Om Kotak Mahindra declares 8% returns

: Om Kotak Mahindra Life Insurance has declared an 8-per cent per-annum return in its first year of operations on participating policyholders individual accumulation account.

This applies to those who have Kotak Endowment Policy and Kotak Money Bank Policy, according to a company release issued here.

Om Kotak has built a distribution force of 1,300 trained life advisors, with another 300 waiting for their licence, and 11 corporate agents to distribute the policies, the release added.