Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak Fortune Maximiser

Create wealth through bonus payout from 1st policy year

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family.

Kotak Guaranteed Fortune Builder

A plan that offers guaranteed income for your future goals.

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.

Section 80D - Medical and Health Insurance Tax Benefits Under Section 80D

Section 80D of the Income Tax Act 1961 can help you save money while staying protected through health insurance.

  • 166,658 Views | Updated on: May 05, 2025

हिंदी में पढ़ें

What is Section 80D?

Section 80D of Income Tax Act 1961 allows you to save on taxes by claiming deductions on the health insurance premiums you pay. This section not only covers health insurance premiums for you but also for your spouse, children, and even parents. If you or any insured family member is 60 years or older, this amount goes up to ₹50,000.

If you pay for your parent’s health insurance, you can claim another ₹25,000 or ₹50,000 if they are senior citizens. Plus, you can also claim ₹5,000 for preventive health check-ups for your family every year. So, in total, your savings can be significant! The best part? This deduction is on top of the ₹1,50,000 limit allowed under Section 80C, giving you even more tax-saving opportunities!

It is also helpful for Hindu Undivided Families (HUFs), allowing them to claim medical insurance premiums tax deductible as well.

Who is Eligible for Deduction Under Section 80D?

Wondering if you qualify for this deduction? The answer is simple. Any individual or a HUF/ Hindu Undivided Family who pays for health insurance premiums can claim deductions under Section 80D. This applies to premiums paid for:

  • Yourself
  • Your spouse
  • Your dependent children
  • Your parents (even if they are not financially dependent on you)

Now that you know who is eligible, let us explore what deductions are allowed under this section.

What Deductions are Allowed Under Section 80D?

Under Section 80D, you can claim tax deductions for different types of payments related to health insurance and medical expenses:

Health Insurance Premiums

You can claim deductions for the health insurance premium you pay for yourself, your spouse, your children, and your parents. This is the most common deduction under Section 80D.

Preventive Health Check-ups

If you spend money on preventive health check-ups (for example, regular doctor visits to make sure everything is okay), you can also claim a deduction for that.

Medical Expenses for Senior Citizens

If your parents or elderly family members (above 60 years old) do not have health insurance, you can still claim deductions for the money you spend on their medical treatment.

Government Health Insurance Schemes

Contributions you make towards certain government-backed health insurance schemes are also eligible for deductions under Section 80D.

How Much Tax Deduction Is Allowed Under Section 80D?

The amount you can claim as a deduction depends on who you are buying health insurance for and their age.

  • For yourself, spouse, and children: You can claim up to ₹25,000 if none of you are senior citizens.
  • For parents: If your parents are under 60, you can claim an additional ₹25,000. However, if they are senior citizens (60 years or above), this amount goes up to ₹50,000.

For example, imagine Ramesh, a 45-year-old, purchases health insurance and pays an annual premium of ₹28,000. According to Section 80D, since Ramesh is under 60, he can claim a tax deduction of only ₹25,000. The extra ₹3,000 he spent will not be eligible for deduction under this section.

On the other hand, Ramesh’s mother, who is 63 years old, has a health insurance policy with a premium of ₹55,000. Because she is a senior citizen, she can claim a tax deduction of ₹50,000 under Section 80D. The remaining ₹5,000 of her premium will not be eligible for a deduction.

The same limits apply to Non-Resident Indians (NRIs). If an NRI is under 60, they can claim a deduction of up to ₹25,000 for health insurance premiums paid in a financial year. If they are 60 years or older, they can claim up to ₹50,000.

Deduction Available Under Section 80D

Under Section 80D, you can claim deductions based on the health insurance premiums you pay for yourself, your family, and your parents. The amount you can save on taxes depends on the age of the insured individuals. Here is a quick summary of the deductions allowed under this section of the Income Tax Act 1961:

Covered Individuals Premiums Paid for Self, Family & Children (₹) Premium Paid for Parents (₹) Total Tax Exemption u/s 80D (₹)
Individuals and parents < 60 years 25,000 25,000 50,000
Individual and family < 60 years, but parents > 60 years 25,000 50,000 75,000
Individual, family, and parents > 60 years 50,000 50,000 1,00,000
Members of HUF and NRIs < 60 years 25,000 25,000 25,000
Members of HUF and NRIs > 60 years 50,000 50,000 50,000

Deductions as per Section 80D: Medical Expenditure Deduction

80D deductions are connected with medical insurance policies for individuals and families. These deductions are mentioned as follows:

  • If you pay insurance premiums for yourself, your spouse, and your kids, you can claim a maximum tax deduction of ₹25,000 per annum. For senior citizens, the limit is ₹50,000 a year.
  • If you pay health insurance premiums for your parents, you can claim a maximum tax benefit of ₹25,000 per year if your parents are under 60. However, if your parents are senior citizens, you can claim a tax benefit of up to ₹50,000 per year.

