Kotak Life announces Rs 840 cr bonus to policyholders

Updated: May 31 2023 8:50PM

Mumbai, May 31 (PTI) Kotak Life Insurance on Wednesday announced Rs 840 crore bonus to over 6.5 lakh policyholders for FY23.

The bonus is an increase of 24 per cent over the bonus declared for FY22, as per a statement, which explained that bonuses are paid at the time of maturity or exit.

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