Kotak e-Term

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A Non-Linked Non-Participating Life Insurance Individual Pure Risk Premium Product Your family is your first priority. You strive to provide comfort, happiness, and security to your family and you would want your family’s future to be secured at all times. Even when you are not around you want to ensure you have secured their financial future. Kotak e-Term has been specially designed to let you give that assurance to your family.

Kotak e-Term is a pure risk cover term plan that is truly an economical means of providing you with a high level of protection. It offers special premium rates to non-tobacco users and women. You can also choose additional cover through optional riders available along with the plan, thereby, ensuring a complete cover against the unfortunate eventualities.

Key Features

Low Cost Insurance
Offers the benefit of high cover at economical prices

Multiple Plan Options

Choose between Life, Life Plus or Life Secure Option to ensure you have an ideal cover to secure your family.

Life Option	Life Plus Option	Life Secure Option
100% of Sum Assured on death shall be payable	Benefit under Life Option PLUS Accidental Death Benefit sub. To 1 crore	Benefit under Life Option PLUS Waiver of Premium in case Life Insured becomes Totally & Permanently Disabled

Three Payout Options

Choose between Immediate, Level Recurring or Increasing Recurring Payout basis your family’s requirement.

Immediate Payout	Level Recurring Payout	Increasing Recurring Payout
100% of Sum Assured on Death payable as lump-sum	10% of Sum Assured on Death payable as lump-sum PLUS 6% of Sum Assured on Death payable every year for 15 years	10% of Sum Assured on Death payable as lump-sum PLUS Increasing Payout every year by 10% p.a for 15 years starting with 6% of Sum Assured on Death

Step Up /Down Options
Increase or decrease your life cover basis on various life stages**
Customize Protection With Riders
Enhance your coverage with Kotak Critical Illness Plus Benefit Rider or /and Kotak Permanent Disability Benefit Rider
Option to Exit at Age 60 years
Get your total premiums back at age 60 through Special Exit Value
Inbuilt Wellness Benefits without any additional premium
1. Telemedicine Consultation
2. Personal Medical Care
3. Lifestyle Management Programs
4. Emergency Response
5. Home Health Care
6. Pharmacy Access
7. Free Medical Checkup every 5 years
These services can be accessed through the Wellbeing App.

Eligibility

Age Criteria

Entry Age:
- Minimum: 18 years
- Maximum:
- 65 years (Except for Limited Pay - “Pay till 60 Years”)
- 50 Years (For Limited Pay - “Pay till 60 Years”)
Maturity Age (as on last birthday)
- Minimum: 23 years
- Maximum:
- 85 years (for Life & Life Secure Option)
- 75 years (for Life Plus Option)
Premium Payment Option

Regular, Limited and Single Pay
Premium Payment Mode

Single, Yearly, Half-Yearly^@, Quarterly^@ and Monthly

(^@Half Yearly and Quarterly mode shall not be available for Online Channel)
Basic Sum Assured
- Minimum: Rs 25,00,000 (for Regular Pay, Single Pay & Pay till 60) Rs. 1 Cr (for 5 Pay, 7 Pay, 10 Pay, 15 Pay)
- Maximum: No limit, subject to Underwriting Policy

Additional Protection with Optional Riders

Kotak Critical Illness Plus Benefit Rider
Rider sum assured shall be payable in case the policyholder is diagnosed with any one of the 37 critical illnesses (subject to terms and conditions)
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Kotak Permanent Disability Benefit Rider***
In case the life insured is totally and permanently disabled due to accident during the policy term, 120% of the Rider Sum Assured shall be payable over 5 years, while the base plan continues for the remaining policy term
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Download the brochure to know more about the term plan and how it can benefit you.

Need help for paying premium?

Call on toll free number 1800 209 8800(8:00 am to 10:00pm)

Call our toll free number and our representative will help you buy the most suitable term insurance plan.

Get details of your policy on our WhatsApp

Say "Hi" to 93210 03007

Get in touch with our Customer Care team

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Read about Tax benefits & Plan Disclaimer

Tax Benefits & Disclaimers

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.

Disclaimer:

**Step Up is only applicable for Regular Premium paying policy. Step Up is not applicable for Online Channel. Step Down can only be done once during the policy term and can be exercised only if Step Up option has not been chosen or if chosen but not exercised.

***Kotak Permanent Disability Rider is not applicable for Online Channel and cannot be opted under the plan if the policyholder has opted for Life Secure option.

~7 and 15 Pay shall not be available for Online Channel

Terms & Conditions:

Kotak e-Term Plan; UIN No.: 107N129V01, Form No. N129, Kotak Critical Illness Plus Benefit Rider UIN No.: 107B020V01, Form No.: B020, Kotak Permanent Disability Benefit Rider UIN No.: 107B002V03, Form No: B002. Ref. No.: KLI/22-23/E-WEB/2336

This is a non-participating, pure protection 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.

Kotak Mahindra Life Insurance Company Ltd.

Regd. Office:

Reg No. 107; CIN : U66030MH2000PLC128503; Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai – 400051 | Website: https://www.kotaklife.com; WhatsApp: 9321003007 | Toll Free: 1800 209 8800

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. under license.

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.

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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 more

Kotak e-Term

Key Features

Low Cost Insurance

Multiple Plan Options

Three Payout Options

Step Up /Down Options

Customize Protection With Riders

Option to Exit at Age 60 years

Eligibility

Age Criteria

Maturity Age (as on last birthday)

Premium Payment Option

Premium Payment Mode

Basic Sum Assured