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Kotak Term Insurance User Reviews

171 reviews Rate This
Highlights
Claim Settlement Ratio98.50%
Customer Care8:00 AM to 10:00 PM
Death Benefit Paid For3,225 Policies
Inception2001
Presence232 Branches
Total Death Benefit PaidRs. 170.14 Crore

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Choose required coverage to secure your family’s future

50L
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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
1.5 Crore
2 Crore
2.5 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.01%
Starting From 697/Month
Claim Settlement 4hr Claim Settlement
Key Features:
  • Right Green Tick Annual Health Checkup
  • Right Green Tick Terminal illness
See More Plans
Rating of Kotak
4.6
Based on
171 User reviews
  • Good information available

    My friend suggested that I visit InsuranceDekho because I wanted to purchase a good term plan. As suggested, I visited the website and found several term insurance plans available. I was able to find good information regarding how to choose a good term plan from InsuranceDekho. With the help of information on the website I purchased Kotak’s E-Term plan. I am satisfied that I purchased a good term plan from InsuranceDekho

    S
    Saroj Kapoor
    On: Feb 06, 2022
  • Got my policy renewed in very less time

    I bought the Kotak -e term plan from the InsuranceDekho website a year ago. I visited their site again to get my policy renewed. The process was done in just 5 minutes with the guidance of their team. I am really happy to see that I got my work done in such a short time. Happy with the service.

    D
    Dheeraj Kumar
    On: Feb 04, 2022
  • Purchased at ease

    The process to buy a plan from the InsuranceDekho website is easy. I just had to follow some steps, and I was done! I bought the Kotak-e term plan from their website. Thanks to the team for being a great help in the buying process. I must say that the plan is really good and you must buy this plan. 

    N
    Nimisha Shukla
    On: Feb 03, 2022
  • Amazing benefits

    I bought the Kotak -e term plan from the InsuranceDekho website which comes with necessary benefits. The plan is amazing in itself. I loved it for all its benefits and would recommend it to all.

    R
    Ritu Batra
    On: Feb 02, 2022
  • Amazing benefits

    I bought the  Kotak - e term plan from the InsuranceDekho website. The plan offered me all the benefits I was looking for. I am so happy that I finally got the plan of my choice. 

    V
    Vasu Mittal
    On: Feb 01, 2022
  • User-friendly website

    The InsuranceDekho website is a user-friendly website. While buying the Kotak - e term plan, I could easily locate its benefits because of the well-managed website. The plan offered many benefits and was worth buying. 

    N
    Niyati Aggarwal
    On: Jan 31, 2022
  • Safe payment methods

    Recently I purchased a Kotak e-term plan from InsuranceDekho’s website. InsuranceDekho ensures the privacy of its customers, the payments are completely secure and encrypted. I am very satisfied with my purchase with InsuranceDekho

    N
    Nancy Bisht
    On: Jan 28, 2022
  • Safe payment methods

    Recently I purchased a Kotak e-term plan from InsuranceDekho’s website. InsuranceDekho ensures the privacy of its customers, the payments are completely secure and encrypted. I am very satisfied with my purchase with InsuranceDekho

    P
    Priyal Singh
    On: Jan 27, 2022
  • Easy payment methods

    I bought a Kotak e-Term plan from InsuranceDekho and I must say the payment process was very quick and easy. The payment portal is completely secure and without verification, the payment will not be processed. 

    A
    Atul Arora
    On: Jan 20, 2022
  • Helpful customer care services

    I had some queries related to my Kotak’s e-term plan which I had purchased from InsuranceDekho. I contacted the customer care number of InsuranceDekho to get my queries resolved, the customer care assistant provided me with effective solutions.

    D
    Deepankar Rana
    On: Jan 19, 2022

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Kotak Term Insurance Contact Details

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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.

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FAQs

  • What is the customer helpline number of Kotak Life Insurance?

    The toll-free customer helpline number of Kotak Life is - 1800 209 8800.

  • What is the Claim Settlement Ratio of Kotak Life Insurance?

    Kotak Life featured an excellent claim settlement ratio of 96.38% for FY 2019-2020 as per the IRDA annual report.

  • What is the difference between term insurance and life insurance?

    A term insurance plan provides the sum assured to the nominees/beneficiary in case of an unfortunate event. Life insurance provides benefits at the maturity of the plan.

  • Can Non-Resident Indians (NRIs) purchase Kotak Life Term insurance plans?

    Yes, NRIs who have legal citizenship of India can purchase Kotak life term insurance plans.

  • Does Kotak Life Term insurance plans offer tax benefits?

    Kotak Life offers tax benefits under Section 80C and Section 10(10D) of The Income Tax Act, 1961.