Buy a life insurance plan in a few clicks

Now you can buy life insurance plans completely online right here.

  • Kotak e-Term Plan

    Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.

  • Kotak e-Assured Savings Plan

    Kotak e-Assured Savings Plan not only provides affordable protection but also helps accrue wealth for accomplishing your upcoming financial aims by giving guaranteed benefits.


Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Kotak POS Bachat Bima

A Non-Linked Non-Participating Life Insurance plan

Kotak Life Insurance presents a simple savings and protection oriented plan, which provides all guaranteed benefits while giving life insurance cover – Kotak POS Bachat Bima. The plan provides options for life insurance coverage to suit your needs along with providing guaranteed benefits. The plan is not only simple to understand but also will be easy to purchase.

How it works

  • Mr. Naidu, 30 years, decides to invest in ‘Life’ Plan Option with an Annual Premium* of Rs. 25,000 for a policy term of 20 years and a Basic Sum Assured of Rs. 3,48,728

  • At the end of 5 years, Total premiums paid will be Rs. 125,000 while accrued Guaranteed Yearly Additions will be Rs. 18,750

    At the end of 10 years (i.e. end of PPT), Total premiums paid will be Rs. 250,000 while accrued Guaranteed Yearly Additions at the end of 10th year and 15th year would be Rs. 37,500 and Rs. 56,250 respectively

  • At the end of the policy term, Maturity Benefit payable will be equal to the sum of: [Basic Sum Assured (Rs. 3,48,728) PLUS accrued Guaranteed Yearly Additions (Rs. 75,000) PLUS Guaranteed Loyalty Addition (Rs. 43,750)] = Rs. 4,67,478

  • In case of an unfortunate event of Mr. Naidu’s death during the term of the plan, his nominee would receive Sum Assured on Death + Accrued Guaranteed Yearly Additions (till the date of death)

    * Above Premium figures are exclusive of Goods and Services Tax and Cess. Goods and Services Tax and Cess thereon, shall be charged as per the prevalent tax laws over and above the said premiums.

Key features

  • Plan options to choose from – Life & Life Plus

  • Double protection cover on accidental death with Life Plus option

  • * Guaranteed Yearly Additions accruing throughout the policy term

  • * Guaranteed Loyalty Addition payable on maturity

  • Limited premium payment terms of 8 & 10 years


  • Entry Age (last birthday)

    • Minimum: 12 years
    • Maximum: 45 years

  • Maturity Age (last birthday)

    • Minimum: 28 years
    • Maximum: 65 years

  • Policy Term (Fixed)

    • 16 years / 20 years
  • Premium Levels

    • Minimum: Rs. 15,000 p.a.
    • Maximum: Based on maximum Basic Sum Assured capped at Rs. 10 lakhs subject to Underwriting acceptance

  • Premium Payment Term (PPT)

    • Limited: PPT Policy Term
    • 8 years 16 years
    • 10 years 20 years

  • Premium Payment Mode

    • Yearly, Half yearly, Quarterly, Monthly
  • Premium Modal Factor

    • Following modal factors will be used to calculate installment Premium:
    • Yearly – 100% , Half yearly – 51% , Quarterly – 26% , Monthly – 8.8%

  • Basic Sum Assured

    • Will be derived based on Premium, Age, Policy Term and Plan Option chosen.
    • Maximum Basic Sum Assured : Rs.10 Lacs per Life Insured


Download the brochure to know more about the plan and how it can benefit you.

Need help with life insurance?

Request a Life Advisor

Select City
Savings and Investments Plans

Call on toll free number 1800 209 8800(8:00 am to 10:00pm)

Call our toll free number and our representative will help you buy the most suitable plan.

Read about Tax benefits & Plan Disclaimer

Tax Benefits & Disclaimers

You may avail of tax benefits under Section 80C and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. You are advised to consult your Tax Advisor for details. Goods and Services Tax and Cess as applicable shall be levied over and above premium amount shown here as per applicable tax laws.

