Kotak Mahindra Health Insurance Benefits

Kotak Mahindra Health Insurance

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Highlights

4,000+ Network Hospitals

3,49,931 Policies Issued

47% Incurred Claim Ratio

Lifelong Renewability

55.74% Claim Settlement Ratio

In-House Claim Settlement

Benefits of Kotak Mahindra Health Insurance

Incorporated in the year 2014, Kotak General Insurance is a 100% subsidiary of Kotak Mahindra Bank Ltd. One of the fastest growing general insurance companies in India, Kotak General Insurance is a part of the Kotak Mahindra Group, one of India's leading financial services conglomerates. Aimed towards offering customised products, state of the art technology, and digital infrastructure, Kotak General Insurance provides a series of motor and health insurance solutions that cater to the needs of one and all. 

Established to serve the ever-growing Indian market of non-life insurance division, Kotak General Insurance has a national footprint of 13 branches across the country. Moreover, the employee base counts as 354 (as on 31 December 2017). The company offers comprehensive health insurance plans that are dedicatedly designed to serve the diverse needs of individuals as well as families.

Health insurance plans by Kotak General Insurance are renowned for their wide coverage and numerous benefits. Providing the best possible plans, according to the varied health insurance requirements, irrespective of customer segment & geographies is the ultimate objective of the insurer.

  • Additional Benefit of Free Health Check up

    Under its plans, the insurer offers the additional benefit of one free health check-up per year at any of the network hospitals. The insured individual must be above 18 years of age. Note that utilising the free health check-up benefit does not affect the base annual sum insured or cumulative bonus.
  • Additional Protection over Employer Coverage

    Employer sponsored group health insurance plans are quite common in today’s time. Contrary to what most employees think, these plans do not provide the best help whether in terms of coverage or other services in case of emergencies. To ensure proper care at a crucial time, one can opt for a separate health insurance plans by Kotak General Insurance and increase their existing group health cover without paying too much premium.
  • Cashless Benefit

    Kotak General Insurance offers the benefit of cashless claims to save its policyholders from worrying about huge medical expenses. Policyholders can not only avail reimbursement of medical bills, but also cashless settlement when being treated at a network hospital.
  • Claim Settement Ratio

    Claim Settlement Ratio or CSR is the ratio of the claims settled by the insurer against the total number of claims presented on it in one financial year. Kotak General Insurance has a 55.74%* CSR. *The claim settlement ratio change from time to time.
  • Coverage against Medical Expenses

    Kotak General health insurance plans offer comprehensive coverage to one and all. Be it an individual or an entire family, the insurer offers broad coverage on medical expenses such as inpatient treatment, pre and post hospitalisation, day care treatments, ambulance cover, and various others.
  • Incurred Claim Ratio

    Incurred Claim Ratio or ICR measures the earned premium, which is spent in paying claims. Kotak General Insurance’s ICR for the financial year 2018-19 was 47%*. This shows that the insurer managed to keep the ratio below 100% and earned a profit which strengthened its financial condition. *The incurred claim ratio change from time to time.
  • Tax Benefit

    Premiums paid towards Kotak General health insurance plans qualify for deduction under Section 80D of the Income Tax Act, 1961.

Kotak Mahindra Health Insurance Plan List

Name of PlanSum Insured
Kotak Health Care Min: 91 Days; Max: 65 Years2 Lakh Get Quotes Now
Kotak Secure ShieldMin: 18 Years; Max: 65 Years5 Lakh Get Quotes Now
Kotak Health PremierMin: 91 Days; Max: 65 Years3 Lakh Get Quotes Now

Kotak Mahindra Health Insurance Top Up List

Name of PlanSum Insured
Kotak Health Super Top UpMin: 91 Days; Max: 65 Years3 Lakh Get Quotes Now

Kotak Mahindra Health Insurance User Reviews

What users are saying
  • It was very much required

    Hi all, i have purchased this super top up policy 3 weeks back on family floater basis. Let me tell you that a...

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    N
    Kotak Health Super Top Up
    By Nishant Kumar
    On: Feb 11, 2020
  • Saved my savings

    Kotak Secure Shield Plan is a great option for anyone who wants a safe, secure cover for critical illness...

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    H
    Kotak Secure Shield
    By Hemant Pandey
    On: Feb 11, 2020
  • My latest insurance

    It has been only 15 - 20 days that i bought this insurance policy by kotak. I would say that it is a worthy pu...

    Read More
    M
    Kotak Health Premier
    By Mohinder
    On: Feb 10, 2020
  • Great experience as of now

    I want to thank insurancedekho for helping me get this cover. Must say that i made the right choice because th...

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    H
    Kotak Secure Shield
    By Harshit Johri
    On: Feb 07, 2020
  • Good one for me

    I was introduced to kotak health premier by insurancedekho team. They suggested it was the best for me and my ...

    Read More
    J
    Kotak Health Premier
    By Jagpal Singh
    On: Feb 06, 2020
  • Good financial support

    This plan is very helpful in managing medical expenses. I got this cover for less premium amount, but got cove...

    Read More
    G
    Kotak Health Care
    By Girdhari Prasad
    On: Feb 06, 2020
  • A fine super top up

    I am so thankful to insurancedekho team for recommendation of this policy. It is because of your support that ...

    Read More
    S
    Kotak Health Super Top Up
    By Sudhanshu
    On: Feb 04, 2020
  • Nice, less premium plan

    I want to first thank insurancedekho for suggesting this policy to me. My premium amount is very low for so mu...

    Read More
    S
    Kotak Health Premier
    By Suraj Mohan
    On: Feb 04, 2020
  • Can’t think of a better plan

    Ever since i have purchased this policy, i am grateful to insurancedekho people for their support. It is becau...

    Read More
    A
    Kotak Health Care
    By A S Rawat
    On: Feb 03, 2020
  • New experience but good

    I am a very new customer of this plan. I have had kotak plans before, but this one is new because of critical ...

    Read More
    N
    Kotak Secure Shield
    By Neha Patil
    On: Feb 03, 2020

Kotak Mahindra Health Insurance Contact Details

Reach us for help anytime

Kotak Mahindra Health Insurance FAQs

  • Why should I buy a health insurance policy from Kotak General Insurance?

    Kotak General Insurance is an ideal choice for both, individuals as well as families that wish to invest in health insurance without breaking their bank. Reasons that make the insurer different than the others include customer-centric operations, customised products & services, digitally enabled processes, efficient claims handling, strong management practices, team of experienced professionals, and others. Talking specifically about policies, the insurer provides comprehensive coverage against the expenses of medical treatment in case of medical emergencies, and that too at a low premium.

     

  • How to buy and apply for Kotak Mahindra health insurance policy?

    To apply for and purchase a Kotak Mahindra health insurance policy online, you can either visit the official website of Kotak General Insurance or www.insurancedekho.com. If possible, you can also visit the nearest branch of Kotak General Insurance and uncover more about different policies offered and learn about their purchase in a detailed manner.

  • What are the health insurance policies offered by Kotak General Insurance?

    Under its health category, Kotak General Insurance offers plans such as Kotak Secure Shield, Kotak Health Premier, Kotak Health Care, Kotak Accident Care, and Kotak Health Super Top Up. 

  • Does Kotak General Insurance offer critical illness cover?

    Yes, Kotak General Insurance provides comprehensive coverage for 18 types of critical illnesses under its Kotak Secure Shield policy.

  • What is the Claim Settlement Ratio of Kotak General Insurance?

    The claim settlement ratio of Kotak General Insurance for the year ended March 31, 2018 is 55.74%.

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