MUMBAI, 7^th MAY, 2020 (GPN): To lend support to the relief efforts of the government and civil society in the fight against the coronavirus pandemic, Kotak Mahindra Life Insurance Company Limited (Kotak Life), a wholly-owned subsidiary of Kotak Mahindra Bank, today announced that it will provide support for free meals to urban slum dwellers, migrant labourers, daily wagers, along with the municipal and hospital staff impacted by the lockdown during COVID-19 in Mumbai region.

Under Kotak Life’s COVID-19 relief intervention, Annamrita Foundation – a Mumbai based not-for-profit public charitable trust, will cook and distribute meals over the next few weeks to thousands of poor and needy people identified by various NGOs in consultation with the local government in Mumbai. Each meal, with a combination of proteins and carbohydrates, will help in meeting the daily nutritional requirements of the beneficiaries.

1. Murlidhar, Managing Director, Kotak Mahindra Life Insurance Company Ltd. said, “People employed in the informal sector are struggling today owing to the coronavirus outbreak and the ensuing lockdown. Daily wage labourers, poor people and the homeless are unable to sustain themselves. Annamrita Foundation is helping Kotak Life to reach out to thousands of poor and needy people by helping us provide daily nourishing meals in and around the Mumbai region.” ENDS

About Kotak Mahindra Life Insurance Company Limited

Kotak Mahindra Life Insurance Company Limited is a 100% subsidiary of Kotak Mahindra Bank Limited (Kotak). Kotak Life provides world-class life insurance products with high customer empathy. Its product suite leverages the combined prowess of protection and long-term savings. Kotak Life is one of the fastest growing insurance companies in India and has covered over 15 million lives as on 31^st March, 2020. For further information, please visit https://insurance.kotak.com/