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.

Why does every working women need life insurance?

Term Insurance Plan For Working Women - Find out important benefits of term insurance for working women here on this article. Visit Kotak Life to know more on term insurance

  • Jun 15, 2021
  • 3,142 Views

​Gone are the days when women were only managing their households. Today, women are educated, independent and give their equal contribution to their households. The ratio of working women has increased manifold over the last few years. However, despite the financial independence, several women still lack proper security in terms of their and their family’s future. The viable way to secure the future is to invest in a term insurance plan for working women.
Here are some of the most important benefits of term insurance for working women:

  • Planning for the Financially Independent Working Woman
    As a working woman, you are financially independent and can handle your own finances without having to look up to someone else to take care of your money. Investing in a life insurance plan can act as a savings option by ensuring that a certain amount of money is kept aside for future contingencies. This will also help you to chalk out a financial plan that caters to your short-term and long-term goals keeping in mind your current financial requirements.
  • Attractive Discounts on Term Plan Premiums for Women
    Recent studies have shown that women tend to live longer than men. This fact makes it less risky for insurance companies to insure women. Thus, the premium rates for term insurance is lower for women making it more cost-effective. As a working woman, you can easily invest your money towards a term plan as it provides insurance cover at affordable rates.
  • Secure Your Family Against the Burden of Debt
    If you have any pending loans or debts such as home loan, education loan, business loan, etc., a term insurance plan can prove beneficial in that space too. You do not want to burden your family with debt obligations after you are gone. Therefore, your dependents can use your term insurance policy to pay off all the pending liabilities in case of your unfortunate demise.
  • Tax Benefits to Reduce Current Financial Burden
    As per the Income Tax Act, 1961 term insurance policies are exempt from taxes. As a working woman, if you pay your income tax, a term plan can prove extremely beneficial. The premiums you pay for the policy are exempt from taxes underSection 80C , whereas the maturity proceeds are given tax benefit under Section 10(10D) of the Income Tax Act.
  • Mother’s Legacy for the Children after her Demise
    One of the major worries for all parents – working or non-working is their children. As a working woman, you can safeguard the life of your children financially by investing in a term plan now. Term plans benefits can help your loved ones deal with the loss and carry on their lives in such difficult times.
  • Critical Illness Cover Against High-Risk Conditions for Women
    As women are at a high risk of breast cancer and heart diseases as compared to men, adding a critical illness cover becomes extremely important. Most insurance providers offer several riders that can be clubbed with the term plan to enhance the coverage. You can choose the critical illness rider to keep you safe from critical ailments like cervical cancer, breast cancer, heart diseases, stroke, paralysis, etc. This will ensure your financial independence even in case of a medical emergency.

As a woman, you should realize the value of your contribution and insure yourself with a comprehensive term insurance plan. However, despite the striking need, the penetration of insurance in women is extremely low. Thus, you must be aware and trust the e-Term plan from Kotak Life, with economical premiums and competitive features, to be the assured security for your future. Invest well, be happy!

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

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

Why 1 Cr Term Plan Is Necessary For Family?

Side Effects of Covid-19 Booster Doses

Insuring yourself against Ill Health with a Critical Illness Rider

Individual Life Insurance vs. Group Term Life Insurance

Make Your Online Term Plan Your Familys Monthly Payout

Term Insurance Age Limit – Term Plan for All Age Groups

Do Beneficiaries Pay Taxes on Term Insurance?

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

Term Insurance with Critical Illness

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

Why Short-Term Insurance Plans Deserve a Second Look?

All About Term Insurance Inbuilt Coverage

Why Married People Should Buy Term Insurance Under MWP Act?

Term Insurance Plans and Policies for Smokers

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

Different Types of Premiums in Term Insurance?

How To Choose the Right Term Insurance Plan?

टर्म इंश्योरेंस क्या है? टर्म इंश्योरेंस का मतलब

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

What is a short term insurance policy?

Buying A Term Insurance Plan? Take These Factors into Account

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

What are incremental term insurance plans?

5 Reasons to Have a Child Education Plan

Why Buy Term Insurance Plan With a High Cover?

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

5 Benefits of Early Retirement Planning

While Buying Term Insurance Compare Features, Not Just Premiums

Do You Need Term Insurance Cover After Retirement?

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

How to Buy 1 Crore Life Insurance Policy Without Medical Test

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

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

Insuring Protection Against Death With Death Insurance Rider

How Does BMI Affect Your Term Insurance Premium?

Busting Myths and Facts About Term Insurance Policies

Can Senior Citizens Avail Term Insurance?

Endowment Plans vs Term Plans: Understanding the difference

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

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

Term Insurance Calculator - Everything You Need To Know

What Happens if you Hide Facts in your Term Insurance?

Term Insurance vs Life Insurance: Understand the Difference and Benefits

Advantages of Buying Term Insurance in Your 50s

Increasing Term Insurance and Riders

9 Most Frequently Asked Questions on Term Insurance

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

क्या ₹1 करोड़ का टर्म इंश्योरेंस पर्याप्त कवर है?

कोविड -19 बूस्टर खुराक के दुष्प्रभाव

Planning For Children's Future

What All Documents Required For Term Insurance In India?

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

Eligibility Criteria for Buying Term Insurance in India

10 Ways to Mentally Refresh After a Stressful Day

4 Methods to Calculate How Much Term Insurance You Need

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

How Does Term Life Insurance Work? Learn the Benefits

भारत में गृहणियों के लिए टर्म इंश्योरेंस

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

Know How to Invest at Every Age for Larger Returns

How Much Term Life Insurance Cover Do I Need?

