Savings & Protection Plans Secures Family From Unforeseen Events
Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

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

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.

Kotak e-Term Plan

Savings cum Protection Plans Secures Your Family from Unforeseen Events

Protection plan is highly beneficial to protect the financial stability of your loved ones in case of any unfortunate event. Click here to know what is protection plan and benefits of life insurance.

  • Nov 12, 2019
  • 3,290 Views

Do you worry about financial crises in the wake of an unforeseen event? You are not alone as millions of others are also in a similar situation. Modern lifestyle is full of uncertainties and more people are increasingly searching for protection cum saving plan options to provide security to their families.

Understanding of what is protection plans

A protection plan is highly beneficial to protect the financial stability of your loved ones in case of an unfortunate event. Such policies prevent your family from facing liquidity crises in the event of an untoward incident or loss of income due to a critical ailment.

Benefits of life insurance

Like the majority of investors, you may seek asset appreciation along with capital protection while investing in any avenue. Life insurance plans offer financial stability to your family in your absence. In addition to this, there are several other benefits of life cover. These are listed as follows:

1.Asset protection

Life insurance is an investment option that protects your asset while providing appreciation. These policies are highly beneficial to protect the financial stability of your survivors in case of an unfortunate event or help in replacing income in the event you are incapacitated due to an illness.

2.Goal-based savings

During your life, you may have several financial goals. To achieve these goals, you would need finances and the best way for accomplishing these is through investments. Moreover, goals are constantly changing at different stages in your life and the right protection plan will help you reach your objectives.

3.Death benefits

In the case of an unforeseen circumstance, your family will have to bear the emotional distress. You do not want them to face financial distress during such turbulent times. Your beneficiaries will receive the death benefits of life insurance as per the terms and conditions.

What’s in it for you?

Once you buy a protection plan, you and your family may lead a tension-free life. Here are the benefits for you:

1.Peace of mind and a great sense of emotional well-being

You and your family can enjoy peace of mind and emotional well-being when you avail of a protection plan. This is because financial stability is taken care of in case of an unfortunate event or critical illness.

2. Great level of financial security

One of the biggest benefits of a protection plan is that it provides financial assistance at the time of need. Therefore, your family will not have to worry or seek help from others in case of an unforeseen circumstance.

3.Smooth flow of life goals

Based on your life stage and financial goals, protection plans ensure these are achieved without much difficulty. You will not have to assume any liabilities in the form of loans to achieve your financial objectives and live your life holding your head high.

Now that you understand what is protection plan, it is recommended you compare the different options provided by various insurers. Buy one today and secure your peace of mind and the family’s financial future.

Secure your Family by investing in Term Plan

Kotak e-Term Plan

Download Brochure

Features

  • Nominal Cost
  • Multiple Plan Options
  • Flexible Payout Options
  • Critical Illness Rider
  • Tax Savings
  • Long term Coverage

Ref. No. KLI/22-23/E-BB/492

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

Most Common Life Insurance Riders to Enhance Your Existing Policy

6 Things You May Not Know about Life Insurance

Nominee in insurance - A Complete Guide on nomination in insurance

How to Choose a Life Insurance Policy

Adding A Child to Your Life Insurance Policy?

5 Common Life Insurance FAQs and Answers

Life Insurance Policy Closure

Different Types of Insurance Policies in India

Term Plan with Return of Premium (TROP)

भारत में जीवन बीमा पॉलिसियों के प्रकार

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

Why Online Term Insurance Plans Cheap?

All about Your Rights and Duties While Buying Life Insurance Policy

Sabse Pehle Life Insurance

Life Insurance and Millennials

What Is Insurance Rider and It’s Benefits?

Can An Individual Buy Multiple Term Insurance Plans?

Insurance Changes You Need to Make Post Marriage

Life Insurance vs Mutual Funds

5 Things to Consider Before You Buy Life Insurance

Does Life Insurance Pay for Suicidal Death?

ULIPs: Suitable for all

How do life insurance payouts work?

Do Your Financial Planning with Life Insurance!

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

What Is Staggered Payment Option Under Term Insurance Policy?

Loan Against Life Insurance Policy

Unit-Linked Life Insurance (ULIPs) vs. Term Insurance

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

5 Smart Steps to keep in mind while buying term policies

What is the Difference Between Insurance and Reinsurance?

Importance of Checking Claim Settlement Ratio before Buying Life Insurance

How to Buy a Term Life Insurance Online

Staying Insured While Investing

Voluntary Life Insurance Policy Vs Group Life Insurance

How Often You Must Review Your Life Insurance Policy?

5 Advantages of Life Insurance Going Digital

Take 100% Responsibility of Your Family with Term Life Insurance

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

Term Insurance Vs Car Insurance: A Budgetary Choice You'll Regret

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

Why Renewal of Term Insurance Plan is Important

Kotak Life Claim Settlement Ratio

What is Minimum Life Insurance Policy?

Why Life Insurance Is Always a Smart Decision

Process of Filing A Claim For Life Insurance

How Does Life Insurance Work?

Always keep your Nominee informed

Term Life Insurance vs Accidental Death Insurance

Why Your Family Should Know About Your Life Insurance Policy?

What happens to joint life insurance after divorce?

Top 5 Common Life Insurance Myths and Facts

Who Is A Nominee In A Life Insurance Plan?

Terms and Conditions of Term Insurance Plans

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

Why One Must Buy Term Insurance before 25 Years

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

How to Choose Life Insurance for All Ages?

