Persons to be covered: Customers of Kotak Mahindra Bank Ltd. | Age Band: 18 to 50 Yrs

Policy Terms: 1 Year

Cover will commence from the date subsequent to the policy year expiry or from the date of receipt of renewal premium whichever is later subject to premium being received before the expiry of the grace period.

Plan Benefit

  • Covers* Hospital Daily Cash Benefit: This cover will pay a specified daily cash amount for every Completed 24 hours of hospitalisation. Benefit Amount: Rs. 5,000 per day for max. no. of 30 days.
  • Covers* Day Care Procedure Benefit**: This cover will pay a specified daily cash amount if an Insured Person undergoes a Day Care Procedure as an inpatient for less than 24 hours in a Hospital. Benefit Amount: Rs. 5,000 once during a year
  • Covers* Premium# (inclusive of GST) per person per year: Rs. 2,999

 

Other Terms*

  • Deductible (days): Nil
  • Policy basis: Individual
  • 30 days waiting period: Applicable
  • Specified disease/ procedure Waiting Period: Applicable
  • Pre-existing disease waiting period: Applicable

Exclusions^

  • Domiciliary hospitalization
  • Expenses related to sterility and infertility.
  • Treatment for, alcoholism, drug or substance abuse
  • Claims attributable to war, invasion, or related hostilities etc.
  • Nuclear fission, radiation etc

.^ For complete list of exclusions, please refer to policy wording.


Kotak Mahindra Bank Ltd. is a Corporate Agent of Kotak Mahindra General Insurance Company Ltd.

Registered Address: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. 

IRDAI License No. CA0250. Kotak Mahindra General Insurance Company Ltd. 

Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051. Maharashtra, India. Toll Free: 1800 266 4545, Email: care@kotak.com. website: www.kotakgeneralinsurance.com. 

CIN: U66000MH2014PLC260291. IRDAI Regn. No 152.

Participation by customers of Kotak Mahindra Bank Ltd. (the Master Policy holder) shall be purely on voluntary basis and subject to the terms and conditions of Group Master Policy No. KGSC-M117. Kotak Mahindra Bank Ltd. is the Master Policy holder and insurance under the Master Policy is underwritten by Kotak Mahindra General Insurance Company Limited. Trade logo displayed above belongs to Kotak Mahindra Bank Ltd. and is used under license. The advertisement contains only an indication of the covers offered. *For more details on risk factors, terms, conditions, coverages and exclusions, please read the sales brochure/policy wording carefully before concluding a sale. **For complete list of day care procedure, please refer to policy wording. #Additional 1% Kerala flood cess on the premium (excluding GST) shall be levied in the state of Kerala as per the Kerala Finance Act, 2019 and the Kerala Flood Cess Rules, 2019. 

Advt. Ref. No: KGI/21-22/II/P-LF/1184. Kotak Group Smart Cash UIN: KOTHLGP21220V022021

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