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3rd April 2016, 08:49 AM
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Join Date: May 2012
Re: Kotak Mahindra Health Insurance

Kotak life insurance is to give that protection to your family. It is a pure risk cover plan that is truly an economical means of providing you with a high level of protection.

This plan offers special premium rates to non-tobacco users and women. In the event of death of the life insured during the term, the beneficiary would receive Death Benefit as per plan option selected.’

Entry Age:
Min: 18 years
Max: 65 years

Maturity Age:
Min: 23 years
Max: 75 years

Policy and Premium Payment Term (PPT)
Regular Pay: Equal to Policy Term
Limited Pay:
5 pay for policy term 10 to 40 years
7 pay for policy term 12 to 40 years
10 pay for policy term 15 to 40 years

Minimum Premium Minimum Annual Premiums with respect to Premium Payment Mode and Policy Term for healthy female lives aged 18 years who do not consume Tobacco are as mentioned in the table below:

Premium Payment Mode Policy Term
Minimum Premium 25 Lakhs Sum Assured
Recurring Payout Option () Immediate Payout Option ()
Regular Pay 5 3,700 4,075
Single Pay 5 10,375 11,700
5 year Limited Pay 10 4,925 5,550
7 year Limited Pay 12 4,225 4,750
10 year Limited Pay 15 3,775 4,225

Maximum Premium:
No limit, but will depend on the Maximum Basic Sum Assured which is subject to underwriting


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