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Kotak Life Insurance
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Team Coordinator

Team Coordinator

Kotak Life Insurance

0 - 31 years

3 - 15 Lacs

bow bazaar kolkata/calcutta

Posted:2 days ago| Platform: Apna logo

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Skills Required

planning payments

Work Mode

On-site

Job Type

Part Time

Job Description

Life insurance is a contract between a person (the policyholder) and an insurance company, where the policyholder pays regular premiums to receive a lump sum payment (the death benefit) for their beneficiaries upon their death. This financial product provides a safety net to protect dependents from financial hardship by covering expenses like daily living costs, debts, and future goals such as education and retirement. Some life insurance policies also include a savings or investment component, allowing for wealth creation or financial planning alongside the death coverage. How it Works Contract: You enter into a legally binding contract with a life insurance company. Premiums: You pay a fixed amount of money (premiums) to the insurance company at regular intervals. Death Benefit: In exchange for these payments, the insurer agrees to pay a pre-determined amount of money (the sum assured) to your designated beneficiaries after your death. Maturity Benefits: Some plans also pay out a sum of money to the policyholder if they survive the policy term, which can be used for future financial goals.

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Team Coordinator