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

6 Types of Death not covered in Term Insurance Plan

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

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

How to Identify Term Insurance According to Your Needs?

Is a Term Insurance Policy Portable?

Insurance Policy for Housewife In India

Planning For Son or Daughter's Wedding

Term Life Insurance Plan for Smokers vs Non-Smokers

Benefits of Short-Term Life Insurance Policy

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

Ensure Protection Against Death, Disease & Disability With Life Insurance

Does Term Insurance Cover Accidental Death?

Insuring Against Disability With Disability Insurance Rider

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

Tips to Choose the Right Term Period for Term Insurance Plan

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

8 Benefits of Term Insurance You Should Know

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

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

Top 3 Reasons Why You Should Buy A Term Plan Now

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

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

टर्म इंश्योरेंस बनाम लाइफ इंश्योरेंस: अंतर और लाभ समझें

9 Point Guide on how to File Income Tax Return Online

Importance of Term Insurance at Every Stage of Your Life

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

Difference Between Term Insurance and Endowment Plan

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

Cost of Term Insurance Likely to Increase Soon

Why Term Insurance Is Better Than ULIP?

Can You Increase Your Term Insurance Cover?

How do I Calculate My Term Insurance Premium

Term Insurance With Riders In India

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

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

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

Can I Get Term Insurance on Behalf of My Spouse?

What is Term Insurance? Term Plan Meaning and Definition

Why is it important to buy term insurance plan?

8 Things To Do After Buying Term Insurance

Key Differences Between Term Insurance, ULIPs, And Health Insurance

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

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

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

जीवन बीमा पॉलिसी लेने की प्रक्रिया क्या है?

8 Factors to consider before choosing a Critical Illness Insurance

How to Compare Term Insurance Online

How Not To Get Your Term Insurance Claim Rejected

Insuring Against Accidents with an Accidental Death Insurance Rider

How To Evaluate Your Term Insurance Quote?

5 Things To Consider While Buying Term Insurance Plan

What is Critical Illness Policy?

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

टर्म इंश्योरेंस क्लेम प्रक्रिया

All you need to Know about Term Insurance Plans for housewives

Term Insurance: Smokers vs Non-Smokers

Understanding Term Insurance Riders

Term Plans are Definitely Cheaper than You Think!

How Much Cover Should I Take In A Term Plan?

What Is the Correct Age to Buy Term Insurance?

Should You Have Multiple Term Life Insurance Policies?

How Does Term Life Insurance Work? Learn the Benefits

Is Group Term Life Insurance Provided By Employer Sufficient?

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

What Are the Best Term Insurance Plans for Planning Retirement?

Is ₹1 Crore Term Insurance Good Enough Cover?

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

Should You Buy a Term Plan After 40?

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

Is Life Insurance Investment Worthy Enough

Should Youngsters, Working Couples Buy Term Insurance Plans?

10 Ways to Get Your Kids Involved in Your Healthy Lifestyle

Term Insurance Basics You Should Know

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

4 Reasons Why You Need Critical Illness Cover

Why Should You Buy Term Insurance in 2022?

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

How To Change The Nominee in Term Insurance?

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

Protection for your family

Steps on How to Buy Term Insurance Online

Can You Get Term Insurance Without Income Proof?

Should you buy a Renewable Term Life Policy?

What Should You opt for - Limited or Premium Pay?

Everything About Claim Settlement Ratio for Term Insurance

Is Term Life Insurance Plan an Investment or Expense?

4 Things To Expect From Your Term Insurance Plan in India

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

10 Most Frequently Asked Questions - FAQs on Term Insurance

Tax Benefits of Term Insurance in India

Is term Insurance Needed for People With No Dependents?

Difference Between Short-Term and Long-Term Insurance

Calculating Term Insurance Premium

What Is a Renewable Term Insurance Policy?

Can I Extend the Tenure of My Term Insurance Plan?

Why Buy Term Insurance Even at Rising Rates?

Types of Life Insurance Policies in India

10-Year Term Life Insurance Policy - Explained in Detail

What is Insurance Premium? | Definition of Insurance Premium

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

Choosing Riders for Insurance Plans

Why should single women purchase term life insurance?

Why You Must Include In Your Financial Planning?

How Does Short-Term Life Insurance Work?

Which Death Type Does Your Term Plan Not Cover?

Term Life Insurance Vs Money Back Life Insurance

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

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

9 Ways to Help Family Members in Financial Trouble

What are the Documents Required for Term Insurance Plan?

All about Online Income Tax Calculator

Why Should New Parents Buy Term Life Insurance?

Difference Between Term Insurance and Endowment Plan

5 Term Insurance Benefits for Single Women

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

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

भारत में जीवन बीमा कितने प्रकार के होते हैं?

6 Reasons That Make Term Insurance a Must Buy

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

Can Term Insurance Plans Be Purchased As A Gift?

Is There Any Tax Benefit on Term Insurance?

Term Insurance Claims – Make Sure Your Claims Are Never Rejected

Comparing Term Plans – What Should You Look Out For

11 Types of Death not covered in Term Insurance Plans

Term Plan with Spouse Cover

Advantages & Disadvantages of Term Insurance in India

Different Types of Protection Plans

Do term insurance policy have a waiting period after buying?

Why Premium Amount for Term Insurance is So Low?

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