Term Insurance Protection Plan (Kotak Saral Jeevan Bima)

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

Protect Your family’s financial future with Kotak e-Term Plan. 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 Health Shield

Insurance against medical expenses related to heart, brain, liver and Cancer. Know more

Kotak Saral Jeevan Bima

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.

Key Features

  • Hassle free life insurance cover

    Pure risk cover plan that pays lump sum in case of the life assured’s demise.

  • Long term coverage

    Coverage available till age 70 years of age (Except for POSPs/CPSC Channel where coverage is till 65 Years)

  • Choice of Premium Payment Term

    You get to choose how you want to pay your premiums – Regular /Limited /Single Pay as per your convenience

  • Special premium rates for female

    The plan further provides preferential rates for female lives


  • Age Criteria
    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)
    regular pay 5 40
    Single Pay 5
    5 Year Limited Pay 6
    10 Year Limited Pay 11
  • Premium Payment Term Minimum PPT (years) Maximum PPT (years)
    Regular Pay 5 40
    5 year Limited Pay 5 5
    Single Pay 1 1
    10 year Limited Pay 10 10
  • Premium Payment Option

    Regular, Limited and Single Pay

  • Premium Payment Mode

    Single, Yearly, Half-Yearly, and Monthly*

  • Premium

    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 Premium:

    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

    Maximum Premium

    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.

Need help with life insurance?

Request a Life Advisor

Select Plan
Select City

Get details of your policy on WhatsApp

Send a "Hi" to 93210 03007, from your registered mobile number.

Get in touch with our Customer Care team

Click Here

Call on retail toll free number 1800 209 8800 - 10:00 AM to 6:00 PM (Monday to Saturday)

Call on toll free number for Group plans 1800 120 7856 - 10:00 AM to 6:00 PM (Monday to Friday)

Call our toll free number and our representatives will assist you with all your queries.

Get Answers to the commonly asked questions

Policy FAQs

Read about Tax benefits & Plan Disclaimer


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.

& Conditions:

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

Regd. Office:

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:


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

Similar plans

  • Kotak Term Plan

    Kotak Term Plan

    The Kotak Term Plan is a pure risk cover plan and an economical way of providing an adequate level of financial protection.

    Know more
  • Kotak e-Term

    Kotak e-Term Plan

    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