Types of Life Insurance Or One Investment, Many Options

How Many Insurances Should I Have?

Does Family History Affects your Term Life Insurance Rates?

Health Insurance VS Life Insurance

Why Buying a Term Insurance is Important for all Parents

5 Easy Steps to Buying A Policy

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

What are the Benefits of Endowment Policy?

Is Voluntary Life Insurance the Same as Basic Life Insurance?

“Life” Insurance or “Death” Insurance?

All About Life Insurance and How It Works?

Benefits of Buying Term Insurance Plan for Senior Citizens in India

Do Life Insurance Premiums Increase Every Year?

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

Benefits of Term Insurance with Critical Illness Rider

Why You Should Never Cancel Life Insurance Policy

Digital Life Certificate for Pensioners Seeking Pension

What are robo-advisors in insurance?

Compare Different Life Insurance Products Offered By Kotak Life

5 Benefits of Gifting Life Insurance Cover to Your Spouse

Health Insurance VS Life Insurance

Key Things to Review in Your Life Insurance Policy Document

Different Types Of Life Insurance In India

Important Features of a Term Insurance Plan

Insurance Vs Investment - A Guide to Your Financial Goals

Term Insurance Vs Life insurance: Small Details, Big Differences

A Step-by-Step Guide: How To Make An Investment Plan?

How to Find the Best Term Insurance Plan in Seven Steps

भारत में सर्वश्रेष्ठ टर्म प्लान कैसे चुनें?

5 Reasons Why a Women Should Buy a Life Insurance

Reasons Why Term Insurance Claims Get Rejected

Life Insurance with Money Back vs Without Money Back

Choosing a Life Insurance Beneficiary

10 Most Frequently Asked Questions - FAQs on Term Insurance

All About Backdating in Life Insurance

Biggest Life Insurance Myths

Is it Worth Buying Disability Rider on Term Insurance?

क्या जीवन बीमा एक निवेश है?

Life Insurance Beneficiary

Does Life Insurance Cover Terminal Illness?

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

In India, should NRIs purchase life insurance?

7 Superficial Reasons People Avoid Buying Insurance Online

What is Life Insurance?

Is It Time to Review Life Insurance Policy of Yours?

Important Life Insurance Terms You Must Know

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

Life Insurance for Millennials

Various Term Insurance Premium Payment Options Available in India

5 Ways to ensure faster settlement of claims

Life Insurance and Retirement Planning

Types of Insurance You Must Invest in for Secure Future

What Happens If I Stop Paying My Life Insurance Premium?

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

A Term Insurance Guide for Disabled People

What is an Endowment Plan?

Life Insurance Vs. Mutual Funds Investment

What Is a Whole Life Insurance Plan?

How to Make Death Claims on Life Insurance?

How Much Life Insurance Cover Do I Need?

Details Required To Be Filled In A Life Insurance Form

Life Insurance Plans for Women

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

Difference Between Term Insurance and Endowment Plan

All about Life Insurance Calculators

Why Do Life Insurance Agents Avoid Selling Term Plans?

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

What is Underinsurance & The Dangers of Being Underinsured

Difference Between Money Back and Endowment Policy

Is Life Insurance For Millennials Really Needed?

Term Insurance Claim Process

What Is Investment Insurance?

How to Calculate Human Life Value(HLV)?

जीवन बीमा पर ऋण

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

5 Things to Keep in Mind While Buying Life Insurance Policy

Guide for Buying Online Term Insurance Plans for Senior Citizens

When Should You Review Term Life Insurance of Yours?

Difference Between Insurance and Assurance?

Best Insurance Plans in India

How to Revive the Lapsed Life Insurance Policy?

Think About Life Insurance Sooner than Later

What is Insurance Coverage? Overview, Types, and Examples

Types of Life Insurance Policies in India

6 Different Types of Insurance Policies

Is Life Insurance an Investment?

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

जीवन बीमा क्या है?

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

Life Insurance for Overweight Applicants

What is Sum Assured in Endowment Policy?

How to Customize Your Life Insurance Policy with Riders

Why Term Insurance for Women is Important?

Term Insurance Tips for NRIs in India

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

Should You Buy Life Insurance After Getting Married?

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

Important Terminologies of Life Insurance

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

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

Can NRI Buy Life Insurance in India?

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

What is Group Insurance?

FAQs on Life Insurance

Why is Medical Test Important While Buying a Term Insurance?

Everything You Must Know About ULIP Riders

Choose the Nominee of a Term Life Insurance Plan Wisely

How To Use Different Types Of Life Insurance For Retirement Planning?

How Do Term Insurance Plans Differ for Smokers?

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

Guidelines for Linking Aadhar and PAN to Insurance Policies

Customer Awareness on Information Security

Life Insurance for Overweight Applicants

Does Life Insurance Policy Cover Covid Death?

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

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

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

Beware of Phishing & Fraud Insurance Calls

How To Choose The Right Life Insurance

Why do I Need Life Insurance?

Role of Life Insurance in Your Financial Portfolio

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

All about IRDAI

Is It Advisable To Have Multiple Life Insurance Policies?

Term Life Insurance Vs Money Back Life Insurance

NRI Premium Payment Options

Choosing Between Short-Term & Long-Term Insurance Plans

Difference Between ULIP and Endowment Plan?

What Is Financial Planning?

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

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

How to Buy a Life Insurance Plan?

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

5 Reasons Why You Need Life Insurance in College

How Much Life Insurance Do You Need?

Role of IRDAI in the Insurance Sector

What is the Current Trend in Term Insurance?