies only after completion of three (3) consecutive Policy years and for an in-force policy; it is not acceptance of full policy liability.","quote":"the Insurer shall endeavour to pay an amount of ₹ 2,00,000 in advance (out of the Death Benefit payable) to the Claimant within two (2) working days from the claim registration date (subject to submission of all required mandatory supporting documents as specified above). ... Thereafter, the remaining balance amount of the Death Benefit shall be payable to the Claimant once the Death Benefit claim is found admissible by the Insurer as per the terms and conditions mentioned in this Policy Document. ... The said two (2) working day’s period shall be reckoned from the time all documents as mentioned are submitted to the Insurer","sources":[{"clause":"6","heading":"Insta Payout on Claim Intimation","page":27,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-6-4"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Intentional self-inflicted injury, suicide","Life Insured being under the influence of drugs, alcohol, narcotics, or psychotropic substances unless taken in accordance with the lawful directions and prescription of a doctor","Life Insured committing an assault, a criminal offence, an illegal activity or any breach of law with criminal intent","Life Insured taking part in any naval, military or air force operations during peace time or during service in any police, paramilitary or any similar organization","War, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection, military or usurped power, riot or civil commotion, strikes","Life Insured engaging in hazardous sports/ hobbies or activities like (but not limited to) mountaineering, hunting, skiing, pot holing, racing of any kind, deep sea diving or climbing","Participation of the Life Insured in any flying activity, except as a bona fide, farepaying passenger of a recognized airline or pilots and cabin crew of a commercial airline operating between established aerodromes on regular routes and on a scheduled timetable","Nuclear, biological and chemical contamination","death of the Life Insured due to suicide within twelve (12) months from the Date of Commencement of Risk"],"display":"Accidental death exclusions include self-inflicted injury or suicide, intoxication, criminal acts, armed forces operations, war or civil commotion, hazardous sports, non-permitted flying and nuclear/biological/chemical contamination; suicide within twelve (12) months is limited to 80% of premiums paid","note":"The listed accident exclusions apply to the Accidental Death Benefit. Suicide within twelve (12) months is a benefit limitation rather than a complete denial.","quote":"The Accidental Death Benefit shall not be paid if death of the Life Insured occurs directly or indirectly as a result of any of the following: o Intentional self-inflicted injury, suicide; o Life Insured being under the influence of drugs, alcohol, narcotics, or psychotropic substances unless taken in accordance with the lawful directions and prescription of a doctor; o Life Insured committing an assault, a criminal offence, an illegal activity or any breach of law with criminal intent; o Life Insured taking part in any naval, military or air force operations during peace time or during service in any police, paramilitary or any similar organization; o War, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection, military or usurped power, riot or civil commotion, strikes; o Life Insured engaging in hazardous sports/ hobbies or activities like (but not limited to) mountaineering, hunting, skiing, pot holing, racing of any kind, deep sea diving or climbing; o Participation of the Life Insured in any flying activity, except as a bona fide, farepaying passenger of a recognized airline or pilots and cabin crew of a commercial airline operating between established aerodromes on regular routes and on a scheduled timetable; o Nuclear, biological and chemical contamination; ... In the event of death of the Life Insured due to suicide within twelve (12) months from the Date of Commencement of Risk, 80% of the Total Premiums paid till the date of death shall be payable to the Claimant provided the Policy is In force.","sources":[{"clause":"4","heading":"Accidental Death Benefit","page":16,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-4-2"},{"clause":"1","heading":"Suicide Exclusion","page":25,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-4"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"The policyholder or complainant should first approach the insurer through a branch, customer service department, toll-free number or the WECARE link. If not satisfied or no response is received within 14 days, they may contact the insurer's Grievance Redressal Officer.","display":"First approach Kotak Life customer service; escalate to Grievance