Kotak Accident Care Plan
  • Funeral expenses extensions
  • Children’s education grant
  • Lifelong renewability
Kotak Health Insurance
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Network hospitals

9000+

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Incurred claim ratio

56.01%

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Sum insured

Up to 25 Lakh

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No. of Plans

17

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Solvency Ratio

2.2

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Pan India Presence

19

Customized Health Insurance Plan for you.

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Select Members You Want To Insure

Age of Eldest Member

premium

Network hospitals

9000+

premium

Incurred claim ratio

56.01%

premium

Sum insured

Up to 25 Lakh

premium

No. of Plans

17

premium

Solvency Ratio

2.2

premium

Pan India Presence

19

Kotak Accident Care - Personal Accident Policy

Out of 1.35 million deaths happening in road crashes, almost 93% of the accidental deaths occur in averagely developed countries like India. We’re not claiming this verdict, it’s quoted in a recent news post on the 15th of May 2024 of the World Economic Forum.

If you want to prevent such an event, own a shield of Kotak Accident Care plan that covers all expenses arising from treatment/hospitalization due to an accident. The plan’s basic features are categorised into two sections- A & B which you’ll learn further on this page.

In addition, the insurer will pay for your accidental death, PTD, PPD, and TTD upto the sum insured. Not only this, the insurer also compensates for the reparations caused due to the accident aiming to help you support a regular lifestyle and focus on your speedy recovery. If the policyholder is incapacitated to earn their regular income (loss of income), after TTD, the company will compensate them weekly for up to a maximum of 100 weeks.

Additionally, the Kotak Accident Care policy ensures your children’s further education (optional cover) by giving them aid till they turn 25 years of age. Remember, all the benefits under Sections A & B shall be delivered upto a specified limit mentioned in your policy’s documents. It also pays out to their family for funeral expenses, ambulance charges, transportation of the insured’s dead body to their native residence, and so on.

This is not yet done! Kotak Accident Care insurance has many more benefits to offer, read on to know what more one can expect from this insurance product.

Eligibility Criteria for Kotak Accident Care Insurance

Child Entry Age

Minimum - 5 years

Adult Entry Age

Maximum - 65 years

Sum Insured

NA

Plan Type

Individual

Policy Term

1/2/3 years

Initial Waiting Period

NA

*The Initial Waiting Period is the period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.

To know more about the plan read the policy wording provided below:

Specifications of Kotak Accident Care Plan

Specifications What will the insured get?
Section A
Accidental death On the death of the insured individual due to an accident, the company will pay the sum insured, given that the event of their death was caused within 12 months of the accident.
Permanent Total Disablement (PTD) It covers conditions specific to the policy wordings like loss of sight in both eyes, loss of both limbs or the loss of body parts that hinder the insured from working/staying employed, the insurer will pay the sum insured.
Permanent Partial Disablement (PPD If the insured person gets PPD based on the conditions specified, the company will pay out upto 100% of the sum insured, if the disability is proved within 12 months from the accident.
Temporary Total Disablement (TTD) If the disability incapacitates the insured person from staying employed, the insurer will pay upto a maximum of 100% of the sum insured weekly and as per the specifications of the policy wording.
Section B
Accidental hospital daily cash benefit The insurer pays out upto a fixed amount during hospitalization, daily.
Accidental hospitalization expenses reimbursement The insured individual can also claim a reimbursement against the expenses incurred on hospitalization.
Convalescence benefit The insurer compensates in terms of income loss upto a sum of INR 10,000 during hospitalization for consecutive 10 days (minimum).
Optional covers
Transportation of the dead body The claim raised regarding dead body carriage to the insured’s residence will be paid upto the sum insured or as per the specifications of policy documents.
Permanent total disablement improvement benefit If the insured person has gotten a PTD condition and it’s mandatory to make any lifestyle changes respective to their residence or mobility, the company will cover the cost of the altercation upto the specified limit or the sum insured.
Permanent partial disablement improvement benefit Lifestyle or mobility changes are to be made as per the medical practitioner’s mandate to support their daily life and shall be covered by the insurer upto the maximum sum insured or specified limit.
Children’s education grant The company aids insured children’s future upto the specified sum insured as per opted benefits, by giving them a chance to pursue further education until they are under 25 years of age.
Ambulance charges The Kotak Accident Care policy ensures seamless transportation of the insured individual in time of distress (from the event spot) to the hospital.
Funeral expenses extensions In case of the insured’s death, the company will pay out against the funeral expenses supporting their family’s finances.

