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.

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

Read the article to know if you can buy a term insurance for COVID-19 Patient or not as the importance of insurance policy has risen due to COVID-19.

  • Nov 26, 2021

The COVID-19 pandemic has made people in India realise the importance of having a life insurance cover to get financial protection against such uncertainties. Insurance companies suggest that there has been a significant rise in the number of policy buyers since 2020.

As the world has witnessed several fatalities due to COVID-19, many Indian’s rush to purchase a new insurance policy like health insurance and term insurance. Many first-time insurance buyers prefer buying a term plan mainly because it provides high coverage at an affordable premium.

As per the IRDA (Insurance Regulatory and Development Authority) mandate, all general and health insurance companies are directed to cover COVID-19 under the existing and new policies compulsorily. So, if you already have term insurance, you can be assured that the insurer will pay the sum assured to your family in the event of your demise due to COVID-19.

Due to the increasing number of COVID-19-related death claims, the insurance companies consider COVID-19 death as a general death and provide financial compensation to the policyholder’s family. However, if you don’t have an existing term plan, can you purchase a new policy for a COVID-19 patient?

No, if you or the person for whom you want to purchase term insurance is diagnosed with COVID-19 or show symptoms of the infection, buying a new policy can be challenging. If you have COVID-19 when purchasing term insurance, it will be treated as a pre-existing condition, and your term insurance application may be rejected.

Today, insurance companies are taking more precautions on whom they cover. If you are looking to buy a new policy, you must comply with specific requirements like providing medical proof of your health status. Some insurers may even ask you to undertake a COVID-19 RT PCR test and submit the latest report to ascertain your COVID-19 status.

Also, many insurance companies have introduced a questionnaire that you must fill as part of the application process. The questionnaire is specially designed for the buyer to disclose their COVID-19 status. It may contain questions like ‘Have you ever been advised to take a COVID-19 test? ‘Have you been tested positive for COVID-19 before?’ ‘Are you awaiting your COVID-19 test results?’ etc.

If you check any of these boxes, there are chances that the insurer will reject your policy application. This is done to filter out the applicants buying term life insurance policies, despite having COVID-19 symptoms. Regular term insurance is not priced to cover such high-risk individuals, and the insurance companies would want to know about the objective of buying a term plan in such uncertain times.

You must answer all the questions honestly and disclose the COVID-19 status. Hiding any information from the insurer can prove to be a costly mistake later. Suppose your family files a claim a few months after purchasing the policy. In that case, the insurer may undertake an investigation, and if they find out that they did not disclose any information, they will not honour the claim.

This could mean your family will not get any financial aid even as they are mourning your loss. The last thing you would want your family to face is financial hardship as they are dealing with the emotional stress of losing a family member.

Therefore, from a term insurance buyer’s perspective, you must purchase a policy early because if you reside in a high-risk area or a red zone locality, you can assure financial protection to your family.

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

Why Married People Should Buy Term Insurance Under MWP Act?

Can An Individual Buy Multiple Term Insurance Plans?

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

Increasing Term Insurance and Riders

What Happens if you Hide Facts in your Term Insurance?

कोविड -19 बूस्टर खुराक के दुष्प्रभाव

Advantages of Buying Term Insurance in Your 50s

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

Busting Myths and Facts About Term Insurance Policies

Why Should You Buy Term Insurance in 2022?

Buying A Term Insurance Plan? Take These Factors into Account

Protection for your family

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

When Should You Review Term Life Insurance of Yours?

टर्म इंश्योरेंस क्या है? टर्म इंश्योरेंस का मतलब

How Does BMI Affect Your Term Insurance Premium?

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

Can You Get Term Insurance Without Income Proof?

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

Term Life Insurance Vs Money Back Life Insurance

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

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

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

What is Insurance Premium? | Definition of Insurance Premium

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

Can Senior Citizens Avail Term Insurance?

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

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

Importance of Term Insurance at Every Stage of Your Life

Why does every working women need life insurance?

Comparing Term Plans – What Should You Look Out For

10-Year Term Life Insurance Policy - Explained in Detail

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

Can I Extend the Tenure of My Term Insurance Plan?

Is ₹1 Crore Term Insurance Good Enough Cover?

Does Term Insurance Cover Accidental Death?

9 Ways to Help Family Members in Financial Trouble

जीवन बीमा पॉलिसी लेने की प्रक्रिया क्या है?

How Much Term Life Insurance Cover Do I Need?

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

Term Insurance: Smokers vs Non-Smokers

How To Change The Nominee in Term Insurance?

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

Why Premium Amount for Term Insurance is So Low?

What is Term Insurance? Term Plan Meaning and Definition

Should Youngsters, Working Couples Buy Term Insurance Plans?

What is a short term insurance policy?

Steps on How to Buy Term Insurance Online

Do Beneficiaries Pay Taxes on Term Insurance?

8 Benefits of Term Insurance You Should Know

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

Tax Benefits of Term Insurance in India

4 Things To Expect From Your Term Insurance Plan in India

Term Insurance Calculator - Everything You Need To Know

4 Methods to Calculate How Much Term Insurance You Need

How Not To Get Your Term Insurance Claim Rejected

What Is a Renewable Term Insurance Policy?

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

6 Reasons That Make Term Insurance a Must Buy

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

Cost of Term Insurance Likely to Increase Soon

5 Smart Steps to keep in mind while buying term policies

Side Effects of Covid-19 Booster Doses

What is Critical Illness Policy?

