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Kotak e-Invest
Insurance and Investment in one plan.
Kotak e-Term
Protect your family's financial future.
Kotak Guaranteed Fortune Builder
A plan that offers guaranteed income for your future goals.
Kotak T.U.L.I.P
A plan that works like a term plan, and Earns like ULIP Plan.
Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Assured Pension
A plan that offers immediate or deferred stream of income
Kotak Lifetime Income Plan
Retirement years are the golden years of life.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and life cover.
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A Non-Linked Non-Par Individual Pure Protection Life Insurance Plan
Life is uncertain. Unfortunate events like an untimely death of the breadwinner can put a family at a great risk of being financially insecure. Kotak Term Plan is a pure risk cover plan and an economical means of providing high level of financial protection. In this plan, the Sum Assured is paid to the beneficiary as a lump sum in case of the unfortunate death of the life insured. As a result, the family of life insured is financially well cushioned even if the life insured is no longer around to provide.
Get a high level of protection at a nominal cost. The plan further provides preferential rates for female lives.
Whether you prefer a single premium payment mode or wish to pay regularly over years, we have the right solution for you. If you opt for the regular mode, you still have the choice of paying yearly, halfyearly, quarterly or monthly. You get a high level of flexibility in paying premiums.
Flexibility to convert Kotak Term Plan to a policy of any other plan* offered by Kotak Life Insurance (except for another term plan) before the last 5 years of the policy term to suit your needs. *Subject to the product specific conditions.
Age Criteria
Entry age – Minimum: 18 years | Max: 65 years
Maturity age – Max: 70 years
Policy Term
Policy Term: 5 to 30 years
Sum Assured
Minimum: Rs. 3,00,000
Maximum: Rs. 24,99,999
Premium
Min: Regular Pay: Rs. 1,068
Single Pay: Rs. 3,060
Max: Based on Sum Assured, Policy Term, Gender & Premium Payment Option
Premium Payment Details
Premium Payment Term (PPT): Regular Pay: Equal to Policy Term | Single Pay: Single payment
Premium Payment Option: Regular and Single pay
Premium Paying Mode: Single, Yearly, Half- yearly, Quarterly, Monthly
Modal Factor (% of annual premium)
The following modal loading will be used to calculate the installment Premium
Yearly – 100%, Half-yearly – 51%, Quarterly– 26%, Monthly– 8.8%
The Rider Sum Assured shall be payable on admission of a claim on any one of the 37 covered critical illness, subject to terms and conditions.
Lump sum benefit paid upon accidental death.
Payout in installments upon admission on becoming disabled due to accident.
Call our toll free number and our representative will help you buy the most suitable term insurance plan.
Say "Hi" to 93210 03007
You may avail of tax benefits under Section 80C and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.
Terms & Conditions:
Kotak Term Plan UIN No.: 107N005V06, Form No. N005, Kotak Accidental Death Benefit Rider - UIN: 107B001V03, Form No: B001, Kotak Permanent Disability Benefit Rider - UIN: 107B002V03, Form No: B002, Kotak Critical Illness Plus Benefit Rider UIN: 107B020V01, Form No. B020. Ref. No.: KLI/23-24/E-EM/465.
This is a non-linked non-par individual pure protection life insurance plan. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure.
Regd. Office:
Kotak 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://kotaklife.com
WhatsApp: 9321003007
BEWARE 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 complaint.
Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license
You may avail of tax benefits under Section 80C and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. Customer is advised to take an independent view from tax consultant.
Know moreKotak e-Term Plan is a pure term insurance plan that provides a holistic life protection at affordable prices. Find out the eligibility criteria, key features, plan options & pay-out options of Kotak e-Term Plan online today!
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