Close
Close

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

Close

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.

Details Required To Be Filled In A Life Insurance Form

In this article, we'll address the most common concerns that most people have with regards to life insurance policy details to be filled in the form. Visit now to know more about it.

  • Nov 22, 2021
  • 1,546 Views

Despite the rising awareness about the importance of being insured, a considerable number of Indians do not have any kind of insurance policy. While there are a variety of reasons why people choose not to have life insurance, such as - lack of funds, not enough exposure, etc., factors like limited understanding of life insurance information and life insurance policy details also contribute to the same. All of these aspects make a significant contribution to India’s large uninsured population.

In this article, we’ll address the most common concerns that most people have with regard to insurance policy details that must be filled out in the life insurance form. Read ahead to make the entire procedure go seamlessly for you and get a step closer to protecting the future of your loved ones.

Life Insurance Details To Be Filled Out In The Life Insurance Form

  • Determine The Type Of Life Insurance
  • It’s only natural that we all have various demands and expectations from our life insurance policies. To guarantee your family’s well-being, the first step is to carefully analyse different plans for their specific insurance policy details and features, such as the kind of plan, policy term, coverage, monthly premium rate, and sum assured.

    After you’ve completed a thorough comparison, fill out the application form for the kind of life insurance you want to buy, bearing in mind that the policy can effectively fulfil all of your needs.

  • Personal Information
  • While buying a policy, you must enter all of your personal information as well as the basics of your life insurance policy details. Gender, age, health status, weight, existing medical concerns, smoking or drinking habits, and other factors will all be taken into account. You must also include your complete address and contact details as proof. Since the insurer will verify your information through medical tests and reports, it’s important to submit accurate details in the life insurance information form.

  • Income Proof
  • In the life insurance form, you must include payslips from the previous three months, income tax returns from the previous two years, Form 16, a bank statement from the previous six months, and an income certificate from your company as proof of income. This information is required by insurance providers to ensure that you are not applying for more coverage than you can afford.

  • Request For Policy Cover
  • Once you’ve completed all of the essential insurance policy details, the policy can be applied both online and offline. The company will then verify your form, and you will be needed to sign some important documentation. Before signing, make sure you read these documents thoroughly. Following verification, the insurer will seek a contractual fee, which may be cancelled or increased based on the results of the medical exam. The findings of the medical test are particularly essential since they serve as the final stamp on the premium amount.

  • Approval Confirmation
  • The insurer will issue an approval confirmation email and a copy of the policy paperwork to your registered address after they are pleased with all of the life insurance details you provided on the application form as well as the results of your medical tests.

We all know that life insurance is a must-have. Though the process of filling out life insurance details on the form might be tiresome, it can be made uncomplicated with careful planning and a comprehensive understanding of what has to be filled out. By completing this step of filling the application and providing personal details correctly, you can increase your chances of enjoying the benefits of a term plan and lead a hassle-free life ahead.

Kotak e-Term

Download Brochure

Features

  • 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

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

5 Easy Steps to Buying A Policy

Difference Between Money Back and Endowment Policy

Loan Against Life Insurance Policy

How Many Insurances Should I Have?

Difference Between Insurance and Assurance?

Is Voluntary Life Insurance the Same as Basic Life Insurance?

Does Life Insurance Cover Terminal Illness?

Guidelines for Linking Aadhar and PAN to Insurance Policies

Choosing a Life Insurance Beneficiary

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

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

Term Insurance Tips for NRIs in India

Is It Time to Review Life Insurance Policy of Yours?

How Much Life Insurance Cover Do I Need?

जीवन बीमा पर ऋण

8 Things to Consider Before You Buy Life Insurance

Customer Awareness on Information Security

Should You Buy Life Insurance After Getting Married?

Why Do Life Insurance Agents Avoid Selling Term Plans?

Life Insurance for Overweight Applicants

Guide for Buying Online Term Insurance Plans for Senior Citizens

Why Online Term Insurance Plans Cheap?

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

5 Common Life Insurance FAQs and Answers

भारत में सर्वश्रेष्ठ टर्म प्लान कैसे चुनें?

All about Your Rights and Duties While Buying Life Insurance Policy

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

All about IRDAI

5 Things to Keep in Mind While Buying Life Insurance Policy

Benefits of Term Insurance with Critical Illness Rider

Why do I Need Life Insurance?

Why Your Family Should Know About Your Life Insurance Policy?

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

A Term Insurance Guide for Disabled People

Life Insurance Beneficiary

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

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

5 Benefits of Gifting Life Insurance Cover to Your Spouse

5 Reasons Why a Women Should Buy a Life Insurance

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

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

How to Buy a Life Insurance Plan?

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

Digital Life Certificate for Pensioners Seeking Pension

Role of Life Insurance in Your Financial Portfolio

Life Insurance Policy Closure

बीमा क्षेत्र में IRDAI की भूमिका

Why You Should Never Cancel Life Insurance Policy

How Often You Must Review Your Life Insurance Policy?

Important Terminologies of Life Insurance

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

Is It Advisable To Have Multiple Life Insurance Policies?

What Is a Whole Life Insurance Plan?

Voluntary Life Insurance Policy Vs Group Life Insurance

Why is Medical Test Important While Buying a Term Insurance?

What is Sum Assured in Endowment Policy?

