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Kotak Saral Jeevan Bima is a basic term insurance plan that is designed to offer financial protection to your loved ones in case of your demise. This a plan that was introduced by the Government of India with an aim to provide insurance coverage even to the person who comes under a lower income group. The plan offers long-term coverage for up to 70 years and has special rates for females. Let us know more about the plan through this article.
Kotak Saral Jeevan Bima Plan offers you a range of benefits including:
| PLAN DETAILS |
Kotak Saral Jeevan |
Young Term Plan |
* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.
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.
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