What are the Kotak Term Insurance Plans offered online?

Kotak term insurance plans offer risk cover without any maturity benefits. One can select from a one-time or regular payment option. Premiums can be paid annually, quarterly, half-yearly, or monthly under the regular payment option. The riders available under term plans include:

• Kotak Accidental Death Benefit Rider: Lump sum benefit in case of death due to accident.
• Kotak Critical Illness Benefit Rider: In case the life insured is diagnosed with any of the critical illnesses covered under the plan, a portion of the basic sum assured is given as rider benefit.
• Kotak Permanent Disability Benefit Rider: Claims can be made for permanent disability arising from an accident.

Kotak online term insurance plans ensure that your family members are financially protected in your absence. It can help in situations where the income source stops due to the sudden demise of the policyholder. Compare the different plans and choose the right one for your needs.