Terms & Conditions:

* Guaranteed benefits due under this plan are available provided premiums are paid regularly for the entire premium payment term and the policy is in force. This is a non-linked, non-participating endowment plan. This is a saving and protection oriented plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

Kotak POS Bachat Bima UIN: 107N117V01, Form No: N117, Ref. No.: KLI/17-18/E-WEB/703

Kotak Mahindra Life Insurance Company Ltd. (Formerly known as Kotak Mahindra Life Insurance Company Ltd.(Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.)); Regn. No.: 107, CIN: U66030MH2000PLC128503, Regd. Office: 2nd Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai - 400 051. Website: Toll Free No. – 1800 209 8800


IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums
  • IRDAI does not announce any bonus
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Ltd. (formerly known as Kotak Mahindra Life Insurance Company Ltd.(Formerly known as Kotak Mahindra Old Mutual Life Insurance Ltd.)) under license.

Similar plans

  • Kotak Gramin Bima Yojana

    Kotak Gramin Bima Yojana provides you the benefit on maturity of the plan an also offers protection against uncertainties with the ease of paying a one-time premium.

    Know more
  • Kotak Sampoorn Bima Micro-Insurance Plan

    Kotak Sampoorn Bima Micro Insurance Plan is a single premium plan with fixed term of 5 years to cater to the needs of low-income customers.

    Know more
  • Kotak Classic Endowment Plan

    Kotak Classic Endowment Plan is a long term protection cum savings plan that offers protection benefit while earning bonuses during the policy term.

    Know more
  • Kotak Premier Endowment Plan

    Kotak Premier Endowment Plan offers Guaranteed Additions in the first 5 policy years and also works to provide you a corpus through continued bonuses.

    Know more
  • Kotak Assured Income Plan

    Kotak Assured Income Plan guarantees you an additional income every year for fixed 15 years so that you can enjoy life cover for the entire policy term.

    Know more
  • Kotak Premier Income Plan

    Kotak Life Insurance presents Kotak Premier Income Plan a savings and protection oriented plan that provides Guaranteed Annual Income immediately after the premium payment term to provide you with an additional annual income.

    Know more
  • Kotak Guaranteed Savings Plan

    A Non-Linked Non-Participating Life Insurance plan

    Know more
  • Kotak SmartLife Plan

    A Limited Pay Non-Linked Participating Life Insurance plan. You earn and work hard to accomplish your dreams and aspirations at every stage of life.

    Know more
  • Kotak Single Invest Plus

    Kotak Single Invest Plus is a single premium unit linked plan where, by just paying once, you can reap benefits and also stay protected.

    Know more
  • Kotak Wealth Insurance

    Kotak Wealth Insurance is a unit-linked insurance plan (ULIP) that allows you to build a corpus of money by regularly investing in funds of your choice while protecting your family.

    Know more
  • Kotak Invest Maxima

    Kotak Invest Maxima is an investment oriented unit-linked life insurance plan with maximum premium allocation and a Systematic Switching Strategy that allows you to enter the equity market in a systematic manner.

    Know more
  • Kotak Single Invest Advantage

    Kotak Single Invest Advantage is a hassle-free unit linked plan, where you invest once and reap the benefits throughout the policy term.

    Know more
  • Kotak Platinum Plan

    Kotak Platinum is an investment plan with an unmatched combination of three investment strategies and flexibilities for complete control over your investments.

    Know more
  • Kotak Ace Investment

    Kotak Ace Investment Plan is designed with the clear objective of helping you accumulate wealth and provide you adequate life cover.

    Know more
  • Kotak Assured Savings Plan

    Kotak Assured Savings Plan is an affordable protection plan that enables you to accumulate wealth and strengthens your finances for the future.

    Know more
  • Kotak Premier Life Plan

    Kotak Premier Life Plan is a limited premium paying participating whole life plan, where you can choose to receive bonus payouts even after premium payment term expires.

    Know more
  • Kotak Premier Moneyback Plan

    Kotak Premier Moneyback Plan is a limited pay plan that provides lump sum payouts at regular intervals to meet your interim financial requirements and let you offer the best to your family.

    Know more
  • Kotak Assured Income Accelerator

    Kotak Assured Income Accelerator ensures that you get Guaranteed Income every year on the same amount of savings and that the Guaranteed Income increases year on year.

    Know more