Kotak's e term plan is a pure Term insurance policy. In the event of the death of the life insured, the nominee stands to receive the promised sum assured while no benefit is provided if the policyholder survives through the policy tenure.

The eligibility conditions under this plan are as follows -

Minimum entry age - 18 years

Maximum entry age - 65 years

The maximum age of maturity is 70 years.

Other features include -

• Kotak life insurance premium payment can be made monthly or yearly.
• Policy term will range from 5 to 40 years or 75 years less entry age.
• Kotak critical illness benefit plus rider can be availed at an extra premium.
• The policyholder can avail tax benefits under the plan.

For more details on other insurance plans, visit OneInsure.