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Ref. No. KLI/22-23/E-BB/492
A term insurance plan with COVID-19 coverage helps policyholders protect their family members in case of their death. Read more to know about the Kotak e-term plan.
Term insurance is a pure life insurance policy that helps policyholders secure their families in case of their death. Kotak e-Term plan comes up with COVID-19 coverage to repose your faith in term plans. Keep reading to know more about this policy.
The onset of the COVID-19 pandemic has caused immense stress to people worldwide. Humanity has been facing the challenge of this pandemic bravely and rightfully deserves to get prepared for any calamity.
A term plan with Coronavirus coverage is a timely initiative that has risen to meet the need of an insurance plan promising the coverage of Coronavirus-related fatality to the policyholders. This proactive step, amidst the outbreak of COVID-19 infection, reaffirms people’s faith in buying a good term insurance plan..
COVID-19 is notorious for causing immense physical and mental stress to the patient. And, while recovering from the disease, you may need strict medical supervision. While mild cases get treated at home, severe infections call for hospitalisation for at least 14 days. And what if the Death God arrives! The world has witnessed the mayhem where innumerable people lost their lives despite hospitalisation
The second wave of this pandemic has affected countless families. Many children have lost their parents and vice versa. And losing the sole bread earner of the family is the most unfortunate for the surviving family. Timely monetary help in such time is what we intend to extend to our term plan policyholders.
Being a term insurance plan, Kotak e-term Plan offers a death benefit to the policyholders at a reasonable cost. However, you can add riders to your policy to enhance your cover, such as;
If you are dazed by the global COVID-19 mayhem, iron out your indecisiveness over buying the right term policy. Kotak e-Term plan is the much-needed fiscal shield for your family. Being an e-term plan, you can easily buy this policy online by filling out the online form, choosing your cover and premium, making the payment and receiving the policy in your email. You can also select the frequency of paying premiums monthly or yearly as per your convenience.
Features
Ref. No. KLI/22-23/E-BB/2435
The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The content has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Recipients of this information are advised to rely on their own analysis, interpretations & investigations. Readers are also advised to seek independent professional advice in order to arrive at an informed investment decision. Further customer is the advised to go through the sales brochure before conducting any sale. Above illustrations are only for understanding, it is not directly or indirectly related to the performance of any product or plans of Kotak Life.