Preventive Health Check-up Deductions Under Section 80D

Preventive health check-ups are regular medical exams that help catch illnesses early and reduce the chances of more serious health problems. The government, understanding the importance of these check-ups, introduced tax deductions for them in FY 2013-14. This was done to encourage people to take better care of their health by getting these preventive health check-ups.

According to Section 80D, you can claim a tax deduction of up to ₹5,000 per year for expenses related to preventive health check-ups. But there is a catch! This ₹5,000 deduction is not extra but a part of the overall Section 80D maximum limit.

Let us simplify this with an example. Meet Priya, who is 40 years old. She has a family consisting of her husband (42), two children (ages 12 and 8), and her parents (ages 65 and 63). Priya has spent money on health insurance and preventive health check-ups for her entire family this year. Here is a breakdown of what Priya paid:

  • Health insurance premium for herself, her husband, and her kids: ₹30,000
  • Health insurance premium for her senior citizen parents: ₹40,000
  • Preventive health check-up for herself and her family: ₹10,000
  • Preventive health check-up for her senior citizen parents: ₹7,000

Let us now see how much of the tax deduction Priya can claim under Section 80D.

Expenses Actual Expense Maximum Deduction Under 80D Total Deduction Allowed
Health Insurance Premium for Self, Spouse, Children ₹30,000 ₹25,000 ₹25,000
Preventive Health Check-up for Self, Spouse, Children ₹15,000 ₹5,000 ₹5,000
Total Expense for Self, Spouse, Children ₹45,000 ₹25,000 ₹25,000
Health Insurance Premium for Senior Citizen Parents ₹47,000 ₹50,000 ₹47,000
Preventive Health Check-up for Senior Citizens ₹10,000 ₹5,000 ₹3,000
Total for Parents (Senior Citizens) ₹57,000 ₹50,000 ₹50,000
Total Deduction Available ₹75,000

In this case, even though Priya spent ₹1,02,000 in total, she can only claim ₹75,000 as tax deductions under Section 80D for the financial year.

Mode of Payments Eligible for Section 80D Deductions

When claiming tax benefits under Section 80D, it’s essential to know how to make payments to qualify for deductions. Not every payment method is eligible, so understanding the acceptable modes can help you avoid any mistakes. Here’s a table that simplifies which payment modes are accepted for different expenses under this section:

Expense Modes of Payment Allowed
Health Insurance Premiums Debit card, credit card, net banking, cheque, UPI – No cash
Preventive Health Check-ups All modes of payment (including cash, debit/credit card, UPI)

Note that you cannot pay for health insurance premiums in cash if you want to claim deductions. However, preventive health check-ups are more flexible and allow various payment methods. Always ensure you use the right payment method to maximize your deductions under Section 80D.

Tax Benefits Under Section 80D of the Income Tax Act, 1961

Section 80D tax benefit allows individuals and Hindu Undivided Families (HUF) to deduct certain expenses from taxable income. You can deduct the cost of your health insurance tax benefit 80D premium and the cost of your own, your spouse’s, your children’s, and your parents’ annual preventative health exams. Here are some details about tax benefits under section 80D deductions:

Deductions on Preventive Health Care Check-ups

You will be eligible for a tax deduction under Section 80D if you get annual health check-ups. You can claim up to ₹5,000 annually for preventive health check-ups for yourself, your spouse, children, and your parents.

Deduction on Health Insurance Premium Payments for Parents

The premiums paid on a mediclaim insurance 80D policy for parents/guardians are qualified to deduce up to ₹25,000 per financial year. If your mother/father/guardian is a senior citizen, the maximum limit for 80D deduction for senior citizens goes up to ₹50,000 a year. The limit will additionally include ₹7000 for the expenses incurred through annual health check-ups.

Individuals who are super-senior citizens (80 years or above) and do not have an insurance policy can avail of a tax deduction of up to ₹50,000 every financial year for annual medical check-ups and hospital treatments. However, the tax exemption is not for their expenses.