Redressal Officer if no satisfactory response within 14 days","note":null,"quote":"In case the Policyholder/ complainant has any complaint(s) or grievance(s) against the Insurer, he/ she may approach the Insurer using any of the following modes for resolution:\n• visit any of the Insurer’s nearest branches;\n• write to the Insurer’s customer service department at - Customer Care, Kotak Mahindra Life Insurance Company Limited, 9th floor, Intellion Square (Bldg No. 4), Infinity IT Park, Gen. AK Vaidya Marg, Malad (E), Mumbai-400 097;\n• call the Insurer’s toll free number at 1800 209 8800;\n• write to the Insurer at https://kli.in/WECARE\nEscalation mechanism of the Insurer:\nIn case the Policyholder/ complainant is not satisfied with the decision provided by the above office(s) or has not received any response within 14 days, he/ she may contact the Grievance Redressal Officer","sources":[{"clause":"1","heading":"For resolution of grievances","page":31,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-5"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Basic Sum Assured is the amount opted at inception and mentioned in the Schedule. Sum Assured on Death is the higher of Basic Sum Assured, Legacy Benefit, Surrender Value as on date of insured event, or 105% of Total Premiums paid till the date of insured event.","display":"Sum Assured on Death is the higher of Basic Sum Assured, Legacy Benefit, Surrender Value, or 105% of Total Premiums paid","note":"The policy wording provided is a template and does not state product-level minimum or maximum Basic Sum Assured.","quote":"Means the amount opted by the Policyholder on Inception of Policy and payable as per the terms and conditions of this Policy Document. The amount of Basic Sum Assured under this Policy is mentioned in the Schedule. ... Sum Assured on Death shall be higher of the following:\na) Basic Sum Assured; or\nb) Legacy Benefit; or\nc) Surrender Value as on date of Insured event; or\nd) 105% of Total Premiums paid till the date of Insured event;","sources":[{"clause":"11","heading":"Basic Sum Assured","page":10,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-11"},{"clause":"2","heading":"Death Benefit","page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-2-2"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"If the Life Insured dies during the policy term while the policy is in force, death other than due to accident pays Sum Assured on Death. Accidental death during the Premium Payment Term pays an additional amount equal to the lower of 100% of Sum Assured on Death or Rs. 2 Cr.","display":"Non-accidental death: Sum Assured on Death; accidental death during Premium Payment Term: additional lower of 100% Sum Assured on Death or Rs. 2 Cr","note":null,"quote":"The Death Benefit shall be payable to the Claimant in case of death of the Life Insured, during the Policy Term provided policy is In-force is as follows:\ni) In case of Death other than due to Accident:\nThe Death Benefit payable will be Sum Assured on Death.\nii) In case of Accidental Death (available only during Premium Payment Term):\nThe Death Benefit payable will be an additional amount equal to lower of 100% Sum Assured on Death or Rs. 2 Cr.\nSum Assured on Death shall be higher of the following:\na) Basic Sum Assured; or\nb) Legacy Benefit; or\nc) Surrender Value as on date of Insured event; or\nd) 105% of Total Premiums paid till the date of Insured event;","sources":[{"clause":"2","heading":"Death Benefit","page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-2-2"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"No benefit is payable on survival of the Life Insured to the Date of Maturity.","display":"No maturity benefit","note":null,"quote":"No benefit shall become payable under the Policy upon survival of the Life Insured to the Date of Maturity specified in the Schedule of the Policy.","sources":[{"clause":"5","heading":"Maturity Benefit","page":17,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-5-2"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"not-stated","value":null,"display":null,"note":"The schedule template shows “Premium Payment Term: | << __ >> years”, but the documents provided do not state the product-level premium paying term options.","quote":null,"sources":[],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"The policy runs to age 99 years of the Life Insured.","display":"99 years","note":null,"quote":"Policy Term: | << 99 minus Entry Age >> years ... Under this plan option, the Death Benefit will be available till age 99 years of the Life Insured. ... Under this plan option, the Death Benefit will be available till age 99 years of the Life Insured;","sources":[{"clause":null,"heading":"Policy