What is Kotak Preferred Term Plan?

The Kotak Preferred Term Plan is designed to provide you protection with reduced premium rates for a sum assured of Rs.25 lakhs and above.

• Truly a low-cost insurance plan

• Special premium rates for women and non-smoker

• Flexibility in premium payment: One can choose Single, Regular and Limited Premium Payment (3 and 5 years) options

• 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.

What value-adds can you opt for?

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