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.

All About Term Insurance Inbuilt Coverage

Term Insurance Inbuilt Coverage - Find out what is term insurance inbuilt coverage and inbuilt coverage offered by Kotak e-Term plan here on this. VIsit Kotak Life to know more on term insurance

  • Mar 11, 2021

A term insurance plan is a pure life insurance policy. You pay a pre-decided amount as premium for a pre-determined period of time, and the term plan offers your nominee a sum assured in the unfortunate event of your demise during the policy term. The sum assured is chosen at the time of purchase and can affect the premiums that you pay for the policy. However, a term plan is not limited to only the death benefit. There are other ways to enhance the scope of your policy’s features. One such popular way of enhancing the nature and extent of your term insurance plans coverage are inbuilt coverages or riders or add-ons.

This article talks about a term insurance plan’s inbuilt coverage. Read on to know more.

What is inbuilt coverage of a term insurance plan?

Since life can throw multiple curveballs at you, the scope of coverage of a term plan should also be extensive. This can be done with wide inbuilt term insurance coverage. Inbuilt term insurance coverage refers to riders and benefits that can offer you and loved ones financial protection at unexpected times.

Riders can be additional bought, over and above your base term insurance, at an additional premium. These add-on covers offer protection against specific circumstances, and their coverage is restricted to the pre-determined set of circumstances.

Some common riders that you can add to your term insurance plan include:

1. Critical illness rider: A critical illness rider offers you financial security against the costs of treatment of critical medical conditions. Each term insurance policy has a list of critical illnesses mentioned in the policy document. The costs of hospitalization, medicines, doctor’s appointments, surgeries, ambulance, etc., can be covered with this benefit.

2. Permanent disability rider: In case of permanent disability in an accident, an extra percentage of the sum assured is paid out to you with this rider. This takes care of your additional expenses that may arise when you lose your ability to earn an income because of a permanent disability.

3. Accidental death rider: With an accidental death rider, your nominee receives an accidental death rider over and above the death benefit in the unfortunate event of your demise due to an accident.

All these riders add to the coverage of your term insurance plan and can be bought at a nominal cost over and above the base premium for your policy.

Inbuilt coverage offered by Kotak Life term plans

Kotak Life offers e-Term plan. Here are the riders offered under the plan:

● Kotak e-Term Plan

- Kotak Accidental Death Benefit Rider: In the event of a death in an accident, your nominee receives an accidental death benefit within 120 days from the date of the accident.

- Kotak Permanent Disability Benefit Rider: If you suffer from a permanent disability, the permanent disability benefit rider pays you 120% of the rider sum assured, paid over a period of 5 years. The rider benefit is paid in five instalments of 12%, every year. The last payment is paid at the end of the 5th policy year and equals 60% of the rider sum assured.

- Kotak Critical Illness Plus Benefit Rider: The rider sum assured is paid on the diagnoses of any of the 37 critical illnesses mentioned in the plan if you survive for 30 days from the date of diagnosis of the said critical illness.

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

How To Change The Nominee in Term Insurance?

Steps on How to Buy Term Insurance Online

How Much Term Life Insurance Cover Do I Need in India?

Side Effects of Covid-19 Booster Doses

4 Reasons Why You Need Critical Illness Cover

What are the Documents Required for Term Insurance Plan?

Do Beneficiaries Pay Taxes on Term Insurance?

When is the Right Time to Buy Term Life Insurance Policy for Yourself?

Different Types of Protection Plans

What Are Insurance Riders and How to Choose Them in a Term Plan?

What is a short term insurance policy?

Term Insurance: Most Common Term Insurance Myths Explained | Kotak Life

Why Married People Should Buy Term Insurance Under MWP Act?

Term Life Insurance Plan for Smokers vs Non-Smokers

भारत में जीवन बीमा कितने प्रकार के होते हैं?

10 Ways to Mentally Refresh After a Stressful Day

Why Short-Term Insurance Plans Deserve a Second Look?

How Does Term Life Insurance Work? Learn the Benefits

Why You Must Include In Your Financial Planning?

9 Most Frequently Asked Questions on Term Insurance

Different Types of Premiums in Term Insurance?

Term Insurance: What Happens When You Don’t Pay Your Premiums?

टर्म इंश्योरेंस क्लेम प्रक्रिया

What Should Be The Duration Of Your Term Plan in India?

Comparing Term Plans – What Should You Look Out For

Why Spending Time with Friends is Essential for Your Mental Health?

Key Differences Between Term Insurance, ULIPs, And Health Insurance

Which Term Insurance to Choose: Lump Sum or Staggered Pay-out Plan?

Can I Make Changes to My Term Insurance Policy Post Purchase?

