The maturity values are product specific. Please refer to individual product pages for exact details.
Kotak Life Insurance offers a grace period of 30 days after the premium payment due date for paying the outstanding premium. If you fail to pay the premium on your policy within this grace period your policy will lapse. You can revive your lapsed policy by paying your outstanding premium and late payment charges. This facility is available for six months. However, you can still revive the policy within revival period as per respective plans. But if you are applying for revival of your policy in this period, then shall entail submission of proof of good health. For plan specific conditions, please refer respective Plan’s terms and conditions for more details.