Aditya Birla Health Insurance vs Kotak General Health Insurance

A health crisis has an impact on your physical, emotional as well as your financial well-being. Since the incidence of diseases and the cost of healthcare are on a simultaneous rise in India, it is vital to be prepared for such an eventuality. At such times, a financial cover like a health insurance policy that provides airtight security to you and your loved ones helps. The insurance policies offered by Aditya Birla Health Insurance and Kotak General Health Insurance provide such protection.  

Aditya Birla Health Insurance versus Kotak General Health Insurance – Overview 

Parameter Aditya Birla Health Insurance  Kotak General Health Insurance
Number of health insurance plans 10+ 8 
E-services Policy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer support Policy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance
Branches 650 15+
Claim settlement ratio (CSR) 93.68% 97.40%
Claim settlement time Within 2 hours Within 15 days
Hospital network 7,000+ 4000+ 

*Source: IRDAI Annual Report 2018-19 

Health Insurance Policies: Aditya Birla Health Insurance versus Kotak General Health Insurance

Aditya Birla Health Insurance is part of the Aditya Birla Group and ventured into the health insurance sector in 2015. It is one of the top 5 Non-Banking Financial companies in India and operates on a global scale. It offers over 10 health insurance policies that provide extensive coverage for several health eventualities. 

Kotak General Health Insurance is part of the Kotak Mahindra Group and provides health insurance services since 2003. It received the Marketer Company of the Year Award at the India Insurance Summit and Awards, 2020 and received several accolades for its financial services. It offers 8 health insurance policies that provide all-round coverage for different health needs. 

Below is a comparative study of the three best insurance policies of Aditya Birla Health Insurance and Kotak General Health Insurance. 

Critical Illness Policy: 

Aditya Birla’s Critical Illness Policy – ‘Activ Secure’ has 3 sub plans.  

  • Plan 1 covers 20 critical ailments
  • Plan 2 covers 50 critical ailments  
  • Plan 3 covers 64 critical ailments  

These plans provide:

  • A sum insured (SI) amount up to Rs.1,00,00,000 (1 crore)
  • A cover for ailments like cancer, kidney failure heart attack, stroke, permanent paralysis, etc.
  • A lump-sum payment of SI (up to 150%) upon diagnosis 
  • Post-recovery wellness coach services and second medical e-opinion
  • A 15-day survival period 

Kotak General Health Insurance has a Critical Illness Policy called Kotak Secure Shield and a Critical Illness Plus Benefit rider one can add as an add-on cover. 

Kotak Secure Shield provides:

  • Cover for 18 critical ailments like cancer, kidney failure, multiple sclerosis, etc. 
  • A 100% lump-sum payment of SI upon diagnosis 

Kotak Critical Illness Plus provides: 

  • Cover for 37 critical ailments like permanent paralysis, stroke, muscular dystrophy, etc. 
  • A 100% lump-sum payment of SI upon diagnosis 
  • A 30-day survival period 

COVID-19 Insurance Policy: 

Aditya Birla offers a Corona Kavach Policy that provides: 

  • A sum insured (SI) amount ranging between Rs.50,000 and 5,00,000
  • Cover for pre, post and in-hospital care
  • Cover for home treatment and AYUSH# treatment expenses
  • Cover for PPE kits, gloves and masks 
  • A waiver of the pre-policy medical test 

# – AYUSH (Ayurveda, Yoga, Unani, Siddha, Homeopathy)

Kotak General Health Insurance also offers a Corona Kavach and Corona Rakshak Policy. 

Its Corona Kavach Policy provides: 

  • A sum insured (SI) amount between Rs.50,000 – 5,00,000
  • Cover for pre, post and in-hospital care
  • Cover for home treatment and AYUSH treatment expenses
  • Cover for road ambulance services 

Its Corona Rakshak Policy provides: 

  • A sum insured (SI) amount ranging between Rs.50,000 and Rs.2,50,000
  • A 100% lump-sum payment of SI upon diagnosis of COVID-19

Arogya Sanjeevani Policy: 

Arogya Sanjeevani Policies are standard and affordable health insurance policies that offer similar coverage. Aditya Birla Health Insurance and Kotak General Health Insurance companies’ Arogya Sanjeevani Policies provide: 

  • A sum insured (SI) amount ranging between Rs.50,000 and 5,00,000 
  • Cover for pre, post and in-patient hospital care 
  • Coverage for non-allopathic (AYUSH) treatment 
  • Cover for day-care procedures and cataract treatment 
  • Cover for ambulance costs (up to Rs.2,000 per hospitalization) 

Kotak General Health Insurance Arogya Sanjeevani Policy also provides 50% of the SI for modern/ advanced technology treatments. With access to the comparative features of Aditya Birla Health Insurance versus Kotak General Health Insurance, your purchasing decision becomes easier.

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