Types of Life Insurance Policies in India

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

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

Should You Have Multiple Term Life Insurance Policies?

Term Insurance Plans and Policies for Smokers

All you need to Know about Term Insurance Plans for housewives

Different Types of Premiums in Term Insurance?

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

Eligibility Criteria for Buying Term Insurance in India

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

Why Short-Term Insurance Plans Deserve a Second Look?

Tips to Choose the Right Term Period for Term Insurance Plan

Is There Any Tax Benefit on Term Insurance?

Benefits of Short-Term Life Insurance Policy

Term Life Insurance Plan for Smokers vs Non-Smokers

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

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

Why Buy Term Insurance Even at Rising Rates?

Make Your Online Term Plan Your Familys Monthly Payout

How To Evaluate Your Term Insurance Quote?

6 Types of Death not covered in Term Insurance Plan

Is Term Life Insurance Plan an Investment or Expense?

Do term insurance policy have a waiting period after buying?

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

Difference Between Term Insurance and Endowment Plan

5 Benefits of Early Retirement Planning

Do You Need Term Insurance Cover After Retirement?

How Much Cover Should I Take In A Term Plan?

Should you buy a Renewable Term Life Policy?

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

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

What Are the Best Term Insurance Plans for Planning Retirement?

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

How Does Short-Term Life Insurance Work?

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

Ensure Protection Against Death, Disease & Disability With Life Insurance

Difference Between Term Insurance and Endowment Plan

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

Insuring yourself against Ill Health with a Critical Illness Rider

Term Insurance Claims – Make Sure Your Claims Are Never Rejected

4 Reasons Why You Need Critical Illness Cover

Term Insurance with Critical Illness

Should You Buy a Term Plan After 40?

How do I Calculate My Term Insurance Premium

Key Differences Between Term Insurance, ULIPs, And Health Insurance

11 Types of Death not covered in Term Insurance Plans

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

Term Insurance vs Life Insurance: Understand the Difference and Benefits

5 Reasons to Have a Child Education Plan

Term Insurance Age Limit – Term Plan for All Age Groups

Is Life Insurance Investment Worthy Enough

Individual Life Insurance vs. Group Term Life Insurance

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

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

क्या ₹1 करोड़ का टर्म इंश्योरेंस पर्याप्त कवर है?

Insuring Protection Against Death With Death Insurance Rider

टर्म इंश्योरेंस क्लेम प्रक्रिया

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

Why should single women purchase term life insurance?

What Is the Correct Age to Buy Term Insurance?

Why Buy Term Insurance Plan With a High Cover?

Why is it important to buy term insurance plan?

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

What All Documents Required For Term Insurance In India?

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

Can Term Insurance Plans Be Purchased As A Gift?

How to Buy 1 Crore Life Insurance Policy Without Medical Test

Can You Increase Your Term Insurance Cover?

How Does Term Life Insurance Work? Learn the Benefits

Term Insurance With Riders In India

Top 3 Reasons Why You Should Buy A Term Plan Now

Difference Between Short-Term and Long-Term Insurance

Endowment Plans vs Term Plans: Understanding the difference

9 Point Guide on how to File Income Tax Return Online

Which Death Type Does Your Term Plan Not Cover?

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

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

Is term Insurance Needed for People With No Dependents?

8 Things To Do After Buying Term Insurance

Choosing Riders for Insurance Plans

Everything About Claim Settlement Ratio for Term Insurance

Different Types of Protection Plans

8 Factors to consider before choosing a Critical Illness Insurance

All About Term Insurance Inbuilt Coverage

Is Group Term Life Insurance Provided By Employer Sufficient?

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

How To Choose the Right Term Insurance Plan?

Insurance Policy for Housewife In India

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

Planning For Children's Future

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

भारत में गृहणियों के लिए टर्म इंश्योरेंस

Advantages & Disadvantages of Term Insurance in India

Is a Term Insurance Policy Portable?

Why 1 Cr Term Plan Is Necessary For Family?

10 Ways to Mentally Refresh After a Stressful Day

Know How to Invest at Every Age for Larger Returns

Understanding Term Insurance Riders

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

How Does Term Life Insurance Work? Learn the Benefits

What are incremental term insurance plans?

Why Should New Parents Buy Term Life Insurance?

What are the Documents Required for Term Insurance Plan?

Why You Must Include In Your Financial Planning?

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

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

All about Online Income Tax Calculator

10 Ways to Get Your Kids Involved in Your Healthy Lifestyle

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

Planning For Son or Daughter's Wedding

How to Identify Term Insurance According to Your Needs?

10 Most Frequently Asked Questions - FAQs on Term Insurance

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

Term Insurance Basics You Should Know

Can I Get Term Insurance on Behalf of My Spouse?

5 Term Insurance Benefits for Single Women

टर्म इंश्योरेंस बनाम लाइफ इंश्योरेंस: अंतर और लाभ समझें

Term Plan with Spouse Cover

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

Term Plans are Definitely Cheaper than You Think!

What Should You opt for - Limited or Premium Pay?

While Buying Term Insurance Compare Features, Not Just Premiums

भारत में जीवन बीमा कितने प्रकार के होते हैं?

How to Compare Term Insurance Online

5 Things To Consider While Buying Term Insurance Plan

Why Term Insurance Is Better Than ULIP?

Insuring Against Disability With Disability Insurance Rider

Calculating Term Insurance Premium

9 Most Frequently Asked Questions on Term Insurance

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

Insuring Against Accidents with an Accidental Death Insurance Rider