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Kotak Mahindra Life launches unit-linked term insurance plan

Published on January 11, 2024
Current Context: Kotak Mahindra Life Insurance has launched a new product named ‘T.U.L.I.P’ (Term with Unit-Linked Insurance Plan) on January 11, 2024.
Kotak Mahindra Life launches unit-linked term insurance plan
  • This plan offers life cover up to 100 times of the annual premium.
  • It also provides a customer the opportunity to earn returns like a ULIP and additional protection against critical illnesses and accidental death.
  • The T.U.L.I.P plan offers comprehensive protection like a term plan and also the opportunity to grow their wealth like a ULIP.
  • It is launched with eight options and is aimed at taking care of customer’s core financial needs.
  • The plan also comes with the flexibility to withdraw money in case of a financial emergency.
  • Unit-linked insurance Plans (ULIPs) are a category of life insurance that offers an opportunity to grow your money over the long term and protect your family through life cover.


Q.1 Who launched the T.U.L.I.P plan?
a. HDFC Life Insurance
b. ICICI Prudential Life Insurance
c. Kotak Mahindra Life Insurance
d. Bajaj Allianz Life Insurance

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