Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin
HomeTerm InsuranceKotakUser Reviews

Kotak User Reviews

172 reviews Rate This
Kotak
Highlights
Claim Settlement Ratio98.50%
Customer Care8:00 AM to 10:00 PM
Death Benefit Paid For3,225 Policies
Inception2001
Presence232 Branches
Total Death Benefit PaidRs. 170.14 Crore
Rating of Kotak
4.7
Based on
172 User reviews

Coverage for Accidental Death


The Kotak Life Term Insurance Policy from InsuranceDekho includes coverage for accidental death providing an extra layer of financial protection in the event of a tragic accident. Glad to have secured my family under this plan.

Madhu Goswami
On: Jun 07, 2023 | Views

User Reviews on Kotak Term Insurance Alternatives

Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

Explore Kotak Term Insurance

Term Insurance Riders

Popularly Opted Term Insurance Sum Assured

Buy Insurance Plans - Compare & Save Big*

View All Insurance Companies
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers

Term Insurance News

View All News

Kotak Term Insurance Contact Details

Reach us for help anytime

Claim Process at Kotak Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

FAQs

  • What is the customer helpline number of Kotak Life Insurance?

    The toll-free customer helpline number of Kotak Life is - 1800 209 8800.

  • 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.

View All

Insurance Calculators