Care (Religare) Health Insurance vs Kotak General Health Insurance

What is the one thing you worry about when it comes to protecting your health? Medical expenses! The cost of maintaining your health can be hefty, especially during an emergency. But there’s a way to reduce the cost of healthcare and keep your savings intact. The answer lies in Health Insurance! This Care Health Insurance versus Kotak Health Care Insurance comparison will give insights into the scope of protection provided by two leading health insurance plans in India.

Care Health Insurance and Kotak Health Care Insurance – Overview

ParameterCare health insuranceKotak Health Care Insurance
Number of health insurance plans138
E-servicesPolicy sale
Policy renewal
Claim settlement
Branch locator 
Online consultation 
24×7 customer service
Policy sale
Policy renewal
Claim settlement
Branch locator
Online consultation
24×7 customer support 
Branches146+13+
Claim settlement ratio93%97.40%
Claim settlement timeCashless claim approval within 2 hoursCashless claim processing at the time of discharge
Hospital network7,800+4,000+

Source: Insurance Regulatory and Development Authority of India (IRDAI) Annual Report 2018-19 

Health Insurance Policies: Care Health Insurance versus Kotak Health Care Insurance

Care Health Insurance offers 13 health insurance plans. They cover individual, family, and senior-citizen needs. Their health plans provide all-round coverage for critical illnesses, personal accidents, and COVID-19, among several others. 

Kotak Health Care Insurance offers 8 health care plans for individuals, families, and senior-citizens. The plans provide extensive coverage for critical ailments, accidents, and Covid-19, among other health conditions. 

Below is a comparison of Care Health Insurance and Kotak Health Care Insurance and three of their healthcare plans. You can read and choose the one that suits you best! 

Critical Illness Insurance Policy: 

Care Health Insurance provides coverage against 32 critical illnesses like cancer, multiple sclerosis, lung disease, and more in its critical insurance plan. Main highlights include: 

  • Reimbursement for pre, post, and in-hospitalization expenses
  • Inclusion of day-care and alternate treatment
  • Coverage for organ donor transplant, OPD expenses, and counselling 
  • Provision for air and road ambulance services
  • High coverage at low premium rates (lowest being Rs.74 per month) 

Kotak Health Insurance provides coverage against 18 critical illnesses like cancer, kidney failure, permanent paralysis, etc. Its critical insurance plan called Kotak Secure Shield offers:

  • A lump-sum payout of the sum assured upon diagnosis 
  • Coverage for hospitalization expenses and surgical procedures 
  • Financial support in the event of job loss due to accident/illness
  • A child education benefit in the event of parent’s demise or permanent total disability

Personal Accident Insurance Policy:

Care Health Insurance offers ‘Secure’– a personal accident health insurance policy that provides coverage against accidents and their consequences. Some of the key highlights are: 

  • Lump-sum payout to policyholder’s family members in case of an eventuality
  • Payment of 50%-100% of sum assured on permanent total disablement 
  • Payouts for permanent partial disablement, fractures, and burns
  • Inclusion of charges for reconstructive surgery
  • A child education benefit 

Kotak Health Care Insurance offers Kotak Accident Care that provides coverage against consequences arising out of accidents. The plan offers: 

  • Lump-sum pay-out upon death, permanent total and partial disablement, and temporary total disablement 
  • Daily cash benefit/reimbursement of expenses incurred during hospitalization 
  • Post-hospitalization lifestyle support
  • A child education benefit
  • Coverage for ambulance expenses and funeral expenses 

Arogya Sanjeevani Insurance Policy: 

Features of Care Health Insurance Arogya Sanjeevani Health Policy: 

  • Provides sum assured up to Rs.5 lakh
  • Covers pre, post, and in-hospitalization charges up to the sum-assured limit
  • Includes coverage for cataract and even AYUSH treatment 
  • Reimburses expenses for tests, diagnosis and ambulance service 
  • Waives the upper-age limit stipulation

Key advantages of Kotak Health Care Insurance’s Arogya Sanjeevani Health Policy: 

  • Covers pre, post, and in-hospitalization charges up to the sum-assured limit
  • Offers an AYUSH treatment benefit
  • Provides 50% of sum assured for modern/advanced treatment 
  • Pays 25% of sum assured for cataract surgery 
  • Provides 5% cumulative bonus on a claim-free year

After comparing the benefits offered by Care Health Insurance and Kotak Health Care Insurance, you can make an informed purchase decision. For further guidance, reach out to a professional insurance expert prior to buying health insurance.