SBI General Health Insurance vs Kotak General Health Insurance

Whenever you buy something, you might compare the different things offered before narrowing down on the one you prefer. Why not do the same with health insurance? Instead of getting the first insurance policy you come across, try and compare the different health insurance policies offered by various insurers. That way, you not only come closer to what you are looking for but also get the best deal. Or, if you have a vague idea about health insurance, you can learn about it by comparing different policies. This comparison guide of SBI General Health Insurance and Kotak General Health Insurance, for instance, can help you start your search for health insurance. 

SBI General Health Insurance vs Kotak General Health Insurance – Overview 

Parameter SBI General Health InsuranceKotak General Health Insurance
No. of health insurance policy10+9
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer supportPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer support 
Branches22,000+1600
Claim settlement ratio 59.42%97.40%
Claim settlement time (Reimbursement) 30 days 15 days 
Network Hospitals 6,000+4000+ 

*Source: The Annual Report of the Insurance Regulatory and Development Authority of India (IRDAI) –years 2019-20. 

Health Insurance Policies: SBI General Health Insurance vs Kotak General Health Insurance 

Both, SBI General Health Insurance and Kotak General Health Insurance are part of prestigious and trusted financial groups. SBI General Health Insurance is part of the State Bank of India Group and offers over 10 health insurance policies that provide extensive coverage. Kotak General Health Insurance is part of the Kotak Mahindra Group and offers 9 health insurance policies giving all-round protection to their customers. 

Top-up Policy: 

SBI General Health Insurance’s Top-up Policy gives:

  • Sum insured (SI) amounts up to Rs. 50,00,000
  • Deductible options up to Rs. 10,00,000
  • Coverage for
  • Pre, post and in-patient hospital care
  • Home hospitalization 
  • 141 daycare procedures
  • AYUSH treatments (Ayurveda, Unani, Siddha and Homeopathy) 
  • In-patient physiotherapy care 
  • Organ donor transplant expenses 
  • HIV/AIDS treatment
  • Mental illnesses
  • Genetic disorders
  • Inter-congenital diseases 
  • Maternity needs after 9 months 
  • Ambulance costs up to Rs. 5,000 per hospitalization 
  • Reinstatement of the SI 

Kotak General Health’s Top-up Policy provides: 

  • Several SI and deductible amount options 
  • Coverage for: 
  • Pre, post and in-patient hospital care  
  • 405 daycare procedures
  • Organ donor transplant expenses
  • AYUSH treatments (up to Rs. 50,000) 
  • Ambulance costs up to Rs. 2,000 per hospitalization 
  • Twice the SI amount for hospitalization due to an accident (up to Rs. 40,00,000) 
  • 100% restoration of the SI 

Critical Illness Policy: 

SBI General Health Insurance’s Critical Illness Policy offers: 

  • SI amounts up to Rs. 50,00,000
  • Coverage for 13 life-threatening illnesses  and surgical procedures such as: 
  • Cancer
  • Heart attack 
  • Hypertension
  • Kidney failure 
  • Permanent paralysis 
  • Bone marrow transplant 
  • Aorta graft surgery 
  • Total blindness 
  • Multiple sclerosis 
  • 100% payment of the SI on the diagnosis of a critical illness 

Kotak General Health’s Critical Illness Policy called ‘Kotak Secure Shield’ offers: 

  • SI amounts up to Rs. 10,00,000
  • Coverage for 18 life-threatening illnesses and surgical procedures such as:  
  • Cancer 
  • Kidney failure 
  • Benign brain tumour
  • Permanent paralysis 
  • Hypertension
  • Major organ transplant 
  • Open heart replacement 
  • End-stage liver disease 
  • 100% of the SI on the diagnosis of a critical illness 

COVID-19 Policy: 

As per the IRDAIs mandate last year, passed to provide COVID-19 coverage to all Indian citizens, all insurers now offer two standard insurance policies:

  • The Corona Kavach Policy
  • The Corona Rakshak Policy

These policies share standard features. SBI General Health Insurance and Kotak General Health Insurance Companies’ Corona Kavach Policies offer: 

  • SI amounts up to Rs. 5,00,000
  • Coverage for: 
  • Pre, post and in-patient hospital care 
  • Home hospitalization
  • Comorbidities 
  • AYUSH treatments
  • Daily hospital cash benefits 
  • Road ambulance costs up to Rs. 2,000 per hospitalization 

Their Corona Rakshak policy offers: 

  • SI amounts up to Rs. 2,50,000
  • Full payment of the SI on the positive diagnosis of COVID-19 and a minimum hospitalization time of 72 hours. 

With this comparative guide, you can understand your health needs and choose the right insurance policy accordingly.  

Click to rate this!
[Total: 0 Average: 0]