Kotak e-Term Term Insurance User Reviews
![Kotak](https://healthstatic.insurancedekho.com/prod/oem/20210609170837.jpg)
Claim Settlement Ratio | 98.50% |
Customer Care | 8:00 AM to 10:00 PM |
Death Benefit Paid For | 3,225 Policies |
Inception | 2001 |
Presence | 232 Branches |
Total Death Benefit Paid | Rs. 170.14 Crore |
Simple process and helpful team
Deciding to renew my term insurance, Kotak e-term policy through the InsuranceDekho Portal was a hassle-free experience. Their feature of premium calculator and reminders helps me avoid the lapse in coverage and makes my life so easy.
Customized Coverage Options
I appreciated the ability to customize my Kotak Term Insurance- e-Term Plan-Term Insurance’s coverage with InsuranceDekho. It allowed me to tailor the policy to my family's specific needs.
Effortless Claims Process
I was so relaxed while filing a claim for my Kotak Term Insurance- e-Term Plan-Term Insurance with InsuranceDeko as it was hassle-free. They make a difficult time much more manageable with their efficient claims process
Assistance during renewal
The policy renewal time for my Kotak Term Insurance- e-Term Plan-Term Insurance that I purchased was approaching. To get it renewed I visited InsuranceDekho and checked the renewal procedure and get it done in a few clicks only.
No hidden charges
There were no hidden charges involved when I was buying Kotak Term Insurance- e-Term Plan-Term Insurance from InsuranceDekho. Without the involvement of any external agent, I was able to do it all by myself and save on additional costs.
Convertibility Options for Future Needs
One of the advantages of the Kotak Term Insurance- e-Term Policy from InsuranceDekho is the option to convert it into a permanent policy in the future. Having the ability to convert to a permanent policy without additional underwriting provides added flexibility and long-term planning possibilities.
Flexible Options to Suit Individual Needs
What I appreciate most about my Kotak Term Insurance- e-Term Plan is the flexibility it offers. I had the freedom to choose the coverage amount and duration that suited my individual needs. The ability to customize the policy makes it a great fit for anyone. Thank You InsuranceDekho for suggesting this wonderful plan to me.
Comprehensive Coverage
I feel reassured knowing that the Kotak Term Insurance- e-Term Plan from InsuranceDekho offers comprehensive coverage. It not only provides a death benefit but also includes additional features like critical illness coverage, which gives me peace of mind.
Got my policy renewed in very less time
I bought the Kotak -e term plan from the InsuranceDekho website a year ago. I visited their site again to get my policy renewed. The process was done in just 5 minutes with the guidance of their team. I am really happy to see that I got my work done in such a short time. Happy with the service.
Amazing benefits
I bought the Kotak -e term plan from the InsuranceDekho website which comes with necessary benefits. The plan is amazing in itself. I loved it for all its benefits and would recommend it to all.
FAQs
-
-
What is the Claim Settlement Ratio of Kotak Life Insurance?
Kotak Life featured an excellent claim settlement ratio of 96.38% for FY 2019-2020 as per the IRDA annual report.
-
What is the difference between term insurance and life insurance?
A term insurance plan provides the sum assured to the nominees/beneficiary in case of an unfortunate event. Life insurance provides benefits at the maturity of the plan.
-
Can Non-Resident Indians (NRIs) purchase Kotak Life Term insurance plans?
Yes, NRIs who have legal citizenship of India can purchase Kotak life term insurance plans.
-
Does Kotak Life Term insurance plans offer tax benefits?
Kotak Life offers tax benefits under Section 80C and Section 10(10D) of The Income Tax Act, 1961.