Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term

Protect Your family’s financial future with Kotak e-Term. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Kotak Lifetime Income Plan

Retirement years are the golden years of life. Know more


Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

How do I Choose a good Health Insurance Plan?

Learn more about selecting the best health insurance policy for maximum coverage and financial security. To know more about health insurance policies, Visit Now!

  • Jan 12, 2021

As the current pandemic put our lives on hold, we realised how much we took our health for granted. Therefore, in the times of such unpredictability and in such health-scare situations, you can be two steps ahead with health insurance. Owning a health insurance policy can save you from the ever-soaring costs of hospital bills, and you can be sure that your life savings are safe when facing medical emergencies. But how to select a health insurance policy? You can do so by reading about the coverage each policy offers and select the one that best suits you.

Types of health insurance plans in India:

1. Family health insurance

2. Individual health insurance

3. Critical illness insurance

4. Senior citizen insurance

5. Personal accident insurance

6. Maternity health insurance

7. Group health insurance

8. Corona health insurance

When provided with so many choices, selecting one can be difficult. So you must follow these basic steps for picking a health insurance policy:

1. Read and compare the policies:

It will always be easy for you when you have a decent understanding of what your insurance policy provides. You can select the one that provides you with the best coverage, in terms of your requirements.

2. Affordability:

One of the most important points to look at is affordability. While it is important for selecting a plan with maximum coverage, you must ensure that the plan fits in your budget as well. You need to ensure that the premiums which you pay towards the policy are affordable and are not a burden on you.

Look for cashless hospital-networks:

Insurance companies have tie-ups with a lot of hospitals. These hospitals come under the network of the company. If you’re a policyholder and visit a hospital from the network, all you will need to provide is your policy number. The insurance company will take care of the rest.

2. Select a plan with low documentation and easy claim:

With low documentation and an easy claim process, the process of making a claim becomes seamless. A complicated claim process can be quite stressful in a difficult time.

3. Claim-settlement ratio:

You must ensure to check the claim settlement ratio of the insurance company before buying the policy. A claim settlement ratio is the total number of claims settled by an insurance company against the number of claims they received.

4. Senior citizen benefits:

Insurance companies have now provided customised insurance covers for senior citizens. These policies provide the policyholders with benefits like pre-existing illness coverage, critical illness coverage etc.

5. Add-on covers:

A crucial part of deciding on health insurance is to look for different add-on covers. The add-on covers can be added by paying extra premiums. You can choose from different add-on covers like Critical Illness cover, Accidental Death Benefit, etc. Customised add-on covers can be quite beneficial for unexpected events.

These trying times have exposed how we have neglected our health and made us understand the importance of a good health insurance policy. Insurance companies have provided a wide range of products for their customers.

Buy Health Insurance Now

Kotak Life has rolled out its fixed benefit and comprehensive health insurance plan - the Kotak Health Shield. The significant features of the policy are:

1. Coverage of 4 significant critical illnesses in a single policy - cancer, cardiac, neurological, and liver.1.

2. Personal Accident Shield to cover you and your family against accidental death and disability.

3. Coverage enhancement with daily hospitalisation cash benefit, Income Benefit and Waiver of Premium benefit.

4. Coverage for a second medical opinion, emergency medical evacuation, and so much more under the Inbuilt Wellness Benefit.

5. Attractive tax benefit as per the prevailing tax norms.

Buying a health insurance plan is crucial in current times, so do check out the Kotak Health Shield comprehensive health coverage plan, and protect yourself and your loved ones.

Kotak e-Term

Download Brochure


  • Life Cover till 85 years for Life & Life Secure Option
  • 3 Payout Options
  • Special Rates for Women
  • Option to exit the policy with premium refund at the age of 60*
  • Special Rates for Non-Tobacco Users
  • Free Medical Check Up every 5th year**

Ref. No. KLI/22-23/E-BB/2435


- A Consumer Education Initiative series by Kotak Life

Similar Articles

Is Health Insurance Non-taxable?

What Does Health Insurance Not Cover?

What is the Difference Between a Mediclaim Policy, Health Insurance and Term Insurance?

Health Insurance Coverage for HIV Patients

Guide on Fraudulent Health Insurance Claims in India

Health Insurance Plans for a Pre Existing Condition

Top Five Institutes for Free Cancer Treatments in India

Health Insurance Coverage: Day Care Treatment Vs OPD Treatment

How to Switch to A Different Health Insurance Company?

Why You Must Review Your Health Insurance Policy/ Plan Every Year?

Choosing Health Insurance for Senior Citizens

How Much Of Health Insurance Is Tax Deductible?

Health Insurance for Liver: What You Should Know About the Symptoms and Diagnosis of Liver Problems

Critical Illness Can Disrupt Family's Financial Goals and How Health Insurance Can be Useful

How Much Should I be Paying for Health Insurance?