Details","page":6,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-policy-details"},{"clause":"1(i)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-i"},{"clause":"1(ii)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-ii"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death is due to suicide within twelve (12) months from the Date of Commencement of Risk, 80% of Total Premiums paid till death is payable if the policy is in force. For suicide within twelve (12) months of revival, if revival was within six (6) months of the first unpaid premium, the suicide exclusion does not apply; if revival was after six (6) months, the higher of 80% of Total Premiums paid or Surrender Value is payable if the policy is in force.","display":"Within twelve (12) months: 80% of Total Premiums paid; revival rules depend on whether revival was within or after six (6) months","note":null,"quote":"In the event of death of the Life Insured due to suicide within twelve (12) months from the Date of Commencement of Risk, 80% of the Total Premiums paid till the date of death shall be payable to the Claimant provided the Policy is In force. ... In case of death of Life Insured due to suicide within twelve (12) months of the date of Revival of the Policy, when the Revival is done within six (6) months from the date of first unpaid Premium; the Suicide Exclusion shall not be applicable and the Death Benefit under the Policy shall be payable to the Claimant provided the Policy is In force. o In case of death of Life Insured due to suicide within twelve (12) months of the date of Revival, when the Revival is done after six (6) months from the date of first unpaid Premium; benefit payable shall be higher of 80% of the Total Premiums paid till the date of death or Surrender Value (if any) as on the date of death shall be payable to the Claimant provided the Policy is In-force.","sources":[{"clause":"1","heading":"Suicide Exclusion","page":25,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-1-4"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policy can be surrendered any time after payment of at least one full policy year's premiums. For Legacy, there is no Guaranteed Surrender Value and Special Surrender Value is determined by the insurer; for Legacy Plus, Surrender Value is the higher of Guaranteed Surrender Value and Special Surrender Value, with Guaranteed Surrender Value acquired after full premiums due for at least 2 consecutive policy years have been paid. Surrender Value is paid as a lump sum and all benefits cease.","display":"Surrender after at least one full policy year’s premiums; Legacy has no GSV; Legacy Plus gets GSV after 2 consecutive policy years; paid lump sum","note":null,"quote":"You can Surrender the Policy any time after payment of at least one full policy year’s premium(s). On Surrender of the Policy, Surrender Value will be payable as per the Plan Option selected at inception: ... Guaranteed Surrender Value (GSV): There is no GSV applicable for this Plan Option. Special Surrender Value (SSV): Special Surrender Value will be solely determined by the Insurer at its discretion ... Guaranteed Surrender Value (GSV): The Policy shall acquire Guaranteed Surrender Value if full Premiums due for at least 2 consecutive Policy years have been paid. ... The Surrender Value will be paid out as a lump sum. ... Upon payment of Surrender Value, all the benefits will cease, and the Policy shall be terminated.","sources":[{"clause":"3(i)","heading":null,"page":21,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-3-i"},{"clause":"3(ii)","heading":null,"page":21,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-3-ii"},{"clause":"3(iii)","heading":null,"page":21,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-3-iii"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"If at least one full policy year's premiums are paid and due premiums are not received within the Grace Period during the Premium Payment Term, the policy becomes Reduced Paid-Up. If not revived within the revival period, it continues in Reduced Paid-Up mode until the end of the Policy Term; death benefit is the Reduced Paid-Up Death Benefit and no maturity benefit is payable.","display":"After at least one full Policy Year’s Premiums, non-payment within Grace Period converts to Reduced Paid-Up; continues to end of term if not revived","note":"Legacy Plus Reduced Paid-Up also retains the age 85 survival benefit as stated in the policy.","quote":"If at least one full Policy Year’s Premiums are paid and due Premiums are not received within the Grace Period anytime during the Premium Payment Term, the Policy shall be converted into Reduced Paid-Up policy. ... In case Reduced Paid-Up policy is not revived within the revival period, it will continue in that mode till end of the Policy Term. ... In case of Death of the Life Insured during the Policy Term, the Reduced Paid-Up Death Benefit shall be payable as lump sum and the Policy will terminate