Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term

Protect Your family’s financial future with Kotak e-Term. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Lifetime Income Plan

Retirement years are the golden years of life. Know more


Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Adding A Child to Your Life Insurance Policy?

Secure your children’s future by adding them as a rider to your life insurance. Know what are the benefits you get by adding a child to your life insurance plan.

  • Oct 25, 2021

The primary purpose of buying a life insurance policy is to provide a safety net for your family members who are financially dependent on you. This is one of the critical reasons many people prefer buying life insurance after their child is born. However, you must know that if you can add your child to the existing policy.

Some people find it silly to purchase a life insurance policy for a child since they have no financial responsibilities or dependents on them. However, there are reasons why you must get a life cover for your policy and add them to your existing plan.

Child Life Insurance Rider

Many insurance companies offer a child life insurance rider that allows the policyholders to extend the cover to their child. You can buy this cover for your biological child, adopted child and stepchild who is at least 15 days old, and you can get coverage until the child is 18 years old. The minimum age limit may differ from one insurer to another.

When you purchase a child life insurance rider to extend coverage to your child, there may be no changes in the underwriting terms. This means the child need not undergo a medical examination to get the cover. However, the insurance company may ask you about the child’s health status to identify the exact extent of risk they are covering.

In some cases, if the child has any pre-existing conditions, or in the case of infants, if they have any birth-related abnormalities, the insurer may reject your application for providing child coverage.

However, once the child coverage is added to your policy, the insurance company is liable to the death benefit to the parents if something happens to the child before a specific age.

Generally, the child life insurance rider provides coverage until the child is 25 years old or gets married, whichever occurs first.

Child Life Insurance Policy

When you buy a child life insurance rider, you get temporary coverage until the child attains a specific age. However, if you want to provide more comprehensive coverage to your beloved one, it is better to purchase a child insurance policy. In a child insurance policy, you can choose the coverage term and even get lifetime coverage.

When you buy child insurance, you would be the policyholder. However, you can later transfer policy ownership to the child at any time. It is best to wait till the child becomes an independent adult so that they can manage the premium payments themselves.

Typically, the life insurance policies for a child are whole life policies. This means such policies have a cash value, and you can invest for your child’s future and build a corpus. A child life insurance rider does not have any such benefit.

However, the premium for the rider is much more affordable than an individual child life insurance.

Final Word

Assess your insurance needs and premium paying capacity and choose the right plan accordingly.

Kotak e-Term

Download Brochure


  • Life Cover till 85 years for Life & Life Secure Option
  • 3 Payout Options
  • Special Rates for Women
  • Option to exit the policy with premium refund at the age of 60*
  • Special Rates for Non-Tobacco Users
  • Free Medical Check Up every 5th year**

Ref. No. KLI/22-23/E-BB/2435


- A Consumer Education Initiative series by Kotak Life

Similar Articles

Why is Medical Test Important While Buying a Term Insurance?

भारत में जीवन बीमा पॉलिसियों के प्रकार

Terms and Conditions of Term Insurance Plans

What are robo-advisors in insurance?

How to Choose a Life Insurance Policy

What is Sum Assured in Endowment Policy?

Guide for Buying Online Term Insurance Plans for Senior Citizens

क्रिटिकल इलनेस राइडर के साथ टर्म इंश्योरेंस के लाभ

Health Insurance VS Life Insurance

Details Required To Be Filled In A Life Insurance Form

Reasons Why Term Insurance Claims Get Rejected

What is the Current Trend in Term Insurance?

When are Millennials required to take out a life insurance policy?

Beware of Phishing & Fraud Insurance Calls

What Is the Procedure to choose a nomination in life insurance policy?

5 Benefits of Gifting Life Insurance Cover to Your Spouse

Life Insurance Beneficiary

How to Choose Life Insurance for All Ages?

Does Life Insurance Cover Terminal Illness?

When Should You Review Term Life Insurance of Yours?

How to Select a Perfect Life Insurance Policy in India to Protect Your Future?

How to Find the Best Term Insurance Plan in Seven Steps

Are Deaths Due To Coronavirus Covered by Kotak E-Term Plan?

Sabse Pehle Life Insurance

Comparing low premium term insurance Is Not the Only Factor While Buying Life Insurance

Life Insurance Plans for Women

What Is Social Impact Investing and How Does It Benefit Society?

