E Term Plan vs Promise2protect Term Insurance Plan 2026

Know More About Plans

Kotak e-Term Plan offers high life cover at affordable premiums with special rates for women and non-tobacco users. The plan also includes optional riders for extra protection against critical illness, accident, and disability. It offers special premium rates to non-tobacco users and women. You can also choose additional cover through optional riders available along with the plan, thereby, ensuring complete cover against unfortunate eventualities.

Kotak e-term plan is a pure risk term insurance plan providing your family and loved ones with financial protection in the face of adversity. Kotak e-term plan offers multiple plan options namely life, life plus, and Life Secure. Kotak Life e-term plan also offers the option of Increasing or decreasing life cover based on various life stages.

Kotak e-Term Plan offers you a range of benefits including:

3 Plan Options
Multiple Payout Options
Step-Up Option
Tax Benefits As Per Laws

Lower Premium for Female Lives
Inbuilt Wellness Benefits

Riders Associated with Kotak e-term Plan

You can add the following riders to your Kotak e-term Plan:

Kotak Critical Illness Plus Benefit Rider

Get an extra payout if you are diagnosed with 37 covered critical illnesses.

Kotak Permanent Disability Benefit Rider

In case the policyholder gets permanently disabled due to an accident, benefits are paid under this rider.

Other Term Insurance Companies

Premium Including GST
Key Features (Key features of the plan)	Available online 3 plan variants Life cover options	Increasing Coverage Option 2 Plan Options Spouse Coverage
Plan Maturity age	Maximum Maturity Age - 85 years	Maximum maturity age- 80 years
Plan Sum Assured	Basic Sum Assured: ₹51L to No Limit	Base sum assured- Rs 15 lakhs to No limit
Plan Entry Age	Minimum Age - 18 years Maximum Age - 60 years	Minimum age- 18 years, Maximum age- 60 years
Plan Payment modes	Single, Yearly, Half-Yearly, Quarterly and Monthly	Yearly, half-yearly, quarterly, and monthly
Plan Policy loan	The policy loan is not available under Kotak e-term Plan.	Policy loan is not available with this plan
Plan Sample Premium	Rs 580-/ per month	Rs 543-/ per month
Plan Brochure	Brochure URL	Brochure URL
Policy Term	Minimum term - 10 years Maximum term - 40 years	Minimum policy term- 5 years, Maximum policy term- (80- Entry age)
Claim Settlement Ratio (2024-25)	98.61%	99.43%
Recommended Videos	Kotak Life Term Insurance	-

Know More About Plans

Riders

Riders Associated with Kotak e-term Plan

Kotak Critical Illness Plus Benefit Rider

Kotak Permanent Disability Benefit Rider

How does Canara HSBC Promise2Protect operate?

Compare with Other Plans

Other Term Insurance Companies

Term Insurance Articles

Consult for Personalised Insurance Advice