thereafter. ... No benefit shall become payable under a Reduced- Paid-up policy upon survival of the Life Insured to the Date of Maturity specified in the Schedule of the Policy.","sources":[{"clause":"4(i)","heading":null,"page":22,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-4-i"},{"clause":"4(ii)","heading":null,"page":22,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-4-ii"},{"clause":"4(iv)","heading":null,"page":22,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-4-iv"},{"clause":"4(d)","heading":null,"page":22,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-4-d"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A lapsed policy may be revived by written physical or electronic application within five (5) years from the due date of the first unpaid premium and before maturity, subject to insurer approval and payment of outstanding premiums with taxes and interest.","display":"Within five (5) years from the due date of the first unpaid Premium and before maturity","note":null,"quote":"The Policyholder can revive a Lapsed Policy (with or without Riders) by making a written (physical or electronic) application to the Insurer to that effect; within a period of five (5) years from the due date of the first unpaid Premium and before the Date of Maturity of the Policy. ... Payment of the outstanding Premiums along with the applicable taxes, cesses and levies (if any); plus, interest charge (currently 9% per annum simple interest of outstanding Premiums)","sources":[{"clause":"2","heading":"Revival","page":20,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-2-3"},{"clause":"2(ii)","heading":null,"page":20,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-2-ii"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Loans may be granted only if the policyholder chose Legacy Plus at inception and the policy has acquired a Surrender Value. The minimum loan is ₹ 10,000/- and the maximum is up to 25% of Surrender Value.","display":"Legacy Plus only: minimum ₹ 10,000/- and maximum up to 25% of Surrender Value","note":"Loans are not stated as available under Legacy.","quote":"If the Policyholder has chosen the Plan Option - Legacy Plus at the inception, loans may be granted under the Policy for a minimum amount of ₹ 10,000/- and maximum up to 25% of the Surrender Value (higher of Guaranteed Surrender Value or Special Surrender Value) of the Policy, provided that the Policy has acquired a Surrender Value","sources":[{"clause":"5","heading":"Loans","page":23,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-5-3"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["Kotak Permanent Disability Benefit Rider","Kotak Accidental Disability Guardian Benefit"],"display":"Kotak Permanent Disability Benefit Rider; Kotak Accidental Disability Guardian Benefit","note":null,"quote":"The Policyholder may opt for any of the following “Riders” (either at inception of Policy or during the Policy Term) by paying their respective premiums with Goods & Services Tax and cess as applicable; subject to the terms and conditions applicable to each such Rider:\n• Kotak Permanent Disability Benefit Rider\n• Kotak Accidental Disability Guardian Benefit","sources":[{"clause":"7","heading":"Rider Benefit","page":17,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-7-2"}],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after expiry of 3 years from the later of policy issuance, commencement of risk, revival, or rider date. Within 3 years it may be called in question on the ground of fraud, with written communication of the grounds and materials, and it may also be questioned for material misstatement within 3 years.","display":"After expiry of 3 years, no policy can be called in question on any ground; fraud or material misstatement can be raised within 3 years","note":null,"quote":"No Policy of Life Insurance shall be called in question on any ground whatsoever after\nexpiry of 3 years from\na) the date of issuance of policy or\nb) the date of commencement of risk or\nc) the date of revival of policy or\nd) the date of rider to the policy whichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years from ... For this, the Insurer should communicate in writing to the insured or legal representative or nominee or assignees of insured, as applicable, mentioning the ground and materials on which such decision is based. ... Life insurance Policy can be called in question within 3 years on the ground that any\nstatement of or suppression of a fact material to expectancy of life of the insured was incorrectly made","sources":[{"clause":"01","heading":"No Policy of Life Insurance shall be called in question on any ground whatsoever after","page":40,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-01-3"},{"clause":"02","heading":null,"page":40,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-02-3"},{"clause":"06","heading":"Life