No Tax Benefit on Cash Payment

A prerequisite for getting tax benefits through these insurance policies is making premium payments through a cheque, draft, credit or debit card, online banking, etc. A tax benefit is not accessible for premium payments made in cash. The only exception for 80D tax exemption on cash payments is that preventive health check-ups can be paid through cash.

Example for 80D Deductions

Here is a simple example to understand 80D deductions better. Rohan is 45 years old, and his father is 75. Rohan has taken out medical insurance for himself and his father, paying ₹30,000 and ₹35,000 in premiums, respectively. What is the max deduction under 80D that he can claim? Let us understand:

  • Rohan can claim ₹25,000 for the premium he paid on his coverage (since ₹25,00 is the limit for individual claims).
  • For his father, he can claim ₹35,000 from his father’s senior citizen insurance policy (within the limit of ₹50,000 for senior citizens).

As a result, his total 80D deduction will be ₹60,000 for the year, helping him save big on taxes.

Section 80D Deduction Limit

Section 80D allows a deduction of up to ₹25,000/ ₹50,000 for health insurance premiums and preventive health check-ups for self, spouse, children, and parents.

The premiums for the health riders on a term insurance policy purchased by a policyholder can be deducted under Section 80D. Still, the remaining payment must be deducted under other provisions of the Income Tax Act. Have a look at the limits of deduction under this section for different scenarios:

  • For self and family: ₹25,000 tax deduction + ₹5,000 health check-up, which sums up to ₹30,000.
  • For self, family, and parents: ₹50,000 tax deduction + ₹5,000 health check-up exemption, which sums up to ₹55,000
  • For self, family, and senior citizen parents: ₹75,000 tax deduction + ₹5,000 health check-up exemption, which takes the total tax deduction to ₹80,000
  • For self (senior citizen), family, and senior citizen parents: ₹1,00,000 tax deduction + ₹5,000 health check-up exemption, which increases the deduction amount to ₹1,05,000

In addition, you cannot claim a deduction under Section 80D if:

  • Cash is used to pay the health insurance premium. Cash can be used to cover medical expenses.
  • If payment is made on behalf of a working child, sibling, grandmother, or another family.
  • The employer paid the employee’s group health insurance premium.

Section 80D Deductions for Multi-Year Health Insurance Premiums

When a taxpayer pays a multi-year health insurance premium, the deduction under Section 80D is allowed proportionately over the years for which the policy is taken. For example, if a health insurance policy is purchased for three years and a lump sum premium of ₹30,000 is paid, the taxpayer can claim a deduction of ₹10,000 per year for three years. This approach ensures that the deduction benefits are spread out over the policy’s duration.

Deduction for Medical Expenses of Senior Citizens Under Section 80D

Section 80D also provides for the deduction of medical expenses incurred for senior citizens (aged 60 years or above) who are not covered by any health insurance. This is particularly beneficial for senior citizens who may find obtaining health insurance challenging due to age or pre-existing conditions. The deduction for such medical expenses is ₹50,000 per financial year. This limit includes any premiums paid for health insurance and the medical expenses incurred.

Deduction Under Section 80DD: Treatment of a Dependent with Disability

Section 80DD allows for deductions related to the treatment and maintenance of a dependent with a disability. This includes expenses incurred for medical treatment, training, and rehabilitation of a dependent (such as a spouse, children, parents, or siblings) who has a disability. The deduction limits are as follows:

    • ₹75,000 per year for dependents with a disability (40% or more but less than 80%). • ₹1,25,000 annually for dependents with a severe disability (80% or more).

This deduction can be claimed if the taxpayer has incurred expenses or made deposits in specified schemes to maintain the disabled dependent.

Deduction Under Section 80DDB Treatment of Specified Illnesses

Section 80DDB provides deductions for expenses incurred on treating specified illnesses for self or dependents (spouse, children, parents, and siblings). Some of the specified illnesses include cancer, chronic renal failure, hemophilia, and AIDS. The deduction limits are:

  • ₹40,000 per year for individuals below 60 years
  • ₹1,00,000 per year for senior citizens (60 years and above)

A prescription from a specialist doctor working in a government hospital is necessary to claim this deduction.

