Sign-in / Sign-up
This benefit keeps the policy alive by waiving all future premiums on the policy. All the future basic premiums are paid by Kotak Life Insurance as and when due.
Kotak Accidental Disability Guardian Benefit Rider & Kotak Life Guardian Benefit Rider
Every person has a different need and we at Kotak Life Insurance recognize this. To give you the flexibility to customize and enhance your cover, we offer a set of riders which you may opt for along with your basic policy and shape your policy to suit your individual needs.
Riders offered by Kotak Life Insurance may be availed of at the time of purchasing the plan, at a nominal cost. The maximum amount of benefit you can avail is equal to the Basic Sum Assured and the benefit depends on the rider selected. However, the aggregate premium on all value-adds should not exceed 30% of the basic premium.
Riders Offered
Kotak Life Guardian Benefit Rider In case of the unfortunate death of the policyholder, this benefit keeps the policy alive by waiving all future premiums on the policy. All the future basic premiums are paid by Kotak Life Insurance as and when due. This benefit can be availed of only when the Life Insured and Policyholder are two different people.
Kotak Accidental Disability Guardian Benefit Rider
In case the policyholder becomes totally and permanently disabled as a result of accident , this benefit keeps the policy alive by waiving all future premiums on the policy. All the future basic premiums are paid by Kotak Life Insurance as and when due. Permanent Disability is defined as permanent and immediate inability to work or permanent loss of use of any two limbs or total and permanent loss of sight or injuries that permanently preclude following an appropriate occupation from the date of accident onwards. Accident is defined as a sudden, unforeseen and involuntary event caused by external, visible and violent means.
Eligibility Criteria
