Kotak e-Term Plan
Kotak e-Term Plan provides a high level of protection to your loved ones in your absence.
Kotak E-Invest Plan
Kotak e-Invest plan is a complete Unit-Linked Insurance Plan that can be customized as per your goals and needs.
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.
Kotak Lifetime Income Plan
Kotak Lifetime Income Plan gives you the security of your income continuing thru your life and in your absence throughout your spouse's lifetime!
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.
Our representative will get in touch with you at the earliest.
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 representative will help you buy the most suitable plan.
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; 2nd
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