Kotak General Health Insurance vs Raheja QBE Health Insurance
Nowadays, health insurance is as affordable as it can get. Many insurance companies offer a diverse range of health insurance policies to suit the varying health needs of its customers. To locate a plan that is beneficial yet budget-friendly, you can compare the different features of the policies offered by leading insurance providers like Kotak Mahindra Health Insurance and Raheja QBE Health Insurance.
Kotak Mahindra Health Insurance versus Raheja QBE Health Insurance – Overview
| Parameter | Kotak Mahindra Health Insurance | Raheja QBE Health Insurance |
| Number of health insurance plans | 8 | 14 |
| E-services | Policy sale Policy renewal Claim settlement Online consultation Branch locator 24×7 customer support | Policy sale Policy renewal Claim settlement Online consultation Hospital & branch locator 24×7 customer service |
| Branches | 13+ | 12+ |
| Claim settlement ratio | 97.40% | 83% |
| Network Hospitals | 4,000+ | 5,000+ |
*Source: IRDAI Annual Report, 2018-19
Health Insurance Policies: Kotak Mahindra Health Insurance versus Raheja QBE Health Insurance
Kotak Mahindra Health Insurance offers 8 health insurance policies, available on individual or family floater basis. They provide extensive coverage against critical ailments, accidents, COVID-19, and other diseases.
Raheja QBE has 14 health insurance policies against critical illnesses, accidents, COVID-19 and other diseases. They cater to the needs of individuals, families, and corporate groups.
This Kotak Mahindra Health Insurance and Raheja QBE Health Insurance comparison will help you decide which health plan to buy.
Family Floater Policy:
Kotak Mahindra has three family-centric health insurance plans – Kotak Health Care, Kotak Health Super Top-up and Kotak Health Premier. They offer:
- Sum insured (SI) amounts up to Rs.1 crore
- Reimbursement for pre, post and in-patient hospitalization and domiciliary hospitalization
- Payouts for 405 day-care procedures and alternate (AYUSH) treatment
- Organ donor cover, maternity and newborn baby cover and home nursing benefit
- Emergency air ambulance cover and coverage for road ambulance services
- Double the SI amount for in-patient hospitalization expenses due to an accident
Raheja QBE has two family-centric health insurance plans. Its Health QuBE plan offers 4 sub-plans with varying SI amounts and coverage options. Its Health QuBE Super Top-Up Plan covers up to 7 family members. The plans provide:
- SI amounts up to Rs.1 crore
- Reimbursement for pre, post and in-patient hospitalization and domiciliary hospitalization
- Coverage for day care procedures, organ donor transplant and AYUSH treatment
- Payouts for ambulance charges and annual medical test
- Waiver of pre-policy medical checkup for individuals aged up to 55
Arogya Sanjeevani Policy:
An Arogya Sanjeevani Policy is a standard health insurance plan offered by insurance companies across India at affordable premium rates, in line with the IRDAIs directive.
Kotak Mahindra Arogya Sanjeevani Policy offers:
- SI amounts between Rs.1 lakh – 5 lakhs
- Reimbursement for pre, post and in-hospitalization expenses
- Payouts for AYUSH treatment and daycare procedures
- 25% of SI for cataract treatment
- 50% of SI for modern/ advanced treatments
Raheja QBE Arogya Sanjeevani Policy offers:
- SI amounts between Rs.1 lakh – Rs.5 lakhs
- Coverage for pre, post and in-patient hospitalization
- Payouts for AYUSH treatment and daycare procedures
- Indemnification of 25% of SI for cataract treatment
- Inclusion of dental treatment and plastic surgery owing to a disease/injury
- Reimbursement for road ambulance services
Personal Accident Policy:
Kotak Mahindra – Kotak Accident Care’ offers:
- A lump-sum payout in the event of death, permanent total and partial disability
- A weekly cash benefit for temporary total disability
- Provision of daily cash allowance / reimbursement of hospitalization expenses
- A child education grant and monetary support for the policyholder’s lifestyle improvement
- A convalescence benefit of Rs.10,000
Raheja QBE Personal Accident Policy offers:
- Full payment of SI on accidental death or permanent total disability
- A percentage of SI for permanent partial disability and temporary total disability
- Compensation in the event of loss of employment owing to permanent total disability
- Coverage for ambulance charges and funeral expenses
Knowing the comparative features of Kotak Mahindra Health Insurance and Raheja QBE Health Insurance can help you pick a policy best matching your needs. For further help, you can contact a professional insurance expert to buy health insurance.
