Kotak General Secure Shield insurance

Kotak General Secure Shield insurance benefits

• Eligibility Criteria of Kotak General secure shield insurance

  • Entry Age
    • Minimum: 18 years
    • Maximum: 65 years
  • Renewal Age: Life-long renewals allowed
  • Policy Period : Options of 1, 2 & 3 years

• Key Benefits

  Following are four major benefits of Kotak Secure Shield plan. Comprehensive critical illness cover: Upon diagnosis of any of the 18 types of critical illnesses, in case of other medical emergencies, and while undergoing surgical procedures, you are entitled to receive a one-time sum insured. This helps you meet your medical expenses as well as other financial obligations, such as payment of an existing debt or any other emergency expenses.
  
  Personal Accident benefit: In case of death or permanent total disability due to an accident, your family members may get the personal accident benefit, thus providing them financial stability.
  
  Child Education benefit: In an event of your demise or permanent total disability, our critical illness cover will ensure that your child will continue to receive uninterrupted education.
  
  Loss of Job Benefit (due to illness/ accident): This benefit provides financial support in case of loss of job due to illness or accident if there is a financial liability in the form of a loan. The maximum benefit payable is upto 3 EMI amount due against the declared loan. Non loan-linked policies cannot opt for loss of job benefit.
  
  

  Disclaimer:“For the detailed list of exclusions under the policy, kindly refer to the same provided in your policy kit”

• Critical illnesses Covered under the Policy

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

• Coverages of Kotak General Secure Shield insurance

  • Comprehensive critical illness cover :Upon diagnosis of any of the 18 types of critical illnesses, in case of other medical emergencies, and while undergoing surgical procedures, you are entitled to receive a one-time sum insured. This helps you meet your medical expenses as well as other financial obligations, such as payment of an existing debt or any other emergency expenses.
  • Personal accident benefit :In case of death or permanent total disability due to an accident, your family members may get the personal accident benefit, thus providing them financial stability.
  • Child education benefit :In an event of your demise or permanent total disability, our critical illness cover will ensure that your child will continue to receive uninterrupted education.
  • Loss of job benefit (due to illness/ accident) :This benefit provides financial support in case of loss of job due to illness or accident if there is a financial liability in the form of a loan. The maximum benefit payable is upto 3 EMI amount due against the declared loan. Non loan-linked policies cannot opt for loss of job benefit.

• Exclusions of Kotak General Secure Shield insurance

  • Any Pre-existing Diseases will not be covered for a period of 48 months of continuous coverage under the policy
  • First occurrence of any medical condition or event within 90 days of policy commencement
  • Any claim arising or resulting from Insured Person committing any breach of the law with a criminal intent.
  • War, invasion, act of foreign enemy, hostilities (whether war be declared or not) civil war, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrests, restraints and detainment of all Heads of State and citizens of whatever nation and of all kinds and acts of terrorism.
  • Ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel. For the purpose of this exclusion, combustion shall include any self-sustaining process of nuclear fission. Nuclear weapon materials.
  • Usage, consumption or abuse of substances intoxicants, hallucinogens, alcohol and/or drugs.
  • Self-destruction or self inflicted injury, attempted suicide or suicide.
  • Any sexually transmitted diseases. Acquired Immuno Deficiency Syndrome (AIDS), AIDS related complex syndrome (ARCS) and all diseases caused by and/ or related to the HIV.
  • Any consequential or indirect loss or expenses arising out of or related to any event giving rise to a Claim under the Policy.
  • While serving in any branch of the Military or Armed Forces of any country during war or warlike operations.
  • Any act of terrorism regardless of any other cause or event contributing concurrently or in any other sequence to the loss. The Policy also excludes loss, damage, cost or expenses of whatsoever nature directly or indirectly caused by, resulting from or in connection with any action taken in controlling, preventing, suppressing or in any way relating to action taken in respect of any act of terrorism.