Kotak Term Insurance Premium Calculator

Highlights

Claim Settlement Ratio	98.50%
Customer Care	8:00 AM to 10:00 PM
Death Benefit Paid For	3,225 Policies
Inception	2001
Presence	232 Branches
Total Death Benefit Paid	Rs. 170.14 Crore

Kotak Life term insurance premium calculator is an online tool that helps you calculate the premium of the required term insurance coverage. This tool is easy to use and extremely helpful when you are buying a Kotak Life term policy. Kotak Life insurance offers a wide range of term insurance plans with varying sum assured amounts. The premium calculator allows you to adjust the sum assured you would want your family or loved ones to receive in case of a misfortunate event.

How To Use Kotak Life Term Insurance Premium Calculator?

Kotak Life term insurance plans premium calculations are simple and hassle-free with the online premium calculator available on our website.

The following steps can be used to use InsuranceDekho’s Kotak Life term insurance premium calculator.

Step 1: Locate Kotak Life term insurance premium calculator at InsuranceDekho.

Step 2: Enter the following details in the premium calculator such as age, gender, life cover, and cover-up.

Step 3: When you submit these details in the premium calculator, your premium amount will be instantly calculated.

Step 4: You can choose an additional rider if you want, the premium would be updated accordingly.

Step 5: Once you are satisfied with the plan and coverage, you can proceed to pay the premium and purchase the policy.

Benefits of Kotak Life Term Insurance Premium Calculator

Here are some of the benefits of using the Kotak Life term insurance premium calculator:

Cost-Effective: With the Kotak Life term insurance premium calculator, you can opt for the maximum possible life cover amount that suits your needs. You can also opt for additional benefits at affordable premiums.
Helps You Compare Multiple Quotes: Kotak Life term premium calculator helps you to compare policy quotes of different term insurance plans which can help you in making the right buying decision. The premium calculated by the Kotak Life term premium calculator is correct.
Saves Time: While comparing your Kotak Life term insurance plans using a premium calculator, you don’t need to submit any documents. Kotak Life premium calculator will save your precious time to save yourself from fraud calls and you can buy your desired Kotak Life term insurance plan without any intervention from an Insurance Agent.
Free Cost: Kotak Life term insurance premium calculator is easy to use and is free of cost.

Gender

Male
Female

Date of Birth

Do you smoke or chew tobacco?

Yes
No

Choose required coverage to secure your family’s future

50L

1Cr

1.5Cr

2Cr

Coverage

Disclaimer :

1. Premium has been calculated for coverage till 60 years

2. Eligibility depends on income, occupation and educational qualification

Best Kotak Term Insurance Plans

1 Crore

2 Crore

HDFC C2PS Life

LIFE COVER
Tax Free
₹1 Cr
CLAIMS SETTLED ₹99.4%

Starting From ₹ 1398/Month

24hr Claim Settlement

Key Features:

Special Exit Benefit
Terminal illness
Accidental Death

iTerm Comfort

LIFE COVER
Tax Free
₹1 Cr
CLAIMS SETTLED ₹99.7%

Starting From ₹ 1132/Month

Key Features:

Special Exit Benefit

See More Plans

User Reviews

4.7

Rating based on

172 User reviews

What users are saying

Helpful Team
InsuranceDekho helped me understand the importance of life insurance and increasing my term coverage as my income grows. With their help, I easily upgraded my existing plan for Kotak Term Insurance through their platform. Thank you so much, team.
Read More
N
Kotak
By Nandini Pandey
On: Jun 20, 2024
Smooth term insurance purchase...
Getting term insurance was surprisingly easy with InsuranceDekho! The agent listened to what I needed and helped me get Kotak Term Insurance. Now, I feel relieved knowing my family's future is secure. Huge thanks to InsuranceDekho!
Read More
K
Kotak
By Kirti Bhasin
On: Mar 06, 2024
Great Insurance Company
InsuranceDekho is a nice place to buy a term insurance policy. I bought the Kotak term insurance plan from the official website of the company. It was very easy to compare the term insurance plans online and choose the best one. Thanks to the company’s amazing customer support service.
Read More
S
Kotak
By Sumit Panwar
On: Feb 01, 2024
Recommended Insurance Company
The InsuranceDekho company has put in all the effort to simplify my buying process. I bought Kotak Term Insurance from the Insurancedekho website. Everything was done online which saved me a lot of travelling time. I am happy to connect with this amazing platform and will recommend it to everyone for purchasing a term insurance policy with ease.
Read More
S
Kotak
By Samay Saini
On: Dec 06, 2023
The best plan to secure the fu...
The Kotak Term Insurance- e-Term Plan-Term Insurance Plan available on InsuranceDekho is one of the best term plans in my opinion. Offering great coverage and amazing benefits, everyone can easily invest in this term plan.
Read More
P
Kotak
By Preeti Dayal
On: Nov 21, 2023

View All Kotak Term Insurance Reviews

Why to Buy Term Insurance Policy Online from InsuranceDekho

Tax benefit upto 1,50,000*
Claim support everyday 10AM-7PM
80 Lacs+ happy customers

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Kotak Term Insurance Contact Details

Reach us for help anytime

Insurance Dekho
755 1196 989Mon to Sun 10:00 AM to 7:00 PM
support@insurancedekho.com
Kotak Term Insurance
1800-209-8800Mon to Sun 8:00 AM to 10:00 PM
clientservicedesk@kotak.com

Claim Process at Kotak Term Insurance

1
Claim Intimation
In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
2
Submission of Documents
Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
3
Claim Evaluation
Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
4
Claim Settlement
If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

Best Insurance Advisors in Your City.

FAQs

Is the Kotak Life term insurance premium calculator safe to use?
Yes, the Kotak Life term premium calculator is completely safe to use. Your personal data is protected from online scams and frauds and you can calculate the premiums on a secured platform.
When should I buy a Kotak Life term insurance plan?
The earlier you buy Kotak Life term insurance the cheaper and better it is. With increasing age, Kotak Life term insurance plans become expensive.
What are the factors which will affect my Kotak Life term insurance plan premium?
Age, pre-existing disease, gender, occupation, and cover-up to which age are some of the factors that will affect the Kotak Life term insurance premium.
Do Kotak Life term insurance plans offer tax benefits?
Yes, Kotak Life term insurance offers tax benefits under section 80C, section 80D, and section 10(10D) of The Income Tax Act, 1961.
What are the different rider options available with Kotak Life term insurance plans?
Kotak Life term insurance plans offer Kotak Permanent Disability Benefit Rider, Kotak Accidental Death Benefit Rider, and Kotak Critical Illness Plus Benefit Rider.
How would my premium change if I add riders in my Kotak Life term insurance plan?
If you add riders to your Kotak Life term insurance coverage, the premium calculated would increase because each rider provides an additional benefit which comes with an additional cost for the additional coverage benefit that it provides. Thus, your premium will increase as you add riders to your term insurance plan.
How does my age affect my Kotak Life term insurance premium?
Age is a critical factor in determining the premium. The higher the age, the higher premium you will be required to pay. The best age to purchase a Kotak Life term insurance plan is 18 years.