Why is it important to buy term insurance plan?

What Happens if you Hide Facts in your Term Insurance?

टर्म इंश्योरेंस बनाम लाइफ इंश्योरेंस: अंतर और लाभ समझें

Busting Myths and Facts About Term Insurance Policies

Why Surrendering Your Term Plan Policy In The Final Phase Maybe A Bad Idea?

How Does BMI Affect Your Term Insurance Premium?

Why Should You Buy Term Insurance in 2022?

What are incremental term insurance plans?

Make Your Online Term Plan Your Family's Monthly Pay Cheque

Term Life Insurance Vs Money Back Life Insurance

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

Endowment Plans vs Term Plans: Understanding the difference

Is Life Insurance Investment Worthy Enough

Choosing Riders for Insurance Plans

Term Insurance vs Life Insurance: Understand the Difference and Benefits

Insuring Against Accidents with an Accidental Death Insurance Rider

Reasons You Need Term Insurance Plan as a Self-Employed Person

What is Critical Illness Policy?

5 Benefits of Early Retirement Planning

Advantages of Buying Term Insurance in Your 50s

Ensure Protection Against Death, Disease & Disability With Life Insurance

Is it a Good Time to Buy Term Insurance During the COVID-19 Pandemic?

What is a Joint Term Insurance Plan? Key Benefits of Joint Term Plan

What is a term insurance plan with a return of premium, and how does it work?

How to Buy 1 Crore Life Insurance Policy Without Medical Test

10-Year Term Life Insurance Policy - Explained in Detail

Why should single women purchase term life insurance?

3 Things to Consider When Buying Term Insurance, If You are Single

Is Group Term Life Insurance Provided By Employer Sufficient?

Does Your Term Insurance Plan Cover Death Due to COVID-19?

Difference Between Term Insurance and Endowment Plan

Why Should You Add a Rider to a Term Insurance Plan?

Do I Need to Give a Medical Test for Term Insurance in India?

Term Insurance with Critical Illness

All about Online Income Tax Calculator

कोविड -19 बूस्टर खुराक के दुष्प्रभाव

Do term insurance policy have a waiting period after buying?

5 Reasons to Buy Term Insurance When You are in Your 30s

How do I Calculate My Term Insurance Premium

Can I Buy Term Insurance for a COVID-19 Patient?

Term Insurance Basics You Should Know

Increasing Term Insurance and Riders

All you need to Know about Term Insurance Plans for housewives

Can Senior Citizens Avail Term Insurance?

Insuring Protection Against Death With Death Insurance Rider

Term Insurance Calculator - Everything You Need To Know

Why 1 Cr Term Plan Is Necessary For Family?

Are The Add-ons and Optional Features of Term Insurance Plans Actually Beneficial?

Term Plans are Definitely Cheaper than You Think!

While Buying Term Insurance Compare Features, Not Just Premiums

4 Things To Expect From Your Term Insurance Plan in India

Is There Any Tax Benefit on Term Insurance?

Tips to Choose the Right Term Period for Term Insurance Plan

टर्म इंश्योरेंस क्या है? टर्म इंश्योरेंस का मतलब

What Types of Deaths Are Covered in a Term Insurance Plan?

Joint vs Individual Term Insurance: Which One Should You Choose?

Why does every working women need life insurance?

6 Types of Death not covered in Term Insurance Plan

10 Ways to Get Your Kids Involved in Your Healthy Lifestyle

Why Term Plan Should Be The First Step To Securing Your Future?

Does Term Insurance Cover Accidental Death?

Why Buy Term Insurance Plan With a High Cover?

How to Compare Term Insurance Online

How to Buy ₹1 Crore Life Insurance Policy Without Medical Test?

Eligibility Criteria for Buying Term Insurance in India

Insuring Against Disability With Disability Insurance Rider

What All Documents Required For Term Insurance In India?

5 Reasons to Have a Child Education Plan

Buying A Term Insurance? Don't Ignore the Claims Settlement Ratio

Is a Term Insurance Policy Portable?

How Does Short-Term Life Insurance Work?

What is Form 16, Form 16 part A, Form 16 part B, Information Required and FAQs

8 Factors to consider before choosing a Critical Illness Insurance

How Does Term Life Insurance Work? Learn the Benefits

Insuring yourself against Ill Health with a Critical Illness Rider

Online vs Offline Term Insurance: Which Is The Better Option To Buy

Planning For Children's Future

9 Ways to Help Family Members in Financial Trouble

What Is a Passive Income? Why Should You Use It to Buy a Term Plan?

Can I Get Term Insurance on Behalf of My Spouse?

How To Choose the Right Sum Assured Under a Term Plan?

