The Kotak Preferred Term Plan is designed to provide you protection with reduced premium rates for a sum assured of Rs.10 lakhs and above.
Advantages
- Low-cost insurance plan.
- Preferred rates for women and non-smokers.
Option to choose between regular premium or single premium payment.
Plan can be converted into any other plan offered by Kotak Life Insurance (except for another Term plan) provided there are at least 5 years before cover ceases*.
You may avail of the following value-adds for a nominal premium at the time of taking your policy:
- Accidental Death Benefit
- Permanent Disability Benefit
- Critical Illness Benefit
Eligibility
- Males over the age of 18 years, who do not use tobacco in any form.
- Females over the age of 18 years.
Kotak Term Plan - UIN 107N009V02. Insurance is the subject matter of the solicitation. This is a non-unit linked non-participating plan. For detailed terms and conditions, please read the product brochure carefully.
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