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Kotak e-Term Term Insurance Eligibility

4 reviews Rate This
Claim Settlement Ratio98.50%
Customer Care8:00 AM to 10:00 PM
Death Benefit Paid For3,225 Policies
Presence232 Branches
Total Death Benefit PaidRs. 170.14 Crore

Here are some significant features of the term insurance plan:

1. Multiple Plan Options - The plan offers you 3 options to choose from which comprise Life Option, Life Plus Option, and Life Secure Option.
2. Different Pay-Out Options - There are 3 pay-out options available under this plan like Immediate Pay-Out, Level Recurring Pay-Out and Increasing Recurring Pay-Out. Policyholders can opt for any of these options based on their family needs.
3. Premium Payment Term - Policyholders can make the payment for premium in different terms which are Single Pay, Regular Pay, and Limited Pay.
4. Premium Payment Frequency - Premium payment can be done by the policyholders in different frequencies such as single, monthly, and yearly.
5. Step Down Options - This option allows policyholders to reduce their life cover on the basis of their budget and requirements.

Kotak e-Term Plan Eligibility Criteria

The eligibility criteria for Kotak e-Term Plan is tabulated below:




Entry Age

18 years

65 years (Except for Limited Pay - “Pay till 60 Years”)

50 Years (For Limited Pay - “Pay till 60 Years”)

Maturity Age

23 years

75 years

Premium Payment Term (PPT)/Policy Term (PT)

Premium Payment Term

Policy Term (PT)

Regular Pay

Same as Policy Term

Min: 5 Years

Max: 40 Years or 75 minus Age at Entry

Limited Pay

5 Payment Term

Min: 10 Years Max: 40 Years or 75 minus Age at Entry

10 Payment Term

Min: 15 Years Max: 40 Years or 75 minus Age at Entry

Pay till 60 Years (Minimum Premium Payment Term of 10 Years)

Min: 15 Years

Max: 40 Years or 75 minus Age at Entry

Single Pay

One Time Payment

Min: 5 Years Max: 40 Years or 75 minus Age at Entry

Premium Payment Option

Regular Pay, Limited Pay, and Single Pay

Premium Payment Mode

Single, Yearly, and Monthly

Modal Factor

Premium Payment Type

Premium Payment Modal Factor

Single Premium

100% of Base Premium

Regular/ Limited Pay


100% of Annual Premium


8.8% of Annual Premium


Minimum premium amount varies on the basis of age, gender, tobacco or non-tobacco user along with policy option, payout option, plan term, sum assured, etc.

Maximum premium has no limit, but it will depend on the maximum amount of basic sum assured that is subject to underwriting

Basic Sum Assured

Min – Rs. 25,00,000

Max – No limit, subject to underwriting

Accidental Death Benefit under Life Plus Option is subject to a maximum of Rs. 1 Crore sum assured.

Kotak e-Term Plan Brochure

  • 958.21 KB
  • PDF Document
  • Jun 22, 2021

e-Term Plan Reviews

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  • Got my policy renewed in very ...

    I bought the Kotak -e term plan from the InsuranceDekho website a year ago. I visited their site again to get ...

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    By Dheeraj Kumar
    On: Mar 03, 2022
  • Amazing benefits

    I bought the Kotak -e term plan from the InsuranceDekho website which comes with necessary benefits. The plan ...

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    By Ritu Batra
    On: Feb 28, 2022
  • Hassle-free claim settlement

    I filed a claim on the InsuranceDekho website since I was insured with the Kotak - e term plan from their webs...

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    By Mamta Khati
    On: Feb 22, 2022
  • Easy comparisons

    It is very easy to compare term insurance plans on InsuranceDekho’s website using the online term insura...

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    On: Invalid date

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