Prices Increasing soon Prices Increasing Soon

Kotak Term Insurance Calculator 2024

Kotak Term Plan Calculator 2024 is an easy-to-use, online tool for accurately estimating premiums for a chosen term insurance plan. It quickly calculates premiums and allows you to compare them among term plans offered by over 15 top Indian insurers. Moreover, the calculator helps you choose and buy term plan that suits you best. Let’s explore in detail the Kotak Term Insurance Calculator here:

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
6.7 Crore
Registered Consumers
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:-

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

What is the Kotak Term Insurance Calculator 2024?

The Kotak term plan calculator helps to have an estimate of the premium amount that an individual would end up paying consistently for the specified term insurance plan.

Further, the Kotak term insurance calculator will help to evaluate the approximate sum of premium that an individual would end up with during the purchase of the policy. With the help of the Kotak term plan premium calculator, the policyholder can make an informed decision and select the plan that offers maximum coverage at cost-effective premium rates. 

Note: Know more about what is term life insurance first before reading this article.

one crore term plan

Term Plans


Life Cover

@ Starting from ₹ 16/day+


Life Cover

@ Starting from ₹ 8/day+


Life Cover

@ Starting from ₹ 12/day+

Why Use Kotak Term Insurance Premium Calculator?

Below are the key benefits of the Kotak Term Insurance Premium Calculator:

  • Kotak Term Insurance Calculator estimates the premium needed based on your desired life cover for your life insurance plan.

  • Easily compare different term plans Kotak Life Insurance offers to find the best plan.

  • Adjust plan parameters, such as desired life cover, policy terms, and other criteria to match your needs.

  • Quickly generate premium estimates and identify affordable options, saving time and effort.

one crore term plan

Secure Your Family Future Today


Term Plan Starting @ ₹449/month+

Get an online discount of upto 10%+

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

What Are The Benefits Of Using Kotak Term Insurance Calculator 2024?

The following are the key benefits of using the term plan calculator by Kotak Term Insurance:

  • Free Cost
    Kotak Term Insurance Calculator is free of cost and is easy to use. 

  • Save Time
    It is mostly understood that manual calculations are a time-taking process. The Kotak term insurance calculator helps to save time and simplifies the process of getting the quote within minutes. Use the Kotak term insurance premium calculator and generate the quote quickly.

  • Cost-Effective
    The Kotak term insurance calculator 2024 will help to determine the most cost-effective plan. Purchasing the plan online can also help an individual get the insurance plan at a special price. Using the Kotak term insurance calculator is not at all complex and determines the premium without taking much time.

  • Compare Plans
    The Kotak term plan calculator also enables one to compare the different plans at no cost. In case an individual contacts an agent for the same then would end up paying charges for creating different plans with the difference in premiums; however, the Kotak term insurance premium calculator does it in a hassle-free manner.

  • Accuracy
    When it comes to calculations, human beings can likely make errors. This does affect the calculation of the premium amount and that would impact an individuals’ purchasing decision to buy a Kotak Life Insurance plan. The Kotak term plan premium calculator provides accurate results. This online tool helps to get the quote with no mathematical error.

How To Use Kotak Term Insurance Premium Calculator?

Kotak Term Insurance premium calculations are hassle-free and simple with an online premium calculator. Listed below are the steps to use the Kotak term plan premium calculator 2024:

  • Step 1: Visit Policybazaar’s Term Insurance Calculator page.

  • Step 2: Submit your gender and age.

  • Step 3: Enter your selected life cover and policy term.

  • Step 4: Finally, click on the ‘View Plans’ button and select the Kotak Term Plan list available

What Are The Factors That Affect The Term Insurance Premium?

Though the sum assured amount of a term insurance plan can be the same, the premium rate depends on number of factors and plays a huge role in deciding the premium charge. 

  • Age: Age is a crucial metric considered while assessing premium quotes which is why it is recommended to buy insurance plans when you are younger. With age, the premium rates rise. You can get a good term insurance plan at a younger age at low premium rates. 

  • Coverage amount: The amount of coverage also decides the premium rates, whereas a higher coverage means higher premium rates. 

  • Gender: As per the statistical data used by insurance companies, female policyholders are more likely to pay higher premium amounts. So, the premium rates for men are comparatively higher than for women because of the lower life expectancy. 

  • Policy Term: The policy term is decided by the life assured at the time of purchasing the policy. The term insurance premium rates are lower when the policy term is longer. Thus, if you select a longer policy tenure, you can get a less expensive premium. 

  • Mode of Purchasing: You can purchase term insurance online and offline. Buying online is easier and hassle-free than offline buying, where you have to pay the agent if you are involved. 

Wrapping It Up!

