Kotak e-Term Plan
Protect Your family’s financial future with Kotak e-Term Plan.
Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and insurance in one premium.
Insurance and investment in one plan with Kotak e-Invest.
Kotak Health Shield
Insurance against medical expenses related to heart, brain, liver and Cancer.
A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan
Your well-being provides comfort, happiness and security to your family and you would want your family’s future to be secured at all times. Your presence provides them with an envelope of security at all times. Should your absence mean anything less? Presenting Kotak Saral Jeevan Bima – a pure risk cover plan that provides protection to your loved ones.
Pure risk cover plan that pays lump sum in case of the life assured’s demise.
Coverage available till age 70 years of age (Except for POSPs/CPSC Channel where coverage is till 65 Years)
You get to choose how you want to pay your premiums – Regular /Limited /Single Pay as per your convenience
The plan further provides preferential rates for female lives
Entry age (as on last birthday) – Minimum: 18 years | Max: 65 years^
Maturity age (as on last birthday) – Minimum: 23 years | Max: 70 years^
|Premium Payment Option||Minimum Policy Term(Years)||Maximum Policy Term(Years)|
|5 Year Limited Pay||6|
|10 Year Limited Pay||11|
|Premium Payment Term||Minimum PPT (years)||Maximum PPT (years)|
|5 year Limited Pay||5||5|
|10 year Limited Pay||10||10|
Premium Payment Option
Regular, Limited and Single Pay
Premium Payment Mode
Single, Yearly, Half-Yearly, and Monthly*
Premium shall vary based on the Age & Gender of the Life Insured along with PolicyTerm, Premium Payment Term and the Basic Sum Assured opted under the policy.
Minimum Annual Premiums (offline channel) with respect to Premium Payment Option for
healthy lives are as mentioned in the table below:
|Premium Payment Option||Basic Sum Assured||Minimum Annual Premium|
|Regular Pay||₹5,00,000||₹ 2,225|
|Single Pay||₹5,00,000||₹ 6,835|
|5 year Limited Pay||₹5,00,000||₹ 2,515|
|10 year Limited Pay||₹5,00,000||₹ 2,153|
|Premium Payment Option||Basic Sum Assured||Maximum Annual Premium|
|Regular Pay||₹25,00,000||₹ 96,550|
|5 year Limited Pay||₹25,00,000||₹ 1,38,300|
|10 year Limited Pay||₹25,00,000||₹ 75,500|
|Single Pay||₹25,00,000||₹ 4,89,100|
Maximum premium shall be subject to Board Approved Underwriting Policy
Basic Sum Assured
Minimum: ₹ 5,00,000
Max: ₹ 25,00,000
Basic Sum Assured would be allowed only in the multiple of ₹50,000
*Applicable under ECS / NACH only
^For Point of Sale Channel the Maximum Age at entry is 60 years and Maximum Maturity Age is 65 years.
Send a "Hi" to 93210 03007, from your registered mobile number.
Call our toll free number and our representatives will assist you with all your queries.
Benefits & Disclaimers
Tax benefits are subject to conditions specified as
per Income-tax Act, 1961. Tax laws are
subject to amendments from time to time. Customer is advised to take an
independent view from tax consultant. KLI/XXXXXXXXX.
Kotak Saral Jeevan Bima - UIN: 107N120V01, Form No: N120. This is a non-linked
non-participating individual pure risk premium life insurance plan. For more details on risk factors, terms and conditions, please read
sales brochure carefully before concluding a sale. KLI/20-21/E-WEB/1106
Mahindra Life Insurance Company Ltd.; Reg No. 107; CIN : U66030MH2000PLC128503; 8th
Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai – 400051 | Toll Free: 1800 209 8800 (8 am to 10 pm) | Website:
https://insurance.kotak.com | Email:
OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI is not involved in
activities like selling insurance policies, announcing bonus or investment of
premiums. Public receiving such phone calls are requested to lodge a police
The Kotak Term Plan is a pure risk cover plan and an economical way of providing an adequate level of financial protection.Know more
Get protected at less than Rs.19/day with Kotak e-Term Plan. Our term insurance plan combines best-in-class features & comprehensive coverage with high level of protection. Visit to know more!Know more