Kotak Mahindra General Insurance

Kotak Mahindra General Insurance has presented a wide array of health insurance plans, which come with a lot of benefits and facilities so that the insured person can safeguard himself and/or his family from different types of health hazards. Let us find out various types of health plans for it along with their brief details.

Kotak Secure Shield:

This plan is specially designed to safeguard you from a wide number of critical illnesses mentioned in the policy wordings and also has come up with a bundle of benefits such as personal accident benefit, child education benefit, loss of job benefit (due to illness or accident), and the Kotak Edge facility to protect you and your family financially from the unforeseen medical emergencies. Under this policy, one can avail of the lifetime renewal facility whereas the minimum and maximum entry age for this policy are 18 years and 65 years respectively and the policy period is 1, 2, and 3 years. Apart from the medical cover, you can also avail of tax exemption benefit under Section 80D of the IT Act, 1961on the premium paid towards the critical illness section of the policy.

Kotak Health Care:

It is a comprehensive health insurance plan that keeps you and your family always protected from different types of ailments and diseases as it has come up with a variety of covers such as coverage against medical bills, in-patient treatment benefits, health check-ups once in a year, emergency road ambulance cover and many more along with a wide range of sum insured options, starting from Rs. 2 lakhs to Rs. 100 lakhs. This plan also offers three variants to choose from, namely Excel, Premium, and Prime plan and each plan offers a number of add on covers like hospital daily cash, convalesce benefit, maternity benefit, alternative treatment, and many more make your policy stronger and extended. The minimum entry age for this policy is 5 years (individual policy) and 91 days (floater policy) and the maximum entry age for adults is 65 years whereas, for dependent children, it is 25 years.

Kotak Accident Care:

It is a personal accident policy that is designed to protect the insured person and his family economically as the plan has come up with different covers including death benefit cover, permanent total disability cover, permanent partial disability cover, and temporary total disability cover (weekly benefit) along with many other benefits such as accidental hospital daily cash benefit, accidental hospitalization reimbursement and convalesce benefit. The insured person can also opt for any of the optional benefits to extend the benefits of the policy such as carriage of the dead body, permanent total disablement improvement benefit, permanent partial disablement improvement benefit, children’s education grant, emergency ambulance charges, and funeral expenses extension. The entry age for this policy ranges from 5 years to a maximum of 65 years and one can opt for 1, 2, or 3 years of the policy period.

Kotak Health Super Top Up:

If you feel that your existing health plan cannot provide you adequate covers, you can opt for this top up plan as it works alongside the basic health insurance plan and offers you enhanced benefits at an affordable premium rate. This plan has come up with in-patient hospitalization benefits, daycare treatment, pre, and post-hospitalization cover, ambulance cover, organ donor benefit, alternative treatment facility, double sum insured for hospitalization due to accident facility, and many more. You can cover your entire family under this single plan and can choose from a wide range of sum insured options and multiple variants according to your convenience and one can also avail of tax exemption benefits for this policy under Section 80D of the Income Tax Act, 1961.

Kotak Health Premier:

This is a comprehensive health insurance policy that not only comes with multiple covers but also offers rewards and value-added benefits to keep you and your dearer ones always protected. Any of the three variants (Advantage, Elite, and Edge Plan) of the policy can be purchased on an individual or family floater basis for 1, 2, or 3 years of the policy period and the entry age for the dependent children for this policy starts from 91 days to a maximum of 25 years whereas the minimum entry age for adults is 18 years and the maximum is 65 years of age. Apart from the basic covers, this plan offers a sack full of benefits such as cumulative bonus, restoration benefit, annual health check-up, second E-opinion cover, domiciliary hospitalization facility and lot more and one can also avail of optional covers like a home nursing benefit, compassionate benefit, critical illness cover, cap on room rent, air ambulance cover, newborn baby cover and many more, on the basis of the type of his plan.

Arogya Sanjeevani Policy:

It is a standard and comprehensive health insurance plan with a policy period of 1 year that can be purchased on an individual or family floater basis and the minimum sum insured for this policy is Rs. 50,000 that is subject to a maximum limit of Rs. 10 lakhs. The plan is flexible enough to offer you the portability option to other health insurance policies and the minimum and maximum age limit for this policy is 18 years and 65 years respectively. This plan provides covers for hospitalization charges, ICU or ICCU expenses, cataract surgery, costs for modern and advanced treatments and a fixed co-pay of 5% is applicable for all claims and ages in this policy.

Corona Kavach Policy:

To fight against the global pandemic, Kotak Mahindra General Insurance has included this corona-specific policy that offers coverage for the hospitalization expenses (hospitalization for a minimum period of consecutive 24 hours) arising out of covid treatments on a positive diagnosis of covid from a government recognized diagnostic center along with the pre-hospitalization expenses up to 15 days and post-hospitalization costs, that is subject to a maximum limit of 30 days. Apart from this, the policy also provides road ambulance cover, AYUSH treatment cover and home care treatment benefit and one can also opt for optional cover like hospital daily cash. The policy can be purchased on an individual or family floater basis for a policy period of 105 days, 195 days, or 285 days and the sum insured options range from Rs. 50,000 to Rs. 5 lakhs.

Corona Rakshak Policy:

This is also a standard corona-specific individual health insurance policy that aims to provide a lump sum benefit on the positive diagnosis and hospitalization for Covid-19. The minimum sum insured amount for this policy is Rs. 50,000 and the maximum is Rs. 2.5 lakhs and the waiting period for this policy is 15 days whereas the lifelong renewability, migration, and portability facilities are not available with this policy. Any person in between the age group of 18 years to 65 years can avail of this policy and the proposer with higher age can obtain the policy for adult members of the family without covering himself/herself.

Saral Suraksha Bima:

This is a standard and comprehensive health insurance policy with the policy period of 1 year that can be purchased by any person in between the age group of 18 years to 70 years for self and for the family members (for dependent children the entry age is 3 months to 25 years) having chosen any of the sum insured options ranging from Rs. 2.5 lakhs to Rs. 1 crore. This policy has come up with a wide array of benefits such as death benefit, permanent total disablement cover, permanent partial disablement cover, and cumulative bonus facility along with different optional covers to choose from such as temporary total disablement, hospitalization expenses due to accident, and child education grant benefit. This policy also comes with the lifetime renewal fa
cility.

Kotak Group Health Insurance:

Kotak Mahindra General Insurance has designed a number of comprehensive group insurance policies to provide protection to the employee-employer group and non-employee-employer group members and their families against unforeseen medical hazards and unfortunate accident risks. The company offers 6 group health plans under this category and they are, Kotak Group Health Care, Kotak Group Secure Shield, Kotak Group Accident Protect, Kotak Group Smart Cash, Corona Kavach Group Policy, and Kotak Covid-19 Secure and each policy come with a sack full of benefits and optional covers to strengthen the policy and the policies can be customized according to the convenience of the insured person. Kotak Mahindra also offers several group health insurance policies to cater to the needs of microinsurance customers and the plans are, Kotak Group Health Care – Micro Insurance, Kotak Group Secure Shield – Micro Insurance, Kotak Group Accident Protect – Micro Insurance, and Kotak Group Smart Cash – Micro Insurance.