Kotak Saral Jeevan Bima

Kotak Saral Jeevan Bima

A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan

Your well-being provides comfort, happiness and security to your family and you would want your family's future to be secured at all times. Your presence provides them with an envelope of security at all times. Should your absence mean anything less? Presenting Kotak Saral Jeevan Bima - a pure risk cover plan that provides protection to your loved ones.

Key features

Hassle free life insurance cover

Pure risk cover plan that pays lump sum in case of the life assured's demise.

Long term coverage

Coverage available till age 70 years of age (Except for POSPs/CPSC Channel where coverage is till 65 Years)

Choice of Premium Payment Term

You get to choose how you want to pay your premiums - Regular /Limited /Single Pay as per your convenience

Special premium rates for female

The plan further provides preferential rates for female lives

Eligibility

Age Criteria
Entry age (as on last birthday) - Minimum: 18 years | Max: 65 years^
Maturity age (as on last birthday) - Minimum: 23 years | Max: 70 years^





Premium Payment Option

Regular, Limited and Single Pay

Premium Payment Mode

Single, Yearly, Half-Yearly, and Monthly*

Premium

Premium shall vary based on the Age & Gender of the Life Insured along with Policy Term, Premium Payment Term and the Basic Sum Assured opted under the policy.

Minimum Premium:

Minimum Annual Premiums (offline channel) with respect to Premium Payment Option for healthy lives are as mentioned in the table below:





Basic Sum Assured

Minimum: Rs. 5,00,000

Max: Rs. 25,00,000

Basic Sum Assured would be allowed only in the multiple of Rs. 50,000

*Applicable under ECS / NACH only

^For Point of Sale Channel the Maximum Age at entry is 60 years and Maximum Maturity Age is 65 years.