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.
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:
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 brochures carefully before concluding a sale. Advt. ref. no: KGI/20-21/IA/E-BN/821
Kotak Secure Shield - KOTHLIP19060V021819
Insurance is the subject matter of solicitation. Participation by Kotak Mahindra Bank Ltd.’s customers to buy insurance policy is purely voluntary and there is no direct or indirect linkage between the provision of banking services offered by Kotak Mahindra Bank Ltd. to its customers and products/services offered by Kotak Mahindra General Insurance Company Ltd. Insurance products/services are obligations of Kotak Mahindra General Insurance Company Ltd and are not guaranteed by Kotak Mahindra Bank Ltd. Kotak Mahindra General Insurance Company Ltd. shall be liable or responsible for all matters arising out of or pertaining to the insurance products/ services offered by it.
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