What is Kotak Term Plan?

Kotak Term Plan is a pure risk cover plan that is truly economical means of providing you with high level of financial protection. You should invest in this plan if you want to cover your life and thereby financially protect your family in case of adversity. You may also want to make provisions for the repayment of your financial liabilities or debt in the eventuality of your not being around. Since this is a pure risk cover product, there is no maturity benefits payable on survival. This is a non-participating plan..

What are the advantages of this plan?

	Truly a low-cost insurance plan
	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
	In case you forget to pay your premium by the due date, you are entitled to a grace period of 30 days from the date of unpaid premiums

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

Kotak Term Plan - UIN 107N009V02, ADB - UIN No: 107C001V01, PDB - UIN No: 107C002V01, CIB - UIN NO: 107C004V02 .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.