Health Insurance for Brain Tumour: What You Should Know on Symptoms & Diagnosis of Brain Tumour

Why You Must Review Your Health Insurance Plan Every Year

Why You Need to Know About the Critical Illness Plan?

7 Things to Audit in Your Health Insurance Plan

Which One is Better: Mediclaim or Health Insurance?

What is Disability Insurance?

Is Health Insurance the Same as Medical Insurance?

Things to keep in mind before buying a health insurance plan for diabetics

How to Transfer Your Health Insurance Cover Without Losing Benefits?

How is Health Insurance Cost Calculated?

Seven Preventive Measures for Heart Related Illness

How to Claim Tax Benefits on Medical Insurance Premium?

Why do Patients with Hypertension Need Health Insurance?

A Millennial’s Guide to Buying Health Insurance

Everything You Need to Know About Health Insurance for Parents

10 Preventative Measures for Diabetes

Tips to Reduce Your Health Insurance Premium

5 Reasons to Consider Investing in Health Care

All You Need To Know About No-Claim Bonus In Health Insurance

Benefits of Health Insurance You May Not Know About

Which Health Insurance Plans Cover Your Family Members?

What is the Persistency Ratio and Why Does it Matter to the Health Insurance Sector?

Are You Covered for the Home Treatment Cost Under Your Health Insurance Policy?

6 Common Myths about Health Insurance

Key Factors that Decide Your Eligibility for Buying Health Insurance Plans

What is Single Premium in Health Insurance?

The Importance of a Health Insurance Claim Ratio

What is the Right Age to Buy Health Insurance Policy?

Everything You Need to Know About Accidental Insurance Policy

Types of Health Insurance You Must Know About

How to Choose a Right Health Insurance Plan?

Why is Cardiac Care Plan a boon for Heart Patients?

What do Health Insurance Plans Cover?

What Is the Restoration Benefit in Health Insurance Plan?

What is Telemedicine? How to Seek Medical Treatment Remotely?

Health Insurance Plan for Cancer: What You Should Know on Symptoms and Diagnosis of Cancer

Does Critical Illness Insurance Cover Stroke?

Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure

Buying Health Insurance with A Pre-Existing Illness? Things You Should Know

5 things to consider while renewing a health insurance policy

7 Reason Why Should You Buy a Health Insurance Plan in Your 20s?

What is BMI Calculator, and why is it Important?

Why Opting for Short Term Health Insurance Plans is a Wise Idea?

What is OPD Cover in Health Insurance?

Health Insurance Plan for Family

Rashtriya Swasthya Bima Yojana: Eligibility, Coverage, Benefits

How Is Your Health Insurance Premium Affected By Age?

Health Insurance for Students Who Study Abroad

Heart and Cancer Insurance

Health Insurance with or Without Medical Tests? Which is Better

Critical Illness Insurance for Alzheimer's Disease

Health Insurance Plan for Heart – What you Should Know on Symptoms and Diagnosis of Heart-Related Disease?

Why Your Health Insurance Cover Could be Insufficient?

Stress and Heart Health: 4 Things You Should Know

Healthy Habits to Avoid Falling Sick During Monsoon

How wellness benefits can help reduce your health insurance premium

10 Effects of Fast Food on Your Body

Health Insurance for Personal Accidents

What is Health Insurance and Why do You Need it?

List of Critical Illnesses Covered in Health and Life Insurance Plans

Do Add-On For Health Insurance Policies Really Add Value?

Why Should You Opt for Cancer Insurance?

How Much Health Insurance Cover Should You Opt For?

Steps to Appeal A Health Insurance Claim Denial

Is Cataract Surgery Covered under Health Insurance in India?

Everything You Need to Know About the Ayushman Bharat Health Insurance Scheme

Protect Your Family with Health Insurance Today

Basics of Health Insurance

What Medical Expenses Can You Claim in Health Insurance Plans?

What is International Health Insurance? Meaning, Importance and Benefits

Factors to Consider While Choosing a Health Insurance Plan for Your Parents

How to File Health Insurance Claims?

What Is the Restoration Benefit in Health Insurance?

How To Choose A Good Health Insurance Plan?

Saving Tax on Your Health Insurance

Difference Between Open Heart and Bypass Surgery

Tax Benefits on Health Insurance Plans

What are the Documents Required for Buying a Health Insurance Plan?

Key Difference between Health Insurance and Mediclaim Policy

5 Reasons to Buy Health Insurance in 2021

5 Reasons to Own Both Health Insurance and Term Insurance

What are Health Insurance Premiums? How are they Calculated?

How Your Eating Habits Affect Your Health & How to Change Them

Why You Must Disclose Your Pre-Existing Conditions When You Buy Health Insurance

Why You Must Disclose Your Pre-Existing Conditions While Buying Health Insurance?