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.

Does Term Insurance Cover Accidental Death?

An accidental death insurance policy is one of the many additional benefits that you can add to your term insurance plan. Read on to know all about the policy.

  • Oct 29, 2021


It’s a fine morning, and you’re commuting to work. It is a regular task for you to follow the same route to your workplace with the same travellers. However, meeting with an accident is entirely unpredictable. Thankfully, you purchased a term plan for your family’s safety and the knowledge that your family’s aspirations can continue in your absence is all we can gain solace in – in case such an unfortunate incident happens.

Accidental death either gives your family a higher sum assured (sometimes 2x cover) or you can get covered for disability and can get a waiver on paying future premiums if disabled and have no source of income. Therefore, an accidental death cover in term insurance provides you with an additional layer of protection.

Term Insurance

Given the abundance of information on how you can ensure your loved ones’ safety and build sufficient funds for them, term insurance appears to be the ideal approach. This will enable them to continue their lifestyle and live comfortably even after you are no longer around.

A term insurance plan is a form of life insurance policy that covers you for a certain period. It can last up to 85 years or 5-25 years in the case of a short-term policy. If you pass away during the tenure, your beneficiaries are entitled to a death benefit under the policy’s provisions. Also, this plan enables you to include additional benefits in the form of riders to guarantee your loved ones’ future security.

Accidental Death Cover in Term Insurance

An accidental death insurance policy in India is one of the many additional benefits that you can add to your term insurance plan. It covers some predetermined damages specified in the policy agreement, such as amputation, fractures, burns, wounds, or disabilities. Accidental life insurance gives a lump sum payout known as an accidental death benefit to the beneficiary in the case of your demise.

Term Insurance with Accidental Disability Rider

Accidents do not come knocking at your doorstep. However, such unexpected occurrences bring ambiguity, losses, temporary or permanent disabilities, etc., with themselves. Therefore, it is sensible to get term insurance with an accidental disability rider if you want to gear up for the worst.

In case of an accident that results in disability, a lump sum payment or a monthly income for a certain period is given to you and your loved ones. This period is entirely based on the length of the policy and your financial requirements.

There are two situations for disabilities in an accidental death insurance policy:

  • Permanent Disability
  • If you are no longer able to work or take care of yourself or your family due to permanent accidental disability, the rider benefit is given in a lump sum amount as compensation.

  • Partial Disability
  • If you experience a partial accidental disability where you are not completely incapable of taking care of yourself, term insurance with an accidental disability rider benefit pays the compensation amount monthly.

Find Out If You Need an Accidental Insurance Policy

You must understand the additional benefits you should add to your term insurance to manage your finances effectively. Though everyone should opt for accidental life insurance, it becomes necessary to work in hazardous and life-threatening work environments, commute daily to work, etc.

Exceptions to Accidental Death Cover in Term Insurance

Before relying on an insurance policy, you should remember that your loved ones are not eligible for accidental death benefits if you due to:

  • Adventure sports
  • Driving under intoxication
  • Drug overdose

To summarise, we do not know what the future has in store for us. Given this unpredictability, staying prepared and getting an accidental death cover in term insurance is recommended to be safe rather than sorry later. Nothing can give you better peace of mind than securing your loved ones’ future even after you’re no longer there!

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

10 Ways to Get Your Kids Involved in Your Healthy Lifestyle

Different Types of Premiums in Term Insurance?

5 Benefits of Early Retirement Planning

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

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

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

टर्म इंश्योरेंस क्लेम प्रक्रिया

What Is a Renewable Term Insurance Policy?

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

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

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

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

Term Insurance Plans and Policies for Smokers

Insuring Protection Against Death With Death Insurance Rider

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

How Does BMI Affect Your Term Insurance Premium?

Is term Insurance Needed for People With No Dependents?

Why Should You Buy Term Insurance in 2022?

What are incremental term insurance plans?

Types of Life Insurance Policies in India

How To Change The Nominee in Term Insurance?

What is Term Insurance? Term Plan Meaning and Definition

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

When Should You Review Term Life Insurance of Yours?

Term Insurance Calculator - Everything You Need To Know

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

Term Insurance Basics You Should Know

Individual Life Insurance vs. Group Term Life Insurance

10 Most Frequently Asked Questions - FAQs on Term Insurance

Make Your Online Term Plan Your Familys Monthly Payout

Cost of Term Insurance Likely to Increase Soon

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

Top 3 Reasons Why You Should Buy A Term Plan Now

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

What All Documents Required For Term Insurance In India?

Do You Need Term Insurance Cover After Retirement?

टर्म इंश्योरेंस क्या है? टर्म इंश्योरेंस का मतलब

Do Beneficiaries Pay Taxes on Term Insurance?

Why 1 Cr Term Plan Is Necessary For Family?

How to Buy 1 Crore Life Insurance Policy Without Medical Test

Can You Increase Your Term Insurance Cover?

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

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

Can I Extend the Tenure of My Term Insurance Plan?

What are the Documents Required for Term Insurance Plan?

Why Should New Parents Buy Term Life Insurance?

Protection for your family

4 Reasons Why You Need Critical Illness Cover

Is Group Term Life Insurance Provided By Employer Sufficient?

Why Premium Amount for Term Insurance is So Low?

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

Difference Between Term Insurance and Endowment Plan

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

How To Choose the Right Term Insurance Plan?

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

Is a Term Insurance Policy Portable?

8 Benefits of Term Insurance You Should Know

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

Importance of Term Insurance at Every Stage of Your Life

How do I Calculate My Term Insurance Premium

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

11 Types of Death not covered in Term Insurance Plans

What is a short term insurance policy?

