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Kotak Life Insurance Calculator

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*Data according to IRDA Annual Report (2018-19)
*Please note that the quotes shown will be from our partners

Kotak life insurance calculator is an online tool to calculate the premium amount of the life insurance policy. It calculates the premium according to the plan, age, policy term, sum assured etc. Purchasing the life insurance policy online is the best possible way. If you are looking to buy Kotak life insurance policy online then using its calculator can be very beneficial for you. It is a smart way to purchase the life insurance policy according to your budget and requirements.

Benefits of Using Kotak Life Insurance Calculator

Using Kotak life insurance calculator is a beneficial in lots of ways. Kotak life insurance calculator not only helps you calculate the premium but also lets you compare different plans and figure out the best one that suits your needs. Here are some more benefits of using calculator by Kotak life insurance.

  • Quick & Smart Way to Calculate Premium: Kotak life insurance calculator is a quick and smart way to purchase the life insurance plan of your choice. It provides you the premium rates of the plan you want to purchase without any miscalculation.

  • Calculates Actual Amount: Kotak life insurance calculator provides you the exact amount that you have to pay for your desired coverage. The calculator gives you the exact idea of the amount you would want to spend on the life cover so that you can plan your expenditure accordingly.

  • Compare then Choose: The kotak life insurance calculator lets you compare different plans. You can compare the premium rates of different life insurance plans. It makes your decision making while choosing the right plan easy and you get to choose the right plan according to your needs.

  • Tax Benefits: Under Section 80C of the Income Tax Act, you can also avail tax benefits.
    *Tax benefit is subject to change in tax laws.

Purchasing the kotak life insurance policy online after using the premium calculator makes you work easy. It is beneficial for you in every way. It is quick as well as cost-effective.

How to Use Kotak Life Insurance Calculator

Kotak life insurance calculator lets you calculate the premium in 3 easy steps. They are as follows:

Step 1

While calculating the premium using Kotak life insurance calculator, you’ll have to fill in your age, gender, number of children, annual income, marital status.

Step 2

After filling in the personal details, you’ll have fill the type of policy you’re looking for or the name of the policy. Then you’ll have to fill in the tenure and premium payment term, as well as desired sum assured. You can also add-on some features you want.

Step 3

After the calculation, it will show you some good life insurance plans according to the details you have filled. Then you can compare and choose the best Kotak life insurance plan and proceed to buy.

It is advised by the insurance experts to purchase the life insurance plan online. Online purchase of the life insurance plan tends to have more benefits than offline purchase. It reduces the additional fee of the insurance agent as well. Be Smart Buy Smart.

Written By: Paisawiki - Updated: 31 March 2021