Critical Illness Coverage Under Section 80D

Critical illness insurance covers severe and life-threatening diseases like cancer, heart attack, stroke, and organ failure. The premium paid for critical illness insurance policies is also eligible for deduction under Section 80D. The same deduction limits apply as for regular health insurance:

  • Up to ₹25,000 per year for individuals and families
  • Up to ₹50,000 per year for senior citizens

This deduction is part of the overall limit under Section 80D, and there is no additional limit for critical illness policies.

Difference Between Section 80D and Section 80C

The Income Tax Act 1961 consists of various sections that benefit individuals with tax savings and the government with making revenue for the country’s development. Section 80D and 80C are two of the most important sections of the Income Tax Act. Take a look at the table below to know the difference between these two sections.

What are the Exclusions Under Section 80D?

Exclusions are an important part of Section 80D, where exceptional circumstances are placed. These include the following:

  • If you are making payments on behalf of your grandparents, siblings, or working children, you cannot avail of the tax benefits. This applies to any other relative not explicitly covered under your policy.
  • You will not be eligible for health insurance tax benefits if you make health insurance premium payments through cash. However, preventive health benefits can be availed even with cash payments.
  • If the company makes a group health insurance premium payment on the employee’s behalf (non-contributory), it will not be eligible for tax exemption. However, if taxpayers make extra premium payments to improve the group coverage (contributory), they can claim tax benefits for the additional amount they paid.
  • You will not be liable to receive any tax benefits on GST and cess charges levied on premium payments.

Income Tax Exemption Under Section 80DDB

Section 80DDB includes income tax deductions for specific disorders for individuals and members of HUF. This section states that medical expenses for treating a particular sickness or ailment borne by an individual or a member of HUF are eligible for a deduction under Section 80DDB, subject to the stipulations and cap set forth. This means that any Section 80D medical expenditures paid towards medical treatment or maintenance of health due to any specific disorder are applicable for the deduction.

When discussing medical costs, it is important not to mistake them with the premiums for health insurance policies that cover the specific diseases or afflictions being discussed. In addition, the age of the person for whom the medical expense/treatment is incurred determines the amount that may be claimed as a deduction under section 80DDB.

The deduction amount is limited to the actual amount spent or ₹40,000, whichever is less when medical treatment costs are incurred for an individual, his dependent, or a member of a HUF. However, this deduction amount is ₹1,00,000 or the actual amount, whichever is less for senior (60 or above) and super senior (80 and above) citizens.

How to Buy Medical Insurance for Maximum Benefits?

It is important to have medical insurance to protect yourself during health emergencies. Medical emergencies can drain your savings and lead you to a situation where continuing medical treatment can become difficult. To avoid such situations, you should purchase a health plan to protect your savings and support you during medical emergencies. Take a look at some important points to consider before buying medical insurance:

Look for the Right Coverage

Select a health plan that offers advantages like pre- and post-hospitalization, childcare costs, transportation, and coverage for diseases you may be more susceptible to. It should be based on your family’s medical history and protect you against various medical issues. When purchasing health insurance for your family, ensure each plan member is catered to. Choose a plan that meets your needs, consider your requirements, evaluate plans based on benefits and pricing, and exercise some due diligence.

Keep it Affordable

While getting a health plan that fulfills your demands is critical, it is also crucial to fit within your budget. When purchasing health insurance, a person’s budget is a crucial consideration. However, you should consider the plan’s benefits before considering how much it would cost. Purchasing a health insurance plan at an affordable initial cost can help ensure adequate protection while keeping the premiums manageable. With changing income, family size, and needs, you can review your plan and extend coverage as necessary.

Prefer Family over Individual Health Plans

Individual plans are good for people who do not have a family to support. However, if you are buying health insurance keeping your family in mind, purchase a family health plan to enjoy maximum benefits at a more affordable price.

Choose a Plan with Lifetime Renewability

Make it important to ask how long the plan will cover you when you purchase a health plan and whether it offers restricted renewability. Why? Since your need for a health plan will be greater as you age.

Compare Quotes Online

You can compare health insurance plans online to ensure you buy one that satisfies your needs. You may also “get a quotation” online, which involves providing your details to get a ballpark figure for the cost of your coverage. Choose the finest quotes, compare them, and make a selection.

Network Hospital Coverage

Check to see if your favorite hospitals and medical professionals are part of the hospital network of the health plans you have chosen. You can select from 5,000+ network hospitals to receive rapid, convenient, and cashless claims settlement.

