General Insurance 439 views September 11, 2021

Kotak Mahindra General Insurance offers a wide range of insurance products to ensure that you don’t face any financial emergency in case you fall ill, face an accident or lose your vehicle. Some of the popular insurance products that Kotak Mahindra provides are Health Insurance, Car Insurance and Two-wheeler Insurance.

On this page, we will discuss these products in detail so that you can understand each of them better. Also, we will be talking about the reasons to choose Kotak Mahindra General Insurance. Let’s start without any further delay.

Why Should You Choose Kotak Mahindra General Insurance?

One of the key reasons that make Kotak Mahindra General Insurance popular among customers is its hassle-free claim settlement process. The insurance company has been fulfilling the general insurance needs of individuals with its customized products and services.

With more than 4,000 network hospitals across India, you can be assured of getting cashless treatment in case you face a medical emergency. So, you don’t need to worry about your finances as a network hospital will take care of that. The Kotak Group-backed insurance company comes with the benefits of customer-centric operations and fully digitally-enabled processes. In the next section, let’s move on to the different products of Kotak Mahindra General Insurance.

Types of Kotak Mahindra General Insurance Products

As mentioned in the introduction, Kotak Mahindra General Insurance offers a total of three products – Health, Car and Two-wheeler Insurance. We have talked about each of them below. Please check.

Kotak Mahindra Health Insurance

Rising inflation and costly hospital bills in current times have made people realize the importance of health insurance. Kotak Mahindra Health Insurance has a claim settlement ratio of 76.20% in FY 2019-20 which shows you can certainly trust it. Individuals can choose from a wide range of products as per their requirements.

There are eight health insurance products from Kotak Mahindra General Insurance – Kotak Secure Shield, Kotak Health Care, Kotak Health Super Top Up Plan, Kotak Health Premier, Kotak Corona Kavach, Kotak Accident Care, Aarogya Sanjeevani Policy, Corona Rakshak Policy and Saral Suraksha Bima. Under these products, policyholders can get coverage against in-patient hospitalization expenses, day care treatment, domiciliary treatment, pre and post-hospitalization expenses, etc. You can get to choose from a wide range of sum insured options as per your needs. When you choose a health insurance plan from Kotak Mahindra General Insurance, you can also get tax benefits under Income Tax Act, 1961.

Kotak Mahindra Car Insurance

To drive a four-wheeler in India, you must have Car Insurance. If you want to keep your car secure and safe, Kotak Mahindra Car Insurance can help you. With Kotak Car Secure, which is a comprehensive insurance plan, you can protect your finances in case any mishap happens with your car. Some of the key benefits of this insurance product are Damage Cover, Personal Accident Cover, Third-party Legal Liability, Comprehensive Cover, Enhanced Protection, Kotak Edge Facility and No Claim Bonus up to 50% the premium discount.

With features like cashless servicing, NCB discounts & entitlements and premium discounts, Kotak Car Secure can help you deal with any financial loss related to your car. If you are an active member of a recognized Automobile Association of India (AAI), you can get an additional discount on your insurance premiums. With car insurance from Kotak Mahindra General Insurance, you can also choose optional covers by paying an additional premium.

  • Roadside Assistance
  • Depreciation Cover
  • Consumables Cover
  • Engine Protect
  • Return to Invoice

Kotak Mahindra Two-wheeler Insurance

If you want to have your two-wheeler ride free from any worries, Kotak Mahindra Two-wheeler Insurance can be suitable for you as it covers both liability and own damage related to your two-wheeler. Some of the key benefits are loss or damage cover caused by natural calamities, third-party liability cover and personal accident cover for owner-driver up to INR 15 lakh. You can also choose to cover your co-passengers by paying an additional premium. Have a look at some of the features of Kotak Mahindra Two-wheeler insurance.

  • Option to choose from multiple tenures of 1, 2 or 3 years
  • No increase in third-party premium
  • No Claim Bonus facility
  • Additional Discount on premium for AAI members

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