Note 1: The policy proposer can opt for any of the sections from 1 & 2. Opting at least one Section is mandatory.

Note 2: The payouts with either of the sections will be covered upto the highest opted sum insured. Once the compensation/payout is credited to the insured’s account, the policy will be terminated simultaneously.

Exclusions under the Kotak Accident Care Policy

Death, accident, or injury caused due to intentional self-injury, suicide/attempted suicide

Alcoholism or drug abuse

Warfare/war-like activities

Mental, nervous or emotional disorder

Breach of law or unlawful activity

Vaccination

Change of gender treatments

Beauty treatment, dental treatment, eye treatment, plastic surgery (except caused due to an accidental injury)

Adventure and risky sport or any other hazardous sports

Contamination/issues caused by nuclear fuel, nuclear waste, nuclear weapon materials

For a complete list of exclusions, please read the policy wordings attached above thoroughly

Summary

Kotak Accident Care policy is the additional layer of protection for you and your family in times of distress. No wonder, life is so unpredictable and we never know how deep the scars of an accident can be to wreak havoc on your family.

So, better today than later. Safeguard and prepare your loved ones before it’s too late. To know more about the Kotak Accident Care plan, reach out to us at 1800 4200 269.

Explore other Kotak Health Insurances

Family Plan

Kotak Health Care

Kotak Health Care protects you and your family financially against medical emergencies. The plan comes in three variants- Excel, Platinum and Prime.

Unique Features

  • Enhanced coverage
  • Free Annual Health Check-ups
  • Lifetime Renewability

Comprehensive

A comprehensive health plan that offers protection plus rewards and value-added benefits. Additionally, the plan also comes with in-built maternity coverage.

Unique Features

  • Long Term & Family Discounts
  • Zone-wise premium classification
  • Critical Illness cover

Standard

Kotak Arogya Sanjeevani Policy

It is a standard health insurance plan that offers medical coverage of up to 10 Lakhs. Also, a fixed co-pay of 5% is applicable for all claims and ages in this policy

Unique Features

  • Coverage for cataract treatment
  • Modern treatments covered
  • Cumulative bonus of 5%

Critical Illness

Kotak Secure Shield

A critical illness insurance plan that covers the expenses incurred in treating critical illnesses by paying a one-time lump sum insured to the beneficiary.

Unique Features

  • Child education benefit
  • Personal accident benefit
  • Loss of job benefit

Top-up

Kotak Super Top-up

Kotak Super Top-up plan offers additional coverage to the policyholder to meet his/her medical expenses in case their base health coverage is exhausted.

Unique Features

  • 100% restoration of SI
  • Ambulance coverage up to 2,000
  • AYUSH Cover

Corona Specific

Corona Kavach Policy

Corona Kavach policy is a standard individual health insurance policy that protects you against hospitalization expenses that occur due to COVID-19.

Unique Features

  • Home care treatment expenses
  • Optional cover available
  • Benefit of up to 100% of SI

Corona Specific

This plan is designed to provide you with accidental death and disability coverage, and a children’s education grant.

Unique Features

  • Accidental death cover
  • PTD & PPD cover
  • Child education grant

Kotak Accident Care: FAQs

1. What is the convalescence benefit of the Kotak Accident Care plan?

This policy provides INR 10,000 for upto 10 consecutive days as convalescence benefit on hospitalization.

2. Can I renew my Kotak Accident Care policy?

Yes, there’s a lifelong renewability available with this plan.

3. What are the major features of the plan?

It covers accidental death, PTD, PPD, TTD, daily hospital cash benefits, convalescence benefits, and children's education grants.

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