Kotak Life Term Insurance

Kotak Life term insurance is a comprehensive option to financially protect your family at affordable premiums. It offers financial stability to your loved ones in case of unforeseen circumstances, ensuring they can maintain their lifestyle and meet future goals.

Written ByAashima MongiaContent Writer (Expertise: Term Life Insurance & Investment)

Reviewed ByAtul KathuriaBusiness Head – Term & Investment | Policybazaar.ae

Last updated on 24 April 2025Editorial Standards

Kotak Life Insurance is one of India’s top life insurance companies, renowned for its customer-centric approach and innovative insurance solutions. Founded in 2001, the company is a subsidiary of Kotak Mahindra Bank, a trusted name in financial services.

With a strong presence across India, Kotak Life caters to the diverse insurance needs of individuals and families, offering a wide range of products that ensure financial security and peace of mind.

Best Term Insurance Plans in UAE

Some of the best Term Insurance quotes in UAE & Dubai are:

Policy Term

Age

Cover

Payment Frequency

YearlyMonthly

98.1% Claim Settlement Ratio

Term Life Protect

Life Cover (AED)1,000,000

Policy Term (Years)10

Passive War Cover
Pre Existing Disease Coverage
Medical Checkup Not Required
Worldwide Coverage

95% Claim Settlement Ratio

Term Life

Life Cover (AED)1,000,000

Policy Term (Years)10

Worldwide Coverage
Life Cover
Entry Age

98% Claim Settlement Ratio

International Term Assurance

Life Cover (AED)1,000,000

Policy Term (Years)10

Passive War Cover
Pre Existing Disease Coverage: Subject to Approval*
Medical Checkup Not Required
Worldwide Coverage
Critical Illness Cover

98% Claim Settlement Ratio

Live Life Now

Life Cover (AED)1,000,000

Policy Term (Years)10

Worldwide Coverage

98% Claim Settlement Ratio

Critical Illness Protection

Life Cover (AED)1,000,000

Policy Term (Years)10

Worldwide Coverage
Cancer Cover

With flexible options and reliable claim settlement, the company empowers families to face life’s uncertainties confidently.

What is a Kotak Term Insurance Plan?

Kotak Life term insurance is a type of life insurance that provides coverage for a specific period or ‘term’. In exchange for a premium, the insurer pays a death benefit (sum assured) to the nominee in case of your demise during the policy tenure. This sum can ensure financial security for your family and help them manage their daily expenses, emergency funds, children’s education, and more.

Term life insurance is a popular choice for those seeking comprehensive coverage at affordable premiums. It’s an ideal option if you want only financial protection (without any investment component) for your loved ones.

Buy Term Insurance Now

Why Should You Buy Term Insurance from Kotak Life?

When you buy term insurance from Kotak Life, you get the following benefits —

Professional customer care service
Customisable plans
Efficient cost management
Popular plans include cover of up to INR 2 crore (~AED 869,300*)
Hassle-free application process online

*Currency exchange rates subject to change

Features and Benefits of Kotak Term Insurance

Check out the key features of the top Kotal Life term insurance plans —

Affordable premiums
Complete risk coverage
Disability support and benefits
Death benefits
- Riders and add-ons —
- Accidental death benefit
- Income benefit
- Waiver of premium

Whole life cover available
Cover for critical illness
Comprehensive option for additional life coverage
Flexibility
Plans available for NRIs as well

Eligibility Criteria to Apply for Kotak Life Term Insurance Policy

To buy Kotak Life term insurance, you need to fulfil the following age-based criteria —

Minimum Entry Age - 18 years
Maximum Entry Age - 65 years

Term Insurance Calculator for Kotak Term Insurance

Everything You Need to Know About Term Insurance
Self Employment Insurance	Can I Cancel My Insurance Policy?
Disability Insurance for Individuals	Risks Are Not Covered in the Term Insurance
Term Insurance for NRIs	5 Years Term Policy in UAE
Disability Cover under Term Insurance	Family Term Life Insurance
Staggered Payment in Term Insurance	Term Life Plan for Wife
Universal Term Life Insurance	Long Term Insurance

Reviews & Ratings

★★★★★4.7 / 5

(based on 44,602 reviews)

Ali Essa AliAbu Dhabi, 25 September 2026

★★★★★

Bought MetLife term planI purchased MetLife term life insurance plan through Policybazaar.ae. The main reason was family protection and getting decent cover with out paying very premium. The advisor was helpful during the process.

Saranya Nirmala Chandran RajamanyAbu Dhabi, 24 September 2026

★★★★★

Good Premium For My AgeI delayed taking term insurance for few years and finally decided to get it. Policy Bazaar UAE team showed me different options and I got a premium that was within my budget. Good guidance.

Sayed ZiauddinAbu Dhabi, 22 September 2026

★★★★★

MetLife life insurance experienceI was looking MetLife and a couple of other life insurance options. Instead of just pushing one plan, the advisor explained the differences. That made the decision much easier. Documentation took some time but otherwise good.

Haneen YehyaAbu Dhabi, 21 September 2026

★★★★★

Simple Online ProcessBought a term insurance plan online through Policybazaar.ae. The application was quite simple and I could compare different UAE insurers before selecting the policy. Didnt expect the process to be this smooth.

Moaza AlsuwaidiAbu Dhabi, 18 September 2026

★★★★★

Good Help Choosing CoverI was not sure how much term insurance I actually need. The Policybazaar.ae advisor explained the cover amount based on my salary and loans and helped me choose a plan. Overall good experience.

Mohamed KatlichDubai, 17 September 2026

★★★★★

Helpful for ExpatsI am working in Dubai and wanted life cover that would also work for my family back home in India. The advisor explained the nominee and claim process clearly. Happy with the service.