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Kotak e-Term Plan

Kotak e-Term Plan provides a high level of protection to your loved ones in your absence. Know more

Kotak Guaranteed Savings Plan

Kotak Guaranteed Savings Plan is a savings and protection plan that helps you achieve long-term financial goals and provides an insurance cover against any eventuality. Know more

Kotak E-Invest

Kotak e-Invest plan is a complete Unit-Linked Insurance Plan that can be customized as per your goals and needs. Know more

Kotak Health Shield

Kotak Health Shield Plan helps secure your finances in sudden medical expenses such as Cardiac, Liver, Neuro, and Cancer (all early and significant illness stages/conditions of cancer), along with offering protection for personal accidents - in case of accidental death or disability. Know more

Kotak Lifetime Income Plan

Kotak Lifetime Income Plan gives you the security of your income continuing throughout your life and in your absence throughout your spouse's lifetime! Know more

Why do I Need Life Insurance?

Why do I Need Life Insurance?
  • 14th Sep 2016 |
  • 6,856

Do you really need Life Insurance?

Risks and uncertainties are an unavoidable part of life - death, accident and illnesses are built into the basics of life itself. When these uncertainties strike, they may leave behind a trail of struggles, worries and insecurities for those who matter the most to you. Apart from the emotional aspects, a lot of these insecurities may stem from the financial burden and similar commitments.

Life insurance can help you stand strong at such moments. With life insurance, an event like death can financially empower your family, in your absence. Not only does it financially secure your family in the event something unfortunate happening to you, but it also helps:

Earn returns on your investments

Plan your retirement

Save for a specific goal in life

Plan for your children’s education

It is not just death that can throw your family into a whirlwind of financial troubles but also any reason that affects your ability to earn and provide for them financially. In these cases, Riders can provide security in the event of mishaps like disability and critical illnesses. Thus, you can enhance your life insurance plan by adding riders to it.

Hence, life insurance can be a good solution to provide you and your family a prosperous and financially secure life.

Kotak e-Term Plan


  • Nominal Cost
  • Multiple Plan Options
  • Flexible Payout Options
  • Critical Illness Rider
  • Tax Savings
  • Long term Coverage

Ref. No. KLI/22-23/E-BB/492


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