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Kotak Life · 107N129V04

Kotak Life e-Term

Kotak Life e-Term (IRDAI UIN 107N129V04) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 85.

Premiums depend on age, cover, city, health and the options you choose. Where the insurer published a premium, the figure shown is for the exact profile stated next to it; your premium will differ. Comparezi does not sell insurance or give advice: check the insurer's prospectus and policy wording, which prevail.

In short

Kotak Life e-Term is a term life insurance plan from Kotak Life. Key specifications: maximum entry age 65 years, maximum maturity age 85 years, death claims settled (insurer) 98.61%.

Premium depends on your profile
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Maximum entry age
65 years
Maximum maturity age
85 years
Death claims settled (insurer)
98.61%

Who should avoid it

  • Not ideal for Low minimum cover · What matters most? (pick any) #28 of 29

Full specifications

Eligibility

Minimum entry age 18 years
Maximum entry age 65 years
Maximum maturity age 85 years
Policy term Regular Pay: minimum 5 years; maximum for Life & Life Secure: 'Highest of 40 years or 75 Years minus less Age at Entry or 85 Years minus less Age at Entry'; Life Plus: 'Highest of 40 Years or 75 Years minus less Age at Entry'. Limited pay minimum terms: 5 Pay 10, 7 Pay 12, 10 Pay 15, 15 Pay 20, Pay till 60 15 years; Single Pay minimum 5 years
Minimum sum assured ₹51,00,000
Maximum sum assured No limit, subject to underwriting policy

Plan

Plan options Life, Life Plus, Life Secure
Premium payment Regular Pay (same as policy term), Limited Pay (5, 7, 10, 15 Pay, Pay till 60 with minimum PPT 10 years), Single Pay
Return of premium option No
Death benefit payout Immediate (100% lump sum); Level Recurring (10% lump sum plus 6% of SA yearly for 15 years); Increasing Recurring (10% lump sum plus yearly payouts from 6% of SA rising 10% a year for 15 years)
Riders Critical Illness Plus rider (107B020V02)
Waiver of premium Life Secure option: waiver of premium on total and permanent disability (not for Single Pay)

Insurer

Death claims settled (insurer) 98.61%
Claims figures for FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
IRDAI UIN 107N129V04

About the e-Term

Kotak Life e-Term (IRDAI UIN 107N129V04) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 85. It is one of 29 term life insurance plans on Comparezi, from Kotak Life.

Information only. Comparezi does not sell insurance, does not give advice and is not paid by insurers. The policy wording issued by the insurer prevails over this summary.

Eligibility and cover

  • Entry age: 18 to 65 years
  • Maximum maturity age: 85 years
  • Policy term: Regular Pay: minimum 5 years; maximum for Life & Life Secure: 'Highest of 40 years or 75 Years minus less Age at Entry or 85 Years minus less Age at Entry'; Life Plus: 'Highest of 40 Years or 75 Years minus less Age at Entry'. Limited pay minimum terms: 5 Pay 10, 7 Pay 12, 10 Pay 15, 15 Pay 20, Pay till 60 15 years; Single Pay minimum 5 years
  • Minimum sum assured: ₹51,00,000
  • Maximum sum assured: No limit, subject to underwriting policy

Plan options

  • Options: Life, Life Plus, Life Secure
  • Premium payment: Regular Pay (same as policy term), Limited Pay (5, 7, 10, 15 Pay, Pay till 60 with minimum PPT 10 years), Single Pay
  • Return of premium: Not covered
  • Death benefit payout: Immediate (100% lump sum); Level Recurring (10% lump sum plus 6% of SA yearly for 15 years); Increasing Recurring (10% lump sum plus yearly payouts from 6% of SA rising 10% a year for 15 years)
  • Riders: Critical Illness Plus rider (107B020V02)
  • Waiver of premium: Life Secure option: waiver of premium on total and permanent disability (not for Single Pay)

How it compares on Comparezi

Of the 27 term life insurance plans on Comparezi with a stated maximum maturity age, 11 have a longer one and 10 have the same.

Premium

It depends on your age, cover, city and options. Kotak Life does not publish a premium chart for this plan that Comparezi could check, so no figure is shown. Get a quote from the insurer.

About the insurer

Kotak Life paid 98.61% of individual death claims in FY 2024-25 (by number of claims, computed from IRDAI's published claim counts).

Similar plans from other insurers

Sources

Checked 6 November 2026. Values the documents do not state are left out rather than estimated. See how Comparezi checks data.

Alternatives

Alternatives to the e-Term

All term life insurance →

Aditya Birla Sun Life

Super Term Plan

  • 65 years Maximum entry age
  • 85 years Maximum maturity age
  • 98.65% Death claims settled (insurer)
Sample premium ₹19,400 a year*

Ageas Federal Life

iSecure Plan

  • 65 years Maximum entry age
  • 85 years Maximum maturity age
  • 98.52% Death claims settled (insurer)
Sample premium ₹14,640 a year*

Bajaj Life

iSecure II

  • 65 years Maximum entry age
  • 85 years Maximum maturity age
  • 99.29% Death claims settled (insurer)
Sample premium ₹13,451 a year*

Head to head

Compare the e-Term

Questions

e-Term FAQs

It depends on your age, cover, city and options. Kotak Life does not publish a premium chart for this plan that Comparezi could check, so no figure is shown. Get a quote from the insurer.

107N129V04. The UIN identifies the exact product version filed with IRDAI; check it on your policy documents.

From 18 years to 65 years; limits can differ by plan option.

Up to age 85 at most; the limit can differ by plan option.

No. It is a pure term plan without a return-of-premium option.

98.61% of individual death claims were paid in FY 2024-25, by number of claims, computed from IRDAI's published claim counts. It is an insurer-wide figure, not one for this plan.

Critical Illness Plus rider (107B020V02).

Data sources

  • Manufacturer official pages

Last updated

Product details

Disclosure

Links to insurers are not paid. Comparezi earns only from labelled ads, which never affect the Comparezi Score, the order of insurers, or the price shown, which is what the insurer listed when we checked.

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