Minimum Age - 18 years Maximum Age - 65 years
Maximum Maturity Age - 70 years
Minimum term - 5 years Maximum term - 40 years
Basic Sum Assured: ₹5L to ₹25L
The policy loan is not available under Kotak Saral Jeevan Bima.
Single, Yearly, Half-Yearly, and Monthly
Here are the benefits associated with the Kotak Saral Jeevan Bima
You can add the following riders to your Kotak Life Sararl Jeevan Bima:
Get an extra payout if you are diagnosed with 37 covered critical illnesses.
In case of the policyholder’s demise due to an accident, additional benefits are paid to their nominee along with the basic plan cover.
Here is the list of exclusions associated with the plan:
Kotak Sararl Jeevan Bima is a life insurance plan that offers death benefits, flexible coverage options, and special rates for females. Policyholders can choose term and payment modes with no surrender value or policy loans. The plan proves itself as a true friend for the person who wishes to buy a term pan but doesn't have a big pocket to pay the premium.
If you want to know more about the plan or compare different plans, you can easily contact us through the website policyx.com or call us at 1800-4200-269.
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Bindiya is a seasoned content writer specializing in keeping readers acquainted with the insurance industry, term insurance developments, and life insurance sector shifts. With an experience of 3 years in insurance, Bindiya ensures that her readers stay well informed with the insurance developments and factually correct information.
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