What Are the Best Term Insurance Plans for Planning Retirement?

Can Term Insurance Plans Be Purchased As A Gift?

Key IRDAI Regulations That Changed Face Of Term Insurance Industry In 2020

Is term Insurance Needed for People With No Dependents?

क्या ₹1 करोड़ का टर्म इंश्योरेंस पर्याप्त कवर है?

Can I Extend the Tenure of My Term Insurance Plan?

What is the Right Term Period For Term Insurance Policy? Here's How You Should Choose!

Term Insurance Age Limit – Term Plan for All Age Groups

Top 3 Reasons Why You Should Buy A Term Plan Now

6 Reasons That Make Term Insurance a Must Buy

Protection for your family

Is It Good To Buy A Term Insurance Plan In 2022?

How To Evaluate Your Term Insurance Quote?

भारत में गृहणियों के लिए टर्म इंश्योरेंस

Individual Life Insurance vs. Group Term Life Insurance

Planning For Son or Daughter's Wedding

How To Calculate The Amount Of Term Life Insurance You Need?

5 Term Insurance Benefits for Single Women

Difference between Section 80C and 80CCC of the Income Tax Act, 1961

11 Types of Death not covered in Term Insurance Plans

8 Things To Do After Buying Term Insurance

Why Buy Term Insurance Even at Rising Rates?

How Much Term Life Insurance Cover Do I Need?

Benefits of Short-Term Life Insurance Policy

Why Term Insurance Is Better Than ULIP?

Can You Get Term Insurance Without Income Proof?

Difference Between Short-Term and Long-Term Insurance

Can You Increase Your Term Insurance Cover?

Should you have more than one nominee in your term insurance?

What Is the Correct Age to Buy Term Insurance?

Everything About Claim Settlement Ratio for Term Insurance

What Happens to Term Insurance Plan With No Beneficiary - Kotak Life

9 Point Guide on how to File Income Tax Return Online

Difference Between Term Insurance and Endowment Plan

जीवन बीमा पॉलिसी लेने की प्रक्रिया क्या है?

Should Youngsters, Working Couples Buy Term Insurance Plans?

What Is a Renewable Term Insurance Policy?

Gift Your Father A Term Insurance Plan This Father's Day

Zero Cost Term Insurance Plan: What is & Should you buy it?

How Much Cover Should I Take In A Term Plan?

Cost of Term Insurance Likely to Increase Soon

What is Insurance Premium? | Definition of Insurance Premium

Buying A Term Insurance Plan? Take These Factors into Account

How to Identify Term Insurance According to Your Needs?

Is Term Life Insurance Plan an Investment or Expense?

Do You Need Term Insurance Cover After Retirement?

Why Premium Amount for Term Insurance is So Low?

Calculating Term Insurance Premium

Is ₹1 Crore Term Insurance Good Enough Cover?

Should You Buy a Term Plan After 40?

Can a Housewife Buy a Term Insurance Plan - All You Need to Know

Make Your Online Term Plan Your Familys Monthly Payout

How To Choose the Right Term Insurance Plan?

Why Term Insurance Is Important in times of COVID-19?

Should you buy a Renewable Term Life Policy?

Insurance Policy for Housewife In India

Term Insurance: Smokers vs Non-Smokers

Should You Have Multiple Term Life Insurance Policies?

10 Most Frequently Asked Questions - FAQs on Term Insurance

Term Plan with Spouse Cover

How to Surrender Term Life Insurance When You Have No Liabilities?

Understanding Term Insurance Riders

Term Insurance Plans and Policies for Smokers

Tax Benefits of Term Insurance in India

Why Buying a Term Plan Is Smarter Than Traditional Life Insurance Products

Can Non-Resident Indians (NRIs) Buy Term Insurance In India?

Ideal Features of a Suitable Term Plan - Act Now for a Stress-free Future

5 Things To Consider While Buying Term Insurance Plan

Term Insurance Claims – Make Sure Your Claims Are Never Rejected

Which Death Type Does Your Term Plan Not Cover?

Term Vs. Whole Life Insurance: Which One You Should Buy in India?

How Not To Get Your Term Insurance Claim Rejected

Know How to Invest at Every Age for Larger Returns

Why Should New Parents Buy Term Life Insurance?

Term Insurance With Riders In India

Types of Life Insurance Policies in India

4 Methods to Calculate How Much Term Insurance You Need

Importance of Term Insurance at Every Stage of Your Life

Advantages & Disadvantages of Term Insurance in India

8 Benefits of Term Insurance You Should Know

What Should You opt for - Limited or Premium Pay?

Why Should You Not Take A Term Plan Without Medical Test in India?

What is Term Insurance? Term Plan Meaning and Definition