Kotak Life Claim Settlement Ratio

Should You Buy Life Insurance After Getting Married?

Life Insurance for Millennials

How To Choose The Right Life Insurance

Compare Different Life Insurance Products Offered By Kotak Life

Benefits of Buying Term Insurance Plan for Senior Citizens in India

Types of Life Insurance Policies in India

Benefits of Term Insurance with Critical Illness Rider

Life Insurance Vs. Mutual Funds Investment

1 CR Term Insurance Plan: How to Pick the Best 1 CR Term Plan

Is It Time to Review Life Insurance Policy of Yours?

Is it Worth Buying Disability Rider on Term Insurance?

Life Insurance vs Mutual Funds

How Much Life Insurance Costs and How Much Insurance Cover You Need?

Life Insurance and Retirement Planning

Why Term Insurance for Women is Important?

क्या जीवन बीमा एक निवेश है?

Different Types Of Life Insurance In India

What is Insurance Coverage? Overview, Types, and Examples

Is Voluntary Life Insurance the Same as Basic Life Insurance?

Why One Must Buy Term Insurance before 25 Years

How to Revive the Lapsed Life Insurance Policy?

बीमा क्षेत्र में IRDAI की भूमिका

How to Choose the Right Life Insurance Policy for Your Age?

“Life” Insurance or “Death” Insurance?

How do life insurance payouts work?

Term Life Insurance vs Accidental Death Insurance

Always keep your Nominee informed

Important Factors to Consider While Choosing the Right Term Period for Your Term Insurance Plan

A Term Insurance Guide for Disabled People

Top 5 Common Life Insurance Myths and Facts

How to Buy a Term Life Insurance Online

What is Group Insurance?

Why do most Indians choose the wrong way to buy life insurance?

Life Insurance with Money Back vs Without Money Back

All About Life Insurance and How It Works?

How Does Life Insurance Work?

How to Buy a Life Insurance Plan?

Role of Life Insurance in Your Financial Portfolio

5 Reasons Why a Women Should Buy a Life Insurance

Term Insurance Vs Life insurance: Small Details, Big Differences

Who Is A Nominee In A Life Insurance Plan?

Term Insurance Tips for NRIs in India

Customer Awareness on Information Security

Can a Term Plan be the Substitute for a Retirement Plan?

Can NRI Buy Life Insurance in India?

All about Your Rights and Duties While Buying Life Insurance Policy

Difference Between Insurance and Assurance?

What Should One Consider Buying: Term Insurance or Traditional Life Insurance

6 Different Types of Insurance Policies

All about IRDAI

Most Common Life Insurance Riders to Enhance Your Existing Policy

What Is The Life Insurance Penetration In India And How Does It Compare Globally?

What Happens If I Stop Paying My Life Insurance Premium?

Choosing a Life Insurance Beneficiary

Take 100% Responsibility of Your Family with Term Life Insurance

What Is Surrender Value (Cash Surrender Value) in Insurance and how is it calculated?

How Much Life Insurance Cover Do I Need?

Term Plan with Return of Premium (TROP)

7 Superficial Reasons People Avoid Buying Insurance Online

Term Insurance Claim Process

What happens to joint life insurance after divorce?

Best Insurance Plans in India

FAQs on Life Insurance

जीवन बीमा क्या है?

Why Should You Buy Term Insurance under the MWP Act (Married Women’s Property Act)?

How Much Life Insurance Do You Need?

Do Life Insurance Premiums Increase Every Year?

Savings cum Protection Plans Secures Your Family from Unforeseen Events

Choose the Nominee of a Term Life Insurance Plan Wisely

Why Online Term Insurance Plans Cheap?

5 Reasons Why You Need Life Insurance in College

Does Life Insurance Pay for Suicidal Death?

How to Calculate Human Life Value(HLV)?

All You Need to Know About KYC

In India, should NRIs purchase life insurance?

Insurance Vs Investment - A Guide to Your Financial Goals

What Is Investment Insurance?

Types of Insurance You Must Invest in for Secure Future

Do Your Financial Planning with Life Insurance!

What are the Benefits of Endowment Policy?

Is it Possible to Make Changes in a Term Plan’s Specification Post Purchase?

