Kotak Mahindra Bank Health Insurance

Kotak Mahindra Bank Health Insurance is a mediclaim policy that provides coverage for healthcare expenses incurred by Kotak Mahindra Bank account holders. It covers a wide range of medical treatments & procedures in association with various health insurance companies. However, the policy remains active as long as the bank maintains its partnership with the insurance company and the customer holds an active Kotak Mahindra Bank account.

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      Kotak Mahindra Bank Health Insurance: Key Highlights

      Categories Specifications
      Pre-existing Diseases Coverage available from day 1
      Validity of Kotak Mahindra Bank Health Insurance Plans 1. Remains active until Kotak Mahindra Bank is associated with the insurer
      2. Remains active until the customer holds an operational Kotak Mahindra Bank account
      Riders Not generally offered
      Premium Payment Auto-debited from the linked Kotak Mahindra Bank account
      Tax Benefits Available under Section 80D of the Income Tax Act, 1961

      Disclaimer: PED waiting period may vary depending on the terms and conditions of the Kotak Mahindra Bank health insurance policy.

      Benefits of Kotak Mahindra Bank Health Insurance

      Take a look at the benefits of buying Kotak Mahindra Bank health insurance for account holders:

      1. Lower Premiums

        Kotak Mahindra health insurance plans often have lower premiums compared to regular medical insurance policies. This is because the bank has partnered with the insurance company to offer better prices. In fact, the bank sometimes offers special discounts to make the plans more affordable for account holders.

      2. Immediate Coverage for Pre-existing Illnesses

        Kotak Mahindra Bank medical insurance plans may cover pre-existing diseases from day 1 of the policy. This is different from most regular mediclaim policies, which require policyholders to wait for a fixed period before these conditions are covered.

      3. Easy Payments

        The premium of a Kotak Mahindra Bank health insurance policy is automatically deducted from the customer's Kotak Mahindra Bank account. This makes the process of paying premiums simple and helps to avoid the risk of a policy lapse.

      4. No Agent Needed

        Bank customers can easily buy a Kotak Mahindra Bank health insurance scheme without needing to find an insurance agent. Instead, the customers can purchase the policy directly through the bank, which makes the process easy and quick.

      5. Plans for Everyone

        From family health insurance plans to health insurance for senior citizens, Kotak Mahindra Bank offers mediclaim policies for everyone. Moreover, these plans can be customised to meet the diverse healthcare needs of the customers.

      6. More Convenient

        Buying a mediclaim policy through Kotak Mahindra Bank is more convenient as the bank manages the entire process, eliminating any hassles.

      List of Plans Offered by Kotak Mahindra Bank Health Insurance

      Listed below are the medical insurance plans offered by the Kotak Mahindra Bank:

      Kotak Mahindra Bank Health Insurance Plans Sum Insured Ideal For
      Zurich Kotak Health Premier Plan ₹2 lakh to ₹2 crore Individuals/Families
      Zurich Kotak Secure Shield Plan ₹10,000 to ₹20 crore Critical Illnesses

      Note: The above Kotak Mahindra Bank health insurance plans are as of May 15, 2025.

      What is Covered by Kotak Mahindra Bank Health Insurance?

      Kotak Bank health insurance provides coverage for the following:

      Note: The exact coverage may vary from one Kotak Mahindra Bank health insurance plan to another.

      What is Not Covered by Kotak Mahindra Bank Health Insurance?

      Check out the expenses not covered by the Kotak Mahindra Bank health insurance plans:

      • Intentional self-harm
      • Obesity or weight loss procedures
      • Dietary substances or supplements
      • Treatment for alcoholism or drug addiction
      • Cosmetic surgery
      • Treatment for injuries due to participation in dangerous or adventure sports
      • Treatment for injuries sustained while violating the law
      • Unproven treatments
      • Congenital external diseases
      • Change of gender treatments

      Things to Keep in Mind While Buying a Kotak Mahindra Bank Health Insurance Plan

      Here are a few things that customers must keep in mind while purchasing a Kotak Mahindra Bank health insurance policy:

      • Validity: The Kotak Mahindra Bank health policy is valid as long as the bank maintains its partnership with the insurance company and the customer has an active Kotak Mahindra Bank account.
      • Coverage: The coverage offered by the Kotak Mahindra Bank health plan may be limited compared to the coverage available with regular mediclaim policies.
      • Choice of Insurance Company: The Kotak Mahindra Bank is partnered with only a few health insurance companies in India, limiting the choice of insurers for the account holders.
      • Riders: Health insurance riders may not be available with the Kotak Mahindra Bank health insurance scheme, which is usually not the case with regular medical insurance plans.

      Kotak Mahindra Bank Health Insurance: FAQs

      • Q1. Does Kotak provide health insurance?

        Ans: Yes, the Kotak Mahindra Bank provides health insurance to its account holders on the payment of cost-effective premiums.
      • Q2. How to file a Kotak Mahindra Bank health insurance claim?

        Ans: To file a Kotak Mahindra Bank health insurance claim, you first need to inform the insurance company or the bank about your hospitalisation within the pre-defined time frame and send a pre-authorisation form to the insurer. Once the insurer approves the cashless request, the insurer will pay the claim amount directly to the hospital on discharge. In case of reimbursement claims, obtain the treatment and submit the necessary documents, including medical bills, doctor prescriptions, test reports, etc., after your discharge from the hospital. The insurer will verify the submitted documents and reimburse you the claim amount upon successful verification.
      • Q3. What is the price of Kotak Mahindra Bank health insurance?

        Ans: The price of Kotak Bank health insurance may vary from person to person and plan to plan. However, you can check the approximate price of the chosen plan in the Kotak health insurance premium chart. You can even get the premium estimate by using a health insurance premium calculator available on Policybazaar.com.
      • Q4. Where can I find the Kotak Mahindra Bank health insurance hospital list?

        Ans: You can find the Kotak Mahindra Bank health insurance hospital list either on the official website of the insurer or by contacting their customer support team. Moreover, you can check the network hospital list of the insurer associated with the Kotak Mahindra Bank on the Policybazaar Insurance Brokers Private Limited’s website.
      • Q5. Is Kotak Mahindra Bank health insurance claim cashless?

        Ans: Yes, the Kotak Mahindra Bank health insurance provides cashless claims.
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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

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      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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