Understanding Term Insurance Riders

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

Steps on How to Buy Term Insurance Online

5 Smart Steps to keep in mind while buying term policies

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

Why should single women purchase term life insurance?

Should Youngsters, Working Couples Buy Term Insurance Plans?

Why You Must Include In Your Financial Planning?

Benefits of Short-Term Life Insurance Policy

Know How to Invest at Every Age for Larger Returns

Is Term Life Insurance Plan an Investment or Expense?

Why Short-Term Insurance Plans Deserve a Second Look?

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

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

9 Ways to Help Family Members in Financial Trouble

Term Insurance vs Life Insurance: Understand the Difference and Benefits

भारत में जीवन बीमा कितने प्रकार के होते हैं?

Planning For Son or Daughter's Wedding

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

All about Online Income Tax Calculator

Term Life Insurance Plan for Smokers vs Non-Smokers

How Does Short-Term Life Insurance Work?

What Are the Best Term Insurance Plans for Planning Retirement?

How Much Term Life Insurance Cover Do I Need?

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

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

Why is it important to buy term insurance plan?

Different Types of Protection Plans

जीवन बीमा पॉलिसी लेने की प्रक्रिया क्या है?

Difference Between Term Insurance and Endowment Plan

10 Ways to Mentally Refresh After a Stressful Day

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

Side Effects of Covid-19 Booster Doses

Comparing Term Plans – What Should You Look Out For

Term Insurance with Critical Illness

How Much Cover Should I Take In A Term Plan?

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

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

While Buying Term Insurance Compare Features, Not Just Premiums

Term Insurance Age Limit – Term Plan for All Age Groups

What Is the Correct Age to Buy Term Insurance?

Can Term Insurance Plans Be Purchased As A Gift?

Why Term Insurance Is Better Than ULIP?

भारत में गृहणियों के लिए टर्म इंश्योरेंस

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

Insuring Against Disability With Disability Insurance Rider

Planning For Children's Future

क्या ₹1 करोड़ का टर्म इंश्योरेंस पर्याप्त कवर है?

Do term insurance policy have a waiting period after buying?

Can Senior Citizens Avail Term Insurance?

6 Reasons That Make Term Insurance a Must Buy

Choosing Riders for Insurance Plans

Why Married People Should Buy Term Insurance Under MWP Act?

All you need to Know about Term Insurance Plans for housewives

Increasing Term Insurance and Riders

4 Methods to Calculate How Much Term Insurance You Need

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

Calculating Term Insurance Premium

Key Differences Between Term Insurance, ULIPs, And Health Insurance

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

Eligibility Criteria for Buying Term Insurance in India

What is Critical Illness Policy?

Should You Have Multiple Term Life Insurance Policies?

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

9 Most Frequently Asked Questions on Term Insurance

Ensure Protection Against Death, Disease & Disability With Life Insurance

Buying A Term Insurance Plan? Take These Factors into Account

कोविड -19 बूस्टर खुराक के दुष्प्रभाव

Why does every working women need life insurance?

टर्म इंश्योरेंस बनाम लाइफ इंश्योरेंस: अंतर और लाभ समझें

Which Death Type Does Your Term Plan Not Cover?

Can I Get Term Insurance on Behalf of My Spouse?

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

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

What Should You opt for - Limited or Premium Pay?

5 Things To Consider While Buying Term Insurance Plan

How to Compare Term Insurance Online

Should you buy a Renewable Term Life Policy?

Insuring yourself against Ill Health with a Critical Illness Rider

Can An Individual Buy Multiple Term Insurance Plans?

Is Life Insurance Investment Worthy Enough

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

Busting Myths and Facts About Term Insurance Policies

5 Reasons to Have a Child Education Plan

Advantages of Buying Term Insurance in Your 50s

Term Insurance Claims – Make Sure Your Claims Are Never Rejected

Term Insurance: Smokers vs Non-Smokers

How Not To Get Your Term Insurance Claim Rejected

6 Types of Death not covered in Term Insurance Plan

8 Factors to consider before choosing a Critical Illness Insurance

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

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

Should You Buy a Term Plan After 40?

Tax Benefits of Term Insurance in India

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

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

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

Advantages & Disadvantages of Term Insurance in India

5 Term Insurance Benefits for Single Women

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

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

How to Identify Term Insurance According to Your Needs?

Is ₹1 Crore Term Insurance Good Enough Cover?

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

How Does Term Life Insurance Work? Learn the Benefits

All About Term Insurance Inbuilt Coverage

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

Is There Any Tax Benefit on Term Insurance?

4 Things To Expect From Your Term Insurance Plan in India

Difference Between Short-Term and Long-Term Insurance

8 Things To Do After Buying Term Insurance

Can You Get Term Insurance Without Income Proof?

Insuring Against Accidents with an Accidental Death Insurance Rider

What is Insurance Premium? | Definition of Insurance Premium

Everything About Claim Settlement Ratio for Term Insurance

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

Insurance Policy for Housewife In India

Term Plan with Spouse Cover

10-Year Term Life Insurance Policy - Explained in Detail

How Does Term Life Insurance Work? Learn the Benefits

Why Buy Term Insurance Plan With a High Cover?

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

Why Buy Term Insurance Even at Rising Rates?

Term Plans are Definitely Cheaper than You Think!

Term Insurance With Riders In India

How To Evaluate Your Term Insurance Quote?

Endowment Plans vs Term Plans: Understanding the difference

9 Point Guide on how to File Income Tax Return Online

What Happens if you Hide Facts in your Term Insurance?

Term Life Insurance Vs Money Back Life Insurance

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