Kotak Life Insurance Eternal Life Plans

While you ensure that your hard-earned money is accessible when you need it the most and your cost for a secure future does not increase with time, Eternal Life Plans look towards offering you and your family lifelong protection. With guaranteed protection for life, opportunity to create wealth, and comprehensive cover options, these plans provide you with a perfect financial solution to suit your needs.
 Why An Ideal Plan
Kotak Eternal Life Plans are participating whole life plans that provide enhanced protection till the golden age of 99. The plans consolidates the benefits of a high cover at lower premiums, cash lump sum benefits at desired stage and a way to care for your spouse into one package thereby making it suitable for someone looking for a complete whole life protection plan.
  • Permanent and complete protection till your 99th birthday
  • Adequate protection to meet your growing needs
  • Cash lump sum to fulfill your dreams
  • Choice of 2 plan options
  • Complete safeguard against uncertainties of Accidental Disability (applicable to Eternal Life Premier Shield only) and Critical Illness (in the form of a rider)
  • Tax Benefits under Sec 80C and Sec 10(10)D
 Key Features
Protection for your family (Death Benefit)
In the unfortunate event of death within the term of the policy, your beneficiary would receive:
  • Bonus (if any) + Interim Bonus (if any) + Terminal Bonus (as applicable), payable on death during the premium payment term
  • Guaranteed Sum Assured + Terminal Bonus(as applicable), payable on death after the premium payment term
Cash Lump Sum In The Form Of Bonus Additions
Eternal Life Plans offers the following benefits during the life of the policy:
Simple Reversionary Bonuses: These bonuses are paid out on the 5th policy anniversary, on death during the premium payment term or on survival to the end of the selected premium payment term.
Interim Bonus: In case of a death claim during the premium payment term in respect of the latest policy year for which the reversionary bonus is yet to be declared.
Additional Terminal Bonuses: Payable only on Maturity or earlier Death, as applicable. These are available throughout the lifetime of the policy.
Special Terminal Bonus: Payable as a lump sum cash benefit on survival by the life insured to the end of the premium payment term.
Plan options
Designed in two unique variants, the product has been packaged to suit different sets and needs of customers:
Eternal Life Premier Shield – Offering a comprehensive Whole life cover till age 99 with premiums that match income and lifestyle.
Eternal Life Classic Shield – Offering a comprehensive Whole life cover till age 99 along with guaranteed level premiums and flexible premium payment term.
 Tax Benefits
Tax Benefits can be availed under section 80C and 10(10D) of Income Tax Act, 1961. Section 80D of the Income Tax, 1961 will apply in case Critical Illness benefit is opted for. Tax benefits are subject to change in tax laws. Please consult your tax advisor for details.


Download Kotak Eternal Life Classic Shield Plan brochure here.

Download Kotak Eternal Life Premier Shield Plan brochure here.


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