What is Life Insurance?

Why Buying a Term Insurance is Important for all Parents

All About Backdating in Life Insurance

Insurance Changes You Need to Make Post Marriage

All You Need to Know About Life Insurance - Its Benefits, Features, and Types of Life Insurance

Important Features of a Term Insurance Plan

What is Underinsurance & The Dangers of Being Underinsured

Can An Individual Buy Multiple Term Insurance Plans?

जीवन बीमा पर ऋण

Biggest Life Insurance Myths

5 Common Life Insurance FAQs and Answers

5 Advantages of Life Insurance Going Digital

5 Smart Steps to keep in mind while buying term policies

How to Make Death Claims on Life Insurance?

Choosing Between Short-Term & Long-Term Insurance Plans

What is the Difference Between Limited and Regular Pay Insurance Plan?

Role of IRDAI in the Insurance Sector

Types of Life Insurance Or One Investment, Many Options

Nominee in insurance - A Complete Guide on nomination in insurance

Why Your Family Should Know About Your Life Insurance Policy?

Think About Life Insurance Sooner than Later

Health Insurance VS Life Insurance

Voluntary Life Insurance Policy Vs Group Life Insurance

How Do Term Insurance Plans Differ for Smokers?

All about Life Insurance Calculators

Can You Transfer Life Insurance Policies to Another Company in India?

5 Easy Steps to Buying A Policy

Importance of Checking Claim Settlement Ratio before Buying Life Insurance

Does Family History Affects your Term Life Insurance Rates?

5 Ways to ensure faster settlement of claims

What is Minimum Life Insurance Policy?

Life Insurance and Millennials

What Should One Expect During the Medical Evaluation for Life Insurance?

Staying Insured While Investing

Does Life Insurance Policy Cover Covid Death?

Process of Filing A Claim For Life Insurance

Why You Should Never Cancel Life Insurance Policy

Is it Possible to Reduce Life Insurance Premium without Affecting Sum Assured?

Life Insurance for Overweight Applicants

Why do I Need Life Insurance?

भारत में सर्वश्रेष्ठ टर्म प्लान कैसे चुनें?

6 Things You May Not Know about Life Insurance

Different Types of Insurance Policies in India

NRI Premium Payment Options

What Is Insurance Rider and It’s Benefits?

Is It Advisable To Have Multiple Life Insurance Policies?

Loan Against Life Insurance Policy

Life Insurance for Overweight Applicants

What is Human Life value and a Human Life Value Calculator?

Is Life Insurance For Millennials Really Needed?

What Is Staggered Payment Option Under Term Insurance Policy?

5 Things to Keep in Mind While Buying Life Insurance Policy

Guidelines for Linking Aadhar and PAN to Insurance Policies

Important Terminologies of Life Insurance

Is Life Insurance an Investment?

8 Things to Consider Before You Buy Life Insurance

First Job? Here’s Some Tips on How to Manage Finances

Why Do Life Insurance Agents Avoid Selling Term Plans?

Can You Apply For A Life Insurance After Getting Heart Attack? Here is Everything You Need To Know

वरिष्ठ नागरिकों के लिए ऑनलाइन टर्म इंश्योरेंस प्लान खरीदने के लिए गाइड

How to Use Different Types of Life Insurance for Retirement Planning?

What is a Single Premium Term Plan and its Tax Benefit?

9 Most Important Things You Must Learn About Paying Life Insurance Premium

Life Insurance Nominees: 5 Must-Know Facts for Beneficiaries

How Many Insurances Should I Have?

How to Customize Your Life Insurance Policy with Riders

What Is a Whole Life Insurance Plan?

Difference Between Money Back and Endowment Policy

Important Life Insurance Terms You Must Know

Why Renewal of Term Insurance Plan is Important

Life Insurance Policy Closure

Why Life Insurance Is Always a Smart Decision

Term Insurance for Home Loan: How Term Plan Helps in Paying Off Home Loan?

Digital Life Certificate for Pensioners Seeking Pension

Key Things to Review in Your Life Insurance Policy Document

How Often You Must Review Your Life Insurance Policy?

What is the Difference Between Insurance and Reinsurance?

Different Kind of Deaths that are Not Covered in a Term Insurance Plan

Various Term Insurance Premium Payment Options Available in India