Wrapping it Up

Health insurance offers financial protection during medical emergencies and promotes a healthier lifestyle by encouraging regular health check-ups. It aligns with the government’s objective of providing healthcare access to all and reducing healthcare costs. Understanding the nuances of Section 80D empowers you to make informed decisions while choosing health insurance plans and maximizing your tax savings. Whether you are an individual or part of a HUF, you can benefit from these Section 80D exemptions by investing in comprehensive health coverage.

Key Takeaways

  • Section 80D of the Income Tax Act allows tax deductions on health insurance premiums paid for yourself, your family, and your parents.
  • Investments covered under Section 80D include health insurance premiums, preventive health check-ups, and health-based riders, which promote preventive healthcare and make health coverage more affordable.
  • Deduction limits under this section vary based on the insured individual’s age, providing higher tax benefits for senior citizens and their parents.
  • It offers deductions for preventive health check-ups, encouraging individuals to stay proactive about their health and well-being.
  • Cash payments for health insurance premiums are not eligible for tax benefits except for preventive health check-ups.

FAQs on 80D Deductions


1

What are the additional 80D deductions?

You can claim an additional 80D income tax deduction of ₹5,000 for the expenses associated with health check-ups. This includes all expenses for a check-up of the entire family.

2

Can you make a cash payment for the premium paid for deductions?

You cannot pay cash for a premium and claim the full tax deduction. There are a few exceptions, but in most cases, the payment method for claiming a deduction on a premium depends on the specific tax deduction you are referring to.

3

Is it possible to claim a deduction on the premium paid for your independent children?

Deductions can only be claimed if you pay the premium for dependent children.

4

Can you claim a deduction if your spouse and parents are not dependent on you?

Yes, you can claim deductions even when your parents and spouse are independent.

5

Can you claim a deduction on the service tax paid on the insurance premium?

You cannot claim a deduction on the service tax amount because it is paid in addition to the premium and is collected by agencies.

6

Is it possible to claim deductions for health check-ups of dependents in your family?

Yes, you can claim a health check-up deduction of up to ₹5,000 inclusive of all the dependents in your family. However, this facility is not available separately for every individual family member.

7

What is the deduction limit under Section 80D of the Income Tax Act, 1961?

The breakdown of the deduction limits is as follows:

  • Individuals (below 60 years old) with spouses and dependent children will receive a yearly deduction of up to ₹25,000.
  • Individuals (over 60 years old) with spouses and dependent children will receive a deduction of up to ₹50,000 every year.
  • Individuals buying a separate policy for their dependent parents can claim an additional ₹25,000 if both parents are under 60.
  • If one of the parents is a senior citizen (above 60 years of age), the individual can claim up to ₹50,000 as a tax deduction.
  • Hindu Undivided Family (HUFs) can claim up to ₹25,000 every year and an additional ₹25,000 for a separate senior citizen policy.
  • Individuals can claim ₹5,000 (below 60 years) or ₹7,000 (above 60 years) as Preventive Health Check-ups, subject to the total deduction falling under the above-mentioned limits.

8

How much tax exemption can be availed under 80D?

The Indian Income Tax Act lays down the various deductions against the premium paid for health coverage under Section 80D. To get a better idea about the exemptions you can avail yourself of under this section, you can refer to the following:

  • An individual or an individual with family (spouse and dependent children) can avail of a deduction of ₹25,000 per annum if the primary policyholder is under 60 and ₹50,000 per annum if the primary policyholder is over 60.
  • Individuals can also claim tax deductions on the policy premiums paid towards the health insurance of their dependent parents. If the parents are under 60, the applicable deduction is ₹25,000 per annum. However, if the parents are above 60, the maximum deduction under 80D is ₹50,000 per annum.
  • HUFs (Hindu Undivided Family) can also claim tax deductions up to ₹25,000 per annum and an additional ₹25,000 for a separate policy for the dependent parents.
  • NRIs get a tax deduction of ₹25,000 for their health insurance and an additional ₹25,000 for their parents’ health coverage.

Thus, a resident Indian can claim up to ₹1,00,000 as a tax deduction per annum (both individuals and parents are senior citizens) for the premiums paid against health insurance coverage. These limits include the exemption for annual health check-ups ₹5000 for individuals and families and ₹7000 for senior citizens.

9

Can I avail of tax benefits for more than one health insurance policy?