Compare Different Life Insurance Products Offered By Kotak Life

Life Insurance for Overweight Applicants

How to Calculate Human Life Value(HLV)?

Types of Life Insurance Policies in India

All About Life Insurance and How It Works?

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

7 Superficial Reasons People Avoid Buying Insurance Online

How to Buy a Term Life Insurance Online

Think About Life Insurance Sooner than Later

Life Insurance for Millennials

क्या जीवन बीमा एक निवेश है?

What is Minimum Life Insurance Policy?

Life Insurance vs Mutual Funds

All About Backdating in Life Insurance

5 Reasons Why You Need Life Insurance in College

Term Insurance Claim Process

Process of Filing A Claim For Life Insurance

How to Customize Your Life Insurance Policy with Riders

Who Is A Nominee In A Life Insurance Plan?

How to Make Death Claims on Life Insurance?

What is the Difference Between Insurance and Reinsurance?

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

जीवन बीमा क्या है?

Life Insurance with Money Back vs Without Money Back

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

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

Is Life Insurance an Investment?

How to Revive the Lapsed Life Insurance Policy?

All about Life Insurance Calculators

What are the Benefits of Endowment Policy?

6 Different Types of Insurance Policies

How do life insurance payouts work?

Why One Must Buy Term Insurance before 25 Years

How to Choose Life Insurance for All Ages?

Can NRI Buy Life Insurance in India?

Different Types of Insurance Policies in India

What Is Insurance Rider and It’s Benefits?

“Life” Insurance or “Death” Insurance?

Types of Life Insurance Or One Investment, Many Options

NRI Premium Payment Options

Different Types Of Life Insurance In India

Terms and Conditions of Term Insurance Plans

How Much Life Insurance Do You Need?

Role of IRDAI in the Insurance Sector

FAQs on Life Insurance

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

Sabse Pehle Life Insurance

Does Family History Affects your Term Life Insurance Rates?

Do Life Insurance Premiums Increase Every Year?

Most Common Life Insurance Riders to Enhance Your Existing Policy

Life Insurance Nominees: 5 Must-Know Facts for Beneficiaries

Life Insurance Plans for Women

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

Important Features of a Term Insurance Plan

Term Plan with Return of Premium (TROP)

Do Your Financial Planning with Life Insurance!

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

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

Why Renewal of Term Insurance Plan is Important

What is Life Insurance?

Beware of Phishing & Fraud Insurance Calls

Is Life Insurance For Millennials Really Needed?

What is Group Insurance?

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

Take 100% Responsibility of Your Family with Term Life Insurance

Why Life Insurance Is Always a Smart Decision

Life Insurance and Retirement Planning

Staying Insured While Investing

Life Insurance Vs. Mutual Funds Investment

Various Term Insurance Premium Payment Options Available in India

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

What is Insurance Coverage? Overview, Types, and Examples

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

What is Underinsurance & The Dangers of Being Underinsured

Term Life Insurance vs Accidental Death Insurance

क्रिटिकल इलनेस राइडर के साथ टर्म इंश्योरेंस के लाभ

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

Always keep your Nominee informed

What Is Investment Insurance?

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

Important Life Insurance Terms You Must Know

What is the Current Trend in Term Insurance?

What happens to joint life insurance after divorce?

Adding A Child to Your Life Insurance Policy?

How to Choose a Life Insurance Policy

How to Find the Best Term Insurance Plan in Seven Steps

भारत में जीवन बीमा पॉलिसियों के प्रकार

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

What Is Staggered Payment Option Under Term Insurance Policy?

Top 5 Common Life Insurance Myths and Facts

Savings cum Protection Plans Secures Your Family from Unforeseen Events

All You Need to Know About KYC

Benefits of Buying Term Insurance Plan for Senior Citizens in India

Best Insurance Plans in India

Types of Insurance You Must Invest in for Secure Future

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

Why Buying a Term Insurance is Important for all Parents

Choose the Nominee of a Term Life Insurance Plan Wisely

What Happens If I Stop Paying My Life Insurance Premium?

Insurance Vs Investment - A Guide to Your Financial Goals

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

Importance of Checking Claim Settlement Ratio before Buying Life Insurance

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

Insurance Changes You Need to Make Post Marriage

How Does Life Insurance Work?

Is it Worth Buying Disability Rider on Term Insurance?

Health Insurance VS Life Insurance

Does Life Insurance Policy Cover Covid Death?

What are robo-advisors in insurance?

Life Insurance and Millennials

Reasons Why Term Insurance Claims Get Rejected

Key Things to Review in Your Life Insurance Policy Document

How To Choose The Right Life Insurance

5 Advantages of Life Insurance Going Digital

Why Term Insurance for Women is Important?

5 Ways to ensure faster settlement of claims

Biggest Life Insurance Myths

Term Insurance Vs Life insurance: Small Details, Big Differences

Does Life Insurance Pay for Suicidal Death?

6 Things You May Not Know about Life Insurance

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

Nominee in insurance - A Complete Guide on nomination in insurance

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

Health Insurance VS Life Insurance

Choosing Between Short-Term & Long-Term Insurance Plans

In India, should NRIs purchase life insurance?

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

Kotak Life Claim Settlement Ratio

How Do Term Insurance Plans Differ for Smokers?