A term insurance plan is one of the easiest and simplest forms of life insurance. The Kotak term insurance plan calculator 2024 will help to understand the financial requirements and the amount of sum assured that would be required by the family, and the premium that needs to be paid.

Note: You should also check the term insurance benefits if you are planning to purchase the term insurance plan.

Note: Check out the best term life insurance in India and choose one that suits your requirements.

Premium By Age

Term insurance articles

  • Recent Article
  • Popular Articles
13 Jun 2024


Kotak T.U.L.I.P (Term with Unit Linked Insurance Plan) is a

Read more
05 Jun 2024

Why Should You Consider Inflation When Buying a...

The retail inflation of India rose to 5.69% in December 2023

Read more
29 May 2024

Term Insurance for Individuals with 25K Salary

Securing your family's future is essential, especially when

Read more
28 May 2024

'Har Family Hogi Insured' Policybazaar's Vision...

Empowering Every Household: policybazaar's Commitment to

Read more
23 May 2024

Term Insurance for Individuals with a 35K Salary

Securing your financial future is essential, especially when

Read more
28 May 2024

'Har Family Hogi Insured' Policybazaar's Vision...

Empowering Every Household: policybazaar's Commitment to Nationwide Coverage In a visionary move towards a

Read more
20 Aug 2014

Term Insurance for Women in India

Term insurance for women is a type of life insurance specifically designed for fulfilling women’s needs and

Read more
03 Dec 2020

What Is Saral Jeevan Bima

Saral Jeevan Bima (SJB) is a simple term insurance plan that offers financial protection for policyholder’s

Read more
13 Apr 2021

2 Crore Term Insurance Plan

2 Crore term insurance provides cover amount of 2 Crore as death benefit to your family in the event of your

Read more
07 Mar 2023

TATA AIA Smart Sampoorna Raksha Param Rakshak Plus

TATA AIA Smart Sampoorna Raksha Param Rakshak Plus is a comprehensive life insurance policy for individuals

Read more

Kotak Life Term Insurance Plans Reviews & Ratings

4 / 5 (Based on 26 Reviews)
(Showing Newest 10 reviews)
Boipariguda, March 02, 2021
Claim settlement is quick
One of my friend shared his review on this that the claim settlement of term plan is really good and quick. His plan was of kotak term insurance and it was really good plan with various benefits. The claim was settled on time. Thanks to team of policybazaar for suggesting some good plans.
Aul, February 19, 2021
Good plans
I have recently bought a term insurance plan from the kotak life insurance company and it was the process which was done with the help of policybazaar. I found the product into my budget and much convenient. Such a good plan.
Kheda, July 20, 2016
Kotak Insurance
Term insurance plan of mine is perfect one, and i bought this from kotak mahindra life insurance. Online renewals, updates regarding the policy and many more facilities which reduces tension of waiting in the queue. Nice investment for securing the future and it reduces taxes too.
Gauriganj, July 11, 2016
Term plan
My term plan is perfect one and investment is less. Policy coverage is high and the claims are good which can be easily cleared by the help of staff members of the insurance company. Service is quick and online portal facility makes hassle free documentations and even renewal of the policy can be done.
Ahmednagar, June 29, 2016
The term insurance plan I have is fantastic which has low premium and paybacks are high. Service provided is quick and on time. Internet web service is nice and simple to operate. Hassle free documentations and no paperwork.
Shahabad, April 25, 2016
I purchased kotak life term insurance plan. The premiums are ~Rs.35 K per year. The claims are good and easily sanctioned. Service facilitate by executives and staff members are very nice and fast. The policy saves taxes and it is really very good investment for future.
Kolkata, April 25, 2016
Perfect Policy
Policy plan is wonderful with huge benefits like low premiums and the policy coverage is high 90%. Claims are are good and the payback amount is around Rs.32 L after the policy get mature. Internet services are great with easy interface and vast variety of policies are there with full descriptions. Good future investment.
Haldwani, April 25, 2016
Great term insurance policy plan i got from kotak mahindra life insurance. They has good in facilitate the fast services. Policy coverage is 81% and the claims are good with easy claiming process. The investment is good and it saves taxes also. The behaviour of executives and staff members are very nice.
Delhi, April 25, 2016
Good Service
Kotak mahindra life insurance is one of the perfect insurance providers, i took term insurance policy plan. The policy is good in service and it can be buy online also. The web service is awesome and 5% less for women on premiums. Policy coverage and the claims are high. Due to online facility, it reduces the paper work and the waiting part is erased. It save taxes also.
Lonavla, April 25, 2016
Poor Policy
The term policy plan i have is not up to the mark. The policy coverage is 66% and the claims are less. The premiums are 20 K twice a year. Services are fast and the behaviour of the executives and staff members are good. Some improvement needed in the web site.
Need Help? Request Callback
View Plans
Download the Policybazaar app
to manage all your insurance needs.