Health Insurance

Gone are the days when critical illnesses like heart attack, cancer etc. were rarely heard of. Hospitalization and treatment costs for such illnesses can cause a huge dent in financial savings. So how does one shield against such unforeseen expenses and make sure that there is no compromise on the quality of healthcare? Kotak Secure Shield is a Benefit Product designed keeping this in mind to shield you & your family against such adversities and provide a financial cushion. You can opt for critical illness, personal accident and/or loss of job benefits.

KEY BENEFITS:

Critical illness Benefit - Provides financial cushion by paying a onetime Sum Insured covering 18 types of critical illnesses, procedures & medical events enumerated below.

Personal Accident Benefit - The policy provides financial stability for the family in case of death of the insured due to an accident or permanent total disability

Child Education Benefit - An extension of the Personal Accident Benefit, ensures that a child’s future is not financially impacted as a result of accidental death or permanent total disability of the insured parent.

Loss of Job Benefit - Loss of Job Benefit is applicable for loan linked policies taken by salaried persons.

Flexible policy period of 1 to 3 years - Choose from a flexible policy period of 1 to 3 years depending on your convenience. You can renew your policy at the end of every policy period chosen.

Income tax benefit - Avail tax benefits on the premium paid towards Critical Illness section of your policy under Section 80D of the Income Tax Act, 1961.

Critical Illness Benefit

• First diagnosis of the below-mentioned Illnesses: 
  • Cancer of specified severity
  • Kidney failure requiring regular dialysis 
  • Multiple Sclerosis with persisting symptoms 
  • Motor Neurone Disease with Permanent Symptoms 
  • Benign Brain Tumor 
  • Primary Pulmonary Hypertension 
  • End Stage Liver Disease/Failure
• Undergoing for the first time of the following surgical procedures:
  • Major Organ / Bone Marrow Transplant 
  • Open heart replacement or repair of heart valves 
  • Open chest CABG 
  • Aorta Graft Surgery
• Occurrence for the first time of the following medical events: 
  • Coma of Specified Severity 
  • Stroke resulting in permanent symptoms 
  • Permanent Paralysis of Limbs 
  • First Heart Attack- of specified severity 
  • Third Degree (or Major) Burns 
  • Deafness or Loss of Hearing 
  • Loss of Speech