The Kotak Life Agent Business is one of the most trusted and rewarding career options in insurance sector of India.

As a Kotak Life franchise partner, you get the opportunity to sell a variety of Insurance products and earn attractive commissions.

To operate as a Kotak Life insurance agent, the monthly business cost is Min. Rs.4,000, which includes office rent, utilities, marketing, and administrative expenses.

In return, agents can earn a commission ranging from 1.5% to 6% of Premium, depending on the type and value of policies sold. The more premium you generate, the higher your earnings.

Total Agents 1 Lakh+
Total Investment Rs.4,000 to Rs.59,000 (Optional)
Agents Commission 1.5% to 6% of Premium
Avg. Monthly Profit Approx. Rs.53,000
Breakeven Time 1 Month
Payout Time 30 Days

Kotak Life Agent or Advisor - Business Models

Corporate Agents

Yes

Individual Agents

Yes

Kotak Life Agent Commission

Life Insurance Commission

3% to 6% of Premium

Health Insurance Commission

NA

Motor Insurance Commission

NA

Travel Insurance Commission

NA

Business Insurance Commission

NA

ULIP Commission

1.5% to 2.5% of Premium

Kotak Life Franchise Cost or Investment

Registration & Training Fees

Rs.2,000 to Rs.4,000

Infrastructure Investment

Rs.25,000 to Rs.55,000 (Optional)


Kotak Life Insurance Franchise Profits & Income

Check out Kotak Life Insurance Agent Profits & Income.

Life Insurance Premium 2000000
Health Insurance Premium 0
ULIP Premium 800000
Life Insurance Commission 60000
Health Insurance Commission 0
ULIP Commission 20000
Agent’s Income 80000
Total Expences 27000
Agent’s Net Profit 53000
Net Profit Margin 1.89%

Kotak Life Insurance Agent Business - Offers

Life Insurance Commission 2% or More

Yes

Health Insurance Commission 10% or More

No

Zero Investment

No

ULIP Investment

Yes

Motor Insurance

No

IRDAI Certification

Yes

PoSP Certification

Yes

Kotak Life Insurance Partner Support

Dedicated RM Support

Yes

Service Training

Yes

Product Training

Yes

Webinars

Yes, Limited

Back-Office Support

No

Acquisition Support

Yes

Marketing Support

Yes, Limited

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Kotak Life Insurance Franchise - Office Requirement

Area in Sq. Ft.

100 to 175 Sq. Ft. (Optional)

No. of Employees

Minimum 1

Reception

Optional

Managers Cabin

Optional

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV Set-up

Optional

Kotak Life Agent Dashboard Link

Web Platform

NA

App Platform

NA

Kotak Life Partner Backoffice Platform - Features

Lead Addition Link

No

Manual Lead Addition

No

Lead Stage Info

No

Lead Info Backend Change

No

Lead Deletion

No

Commission Mapping

No

Leads Report

No

Clients Activation Report

No

Clients Portfolio Report

No

Monthly Payout Report

No

Kotak Life Insurance Advisor Review or Ratings by Finec.in

Overall Rating

8.38 / 10

Commission

8.84 / 10

Investment

8.46 / 10

Breakeven

8.37 / 10

Support

8.17 / 10

Experience

8.08 / 10

Kotak Life Partner Program - Products Offered

Life Insurance

Yes

Health Insurance

No

Motor Insurance

No

Travel Insurance

No

Business Insurance

No

Agricultural Insurance

No

Rural Insurance

No

Investment Plans (ULIPs)

Yes

Kotak Life Franchise Business - Platforms Offered

Mobile App

Yes

Web Platform

Yes

Backoffice Platform

No

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How to Become a Kotak Life Agent? - Eligibility Criteria

Age Limit

18+

Nationality

Indian

Academic Qualification

10+, Graduation Preferred

IRDAI Certification

Compulsory

PoSP Certification

Compulsory

Business Experience

Optional

Kotak Life Insurance Agent - Documents Required by Individuals

Agent Agreement

Mandatory

Identity Proof - Aadhaar

Mandatory

Address Proof - Aadhaar / Rental Agreement

Mandatory

PAN

Mandatory

Passport Size Photo

Mandatory

Bank Account Details

Mandatory

Bank Cancelled Cheque

Mandatory

GST Registration Certificate

Mandatory

Latest ITR or Form16

Mandatory

Kotak Life Insurance Franchise - Documents Required by Firms or Company

Agent Agreement

Mandatory

Firm or Companies PAN

Mandatory

Firm or Companies TAN

Mandatory

Firm or Companies Incorporation Certificate

Mandatory

Firm or Companies Bank Details

Mandatory

Firm or Companies Cancelled Cheque

Mandatory

All Partners or Directors PAN

Mandatory

All Partners or Directors Aadhaar

Mandatory

All Partners or Directors Photo

Mandatory

GST Registration Certificate

Mandatory

Latest ITR or Form16

Mandatory

Customer ratings and reviews of Kotak Life Agent

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