Yes, you can avail tax exemptions for multiple health insurance policies. You must ensure that you meet all eligibility conditions and that premium payments for all insurance policies are current. If the claim amount is more extensive than the sum insured under the policy on which you made the first claim, you can claim the balance from the second policy. You must keep this in mind when filing under multiple policies.

10

How to fill 80D in Income Tax Return?

Claiming your tax deduction under the Income Tax Act is now easy with the ‘Prepare and Submit Online’ option. To fill 80D in ITR, you only have to keep your documents handy and follow some easy steps:

  • Visit the ITR e-filing portal and log in
  • Under the e-file menu, go to the Income Tax Return link
  • Select the Assessment Year, ITR Form Number, and Filing Type
  • Under the Submission Mode, opt for ‘Prepare and Submit Online’
  • Read the instructions carefully and fill out all the form fields
  • Choose the appropriate Verification option in the ‘Taxes Paid and Verification’ tab

11

Can medical bills be claimed under 80D?

Yes, medical bills can be claimed under 80D. The policyholder can avoid paying taxes by deducting the cost of medical insurance for themselves, their spouses, and their dependent parents from their income. To be eligible to submit the medical expense claim, the person must be at least 60 years old.

12

What can be claimed under 80D?

A person may deduct the cost of their health insurance premiums and the cost of their own, their spouse’s, their dependent children’s, and their parents’ annual preventative health exams. The terms and conditions outlined in Section 80D of the Income Tax Act 1961 apply to this.

13

How much is the rebate under section 80D?

If both the policyholder and family contain senior citizens, a deduction of up to ₹1,00,000 can be made on the cost of health insurance premiums. However, this rebate under Section 80D is subject to change depending on the following circumstances:

  • When a policyholder (under 60) applies a policy for themselves, their spouse, and their children, the deduction cap is set at ₹25,000.
  • The maximum limit is raised to ₹50,000 when the policyholder is over 60 and has chosen only self, spouse, and children.
  • When a policyholder under 60 adds parents’ health insurance to self, spouse, and children, the maximum limit is ₹50,000 if both parents are under 60.
  • The cap is increased to ₹1,00,000 if policyholders and parents are above 60 years of age, with a component of ₹50,000 set aside for parents.

14

Can HUFs get tax exemptions under Section 80D?

Hindu Undivided Families (HUFs) can claim tax exemptions under Section 80D of the Income Tax Act for premiums paid on health insurance policies. The exemption limit is ₹25,000 per financial year, increasing to ₹50,000 if the insured member is a senior citizen.

Amit Raje
Written By :
Amit Raje

Amit Raje is an experienced marketer who has worked in various Fintechs and leading Financial companies in India. With focused experience in Digital, Amit has pioneered multiple digital commerce in India. Now, close to two decades later, he is the vice president and head of the D2C business department. He masters the skill of strategic management, also being certified in it from IIMA. He has challenged his challenges and contributed his efforts in this journey of digital transformation.

Amit Raje
Reviewed By :
Prasad Pimple

Prasad Pimple has a decade-long experience in the Life insurance sector and as EVP, Kotak Life heads Digital Business. He is responsible for developing user friendly product journeys, creating consumer awareness and helping consumers in identifying need for life insurance solutions. He has 20+ years of experience in creating and building business verticals across Insurance, Telecom and Banking sectors

Kotak Guaranteed Fortune Builder

Download Brochure

Pay 10,000/month for 10 years, Get 1,65,805/Year* for next 15 years.

  • Guaranteed@ Income Benefit for upto 25 years
  • Flexibility to choose income period
  • Premium break for females on child birth or any listed specific illnesses
  • Life cover for the premium payment period
  • Enhance your life cover with rider offerings

ARN. No. KLI/23-24/E-BB/1201

T&C

Download Brochure

Features

  • Increasing Life Cover*
  • Guaranteed^ Maturity Benefits
  • Enhanced Protection Through Riders
  • Tax Benefits
  • Dual Benefits: Guaranteed^Maturity + Death benefits

Ref. No. KLI/22-23/E-BB/999

T&C

Maximize Your Savings
Kotak Guaranteed Fortune Builder Kotak Guaranteed Fortune Builder

Kotak Guaranteed Fortune Builder

Guaranteed Income for bright financial future

Invest Now
Kotak Assured Savings Plan Kotak Assured Savings Plan

Kotak Assured Savings Plan

Guaranteed Lumpsum returns for achieving life goals

Invest Now

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.

Start saving today and enjoy guaranteed returns with our Savings Plans!