insurance Policy can be called in question within 3 years on the ground that any","page":40,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-06-3"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"The policy is subject to tax laws as amended from time to time, and the policyholder is advised to consult a tax advisor for tax benefits available under the policy.","display":"Policy is subject to Tax Laws; consult tax advisor for tax benefits","note":null,"quote":"This Policy is subject to the Tax Laws*, as amended from time to time, and other legislations prevailing in India. ... The Policyholder is advised to consult his/ her tax advisor for the tax benefits available under this Policy.","sources":[{"clause":"10(v)","heading":null,"page":30,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-10-v"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":"Applies except for policies having a Policy Term of less than a year.","quote":"The Policyholder is offered a 30 days’ free look period to review the terms and conditions of the Policy (except for policies having a Policy Term of less than a year) beginning from the date of receiving the Policy Document in electronic form.","sources":[{"clause":"6","heading":"Free Look Provision","page":23,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-6-3"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days; 15 days for Monthly Premium Payment Mode","note":"30 days applies for Yearly, Half-Yearly and Quarterly modes; Monthly mode has 15 days.","quote":"Means the time granted by the Insurer i.e., 30 days from the due date for the payment of Premium for Yearly, Half-Yearly and Quarterly Premium Payment Mode and 15 days for Monthly Premium Payment Mode, without levy of any interest or penalty during which time the Policy is considered to be in-force with the risk cover without any interruption as per the terms of the Policy.","sources":[{"clause":"18","heading":"Grace Period","page":11,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-18"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"not-stated","value":null,"display":null,"note":"The provided policy wording contains only schedule placeholders for age at commencement and does not state minimum or maximum entry age.","quote":null,"sources":[],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["Yearly","Half-Yearly","Quarterly","Monthly"],"display":"Yearly / Half-Yearly / Quarterly / Monthly","note":null,"quote":"Premium Payment Mode: | <<Yearly/ Half-Yearly/ Quarterly/ Monthly>>","sources":[{"clause":null,"heading":"Policy Details","page":6,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-policy-details"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Limited Pay"],"display":"Limited Pay","note":null,"quote":"Premium Payment Option: | Limited Pay","sources":[{"clause":null,"heading":"Policy Details","page":6,"url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264#c-policy-details"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]}],"documents":[{"kind":"wording","label":"Kotak Signature Legacy - UIN - 107N135V02","pages":41,"fetched_at":"2026-10-17 19:45:27+00","source_url":"https://www.kotaklife.com/assets/images/uploads/how_do_i/Kotak_Signature_Legacy_UIN_107N135V02_Policy_Document.pdf","url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/10379"},{"kind":"wording","label":"Kotak Signature Legacy - UIN - 107N135V01","pages":41,"fetched_at":"2026-10-17 20:24:27+00","source_url":"https://www.kotaklife.com/assets/images/uploads/how_do_i/Kotak_Signature_Legacy_UIN_107N135V01_Policy_Document.pdf","url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11264"},{"kind":"cis","label":"Kotak Signature Legacy CIS (English)","pages":5,"fetched_at":"2026-10-17 19:48:15+00","source_url":"https://www.kotaklife.com/assets/images/uploads/how_do_i/Kotak_Signature_Legacy_UIN_107N135V02_CIS_PDF.pdf","url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/10429"},{"kind":"cis","label":"Kotak Signature Legacy CIS (English)","pages":5,"fetched_at":"2026-10-17 20:15:03+00","source_url":"https://www.kotaklife.com/assets/images/uploads/how_do_i/Kotak_Signature_Legacy_UIN_107N135V01_CIS_pdf.pdf","url":"https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01/document/11063"}],"versions":[{"uin":"107N135V02","version":null,"approved_on":null},{"uin":"107N135V01","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Kotak Mahindra Life Insurance official website","url":"https://www.kotaklife.com/","note":"Website as listed by IRDAI. Not checked: the site served a browser challenge to our crawler on 2026-10-19; we do not solve challenges."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Kotak Signature Legacy (UIN 107N135V01), IndiaInsurances, https://indiainsurances.com/policy/kotak-mahindra-life-insurance/kotak-signature-legacy-107n135v01"}