Every person has a different need and we at Kotak Life Insurance recognize this. To give you the flexibility to customize and enhance your cover, we offer a set of riders which you may opt for along with your basic policy and shape your policy to suit your individual needs.

The riders may be availed of at the time of purchasing the plan, at a nominal cost. The maximum amount of benefit you can avail is equal to the basic sum assured. The aggregate premium on all value-adds should not, however, exceed 30% of the basic premium.

Term / Preferred Term Benefit
In the event of death of the life insured during the term of this benefit, the beneficiary would receive an additional death benefit amount, which is over and above the sum assured. The maximum amount of benefit that is available is equal to the basic sum assured. Where the Term Benefit cover applied for is more than Rs.10 lakhs, better rates may apply, subject to meeting eligibility requirements.

Accidental Death Benefit (ADB)
This benefit provides an additional amount (over and above the death benefit) to the beneficiary in the event of accidental death of the life insured. Accident is defined as that which causes death by violent, accidental, external and visible means and independent of any physical or mental illness.
The maximum cover available under this benefit is equal to the basic sum assured (subject to a maximum of Rs 10 lakhs)

Permanent Disability Benefit (PDB)
This benefit can be added to the basic life insurance plan to provide financial support in case of permanent disability due to an accident. Permanent Disability is defined as permanent and immediate inability to work or permanent loss of use of two limbs or total and permanent loss of sight.
The maximum cover available under this benefit is equal to the basic sum assured (subject to a maximum of Rs 10 lakhs)

Critical Illness Benefit (CIB)
This benefit can be added to the basic life insurance plan to provide financial support in the event of medical emergencies. On the first occurrence of critical illness during the term of the plan, you would receive a portion of the sum assured to help you reduce your financial burden in this emergency.
The maximum Critical Illness Benefit that you can avail of is equal to half of the basic sum assured(subject to a maximum of Rs 20 lakhs)
Exceptions
Kotak Flexi Plan, Kotak Capital Multiplier Plan, Kotak Retirement Income Plan (with cover) and the Kotak Retirement Plans (Unit-linked with cover), where the maximum Critical Illness Benefit that you can avail of is equal to the basic sum assured^ (subject to a maximum of Rs 20 lakhs)

After the Critical Illness Benefit is paid, the basic sum assured and all the benefits dependent on the basic sum assured will reduce in the same proportion that the Critical Illness Benefit bears to the basic sum assured at the time of claim.

The list of critical illnesses is:

1. Heart Attack (MI)
2. Cancer
3. Stroke
4. Coronary artery by-pass graft surgery (CABG)
5. Kidney failure
6. Major organ transplants
7. Paralysis
8. Loss of limbs
9. Aorta surgery
10. Major burns
11. Heart valve surgery
12. Blindness

^ For Kotak Flexi Plan, SA2 or insurance sum assured.

Life Guardian Benefit (LGB)
In case of the unfortunate death of the proposer, this benefit keeps the policy alive by waiving all future premiums on the policy. This benefit can be availed of only when the life assured and proposer are two different people.

Accidental Disability Guardian Benefit (ADGB)
In case the policyholder is permanently disabled as a result of accident, this benefit keeps the policy alive by waiving all future premiums on the policy.

ELIGIBILITY

Riders available with the different plans is given in the table below :

RIDERS	PLANS
	Kotak Flexi Plan	Kotak Safe Invest ment Plan II	Kotak Easy Growth Plan (5 times cover)	Kotak Capital Multipli er Plan	Kotak Term / Preferr ed term Plan	Kotak Endow ment Plan	Kotak Money Back Plan	Kotak Child Advan tage Plan	Kotak Retire ment Income Plan (with cover)	Kotak Retire ment Plans (unitlink ed with cover)
Term/Preferred Term Cover
ADB
PDB
CIB
LGB
ADGB

Exclusions for Accidental Death Benefit, Permanent Disability Benefit, Critical Illness Benefit and Accidental Disability Guardian Benefit:
Self inflicted injuries, suicide / attempted suicide, insanity, immorality, committing any breach of law or being under the influence of drugs, liquor etc.
When the life insured/ proposer is engaged in aviation or aeronautics other than as a passenger on a licensed commercial aircraft operating on a scheduled route.
Due to injuries from war (whether war is declared or not), invasion, hunting, mountaineering, motor racing of any kind, other dangerous hobbies or activities, or having been on duty in military, para-military, security or police organization.

Additional Exclusions for Critical Illness Benefit:

1. Unreasonable failure to seek or follow medical advice.
2. Any pre-existing medical condition not disclosed at inception.
3. Infection with Human Immunodeficiency Virus (HIV) or condition due to any Acquired Immune Deficiency Syndrome (AIDS)
4. In addition, no benefit would be paid in respect of the exclusions specific to each critical illness.

The above exclusions shall be in addition to the exclusions provided under the Base Policy. Please refer to the policy documents for the complete Terms and Conditions of the riders.