You and your family
are in safe hands!

We at Kotak General Insurance have customer-centric operations and digitally enabled processes that offer customized products and services with efficient claims handling processes.

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    Claim settlement ratio

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    66 Lakh+


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    86 Lakh+

    Policies issued and counting

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    2.3 Lakh+

    Claims Settled

Note: The above data is till 31st March, 2022

Protect what is important

Car Insurance
Car Insurance
Complete protection for your car
Health Insurance
Secure yourself and your family

Why choose Kotak General Insurance

A subsidiary of Kotak Mahindra Bank Ltd., we serve the growing non-life insurance needs of an emerging India While emphasising on customer service, quality and innovation

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    Strong management practices
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    Team of Experienced professionals
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    Kotak Group pedigree

Kotak General Insurance Frequently Asked Questions

Of course, you may have more questions related to renewing or buying car insurance only, So scroll down and find your question answered!

Roadside Assistance is a service that provides you with the necessary help required in case you are stranded on the road when your car breaks down. It includes:

• Towing due to an accident or breakdown
• Battery jump start
• Arrangement/Supply of fuel
• Emptying of the fuel tank
• Flat tyre(s)
• Breakdown support over the phone
• Taxi benefits
• Arrangement of keys
• Message relay
• Minor repairs

The Insured's Declared Value (IDV) of the vehicle is the maximum Sum Assured fixed by the insurer at the beginning of each policy period for the insured vehicle. If the vehicle suffers total loss, the IDV is the compensation that the insurer will provide to the policyholder.

The IDV of the vehicle is calculated based on the manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance or renewal and is adjusted for depreciation (as per the schedule specified below). The IDV of the sidecar(s) and/or accessories, if any, fitted to the vehicle but not included in the manufacturer's listed selling price of the vehicle is also likely to be fixed.

Age of the Vehicle % Depreciation for Fixing IDV
Not exceeding 6 months 5%
Exceeding 6 months but not exceeding 1 year 15%
Exceeding 1 year but not exceeding 2 years 20%
Exceeding 2 years but not exceeding 3 years 30%
Exceeding 3 years but not exceeding 4 years 40%
Exceeding 4 years but not exceeding 5 years 50%

An endorsement is written evidence of an agreed change in policy terms.

Typically, general insurance contracts are for a period of one year, unless stated otherwise. Please check your policy certificate cum schedule to determine the period of coverage.

General insurance protects you and your family against any financial contingencies that may occur due to damage caused to property or any injury to a person other than life. The most common kinds of general insurance are home, travel, health, and motor insurance. Motor insurance is further divided into four-wheeler insurance, two-wheeler insurance, and commercial vehicle insurance. There are also other types of insurance, such as marine insurance, corporate insurance, shop protection insurance, and many more.

Every non-life asset holds a financial value which can lead to major setbacks if damaged or stolen; similarly, the rising healthcare costs can completely drain your savings if you or any member of the family suffers from any health ailments. This is why having General insurance is vital to protect your finances during such critical times. General insurance provides financial protection for self and family owing to the risks that may be caused due to diseases, accidents, theft, natural calamities, etc. You can choose General insurance online for your health and your Motor vehicle from our website.

Yes, you can buy general insurance online. Buying general insurance online is safe if you buy it from an IRDAI registered insurer and an authentic website. Buying general insurance online can be a quick and easy process and requires little or no documentation. Also, you can customize your insurance by choosing the riders you need to get enhanced protection.

General insurance protects you and your family from any financial setbacks that may arise due to unforeseen events. Accidents or mishaps may happen anytime and anywhere, but having general insurance keeps us prepared for all times. Such as, health insurance provides financial support if a member of the family needs hospitalization; similarly, car insurance or two-wheeler insurance protects your car or your bike in case of an accident, theft, or manmade and natural calamities.

Here are the differences between life insurance and general insurance

• Life insurance is a life coverage wherein the benefits and sum assured are paid to the policyholder on maturity or to the beneficiary in case of the policyholder’s death.
• General insurance is paid upon raising a claim when the specific event mentioned in the policy has occurred.
• Life insurance is a long-term contract, and the premium is paid all through the term period or at least till the minimum premium term payment. In contrast, general insurance is a short-term contract and is paid only till the policyholder renews the policy.

General Insurance covers all non-life assets such as your home, vehicle, health, and even your travel from any damages caused due to theft, accident, manmade or natural calamities. There is a range of insurance plans to cover each of your assets.

• Home insurance for your home
• Travel insurance for travel
• Health insurance for your health
• Motor insurance for all vehicles plying on roads. This insurance is further sub-divided into four-wheeler insurance, two-wheeler insurance, and commercial vehicle insurance.

General insurance protects your savings from depleting as it takes care of any financial needs during damage or loss of your asset. You can also save taxes with the premium paid on health insurance under Section 80D and get quality health care services. In case of total damage to your asset, you get a lumpsum compensation amount that can help you recover from the loss of value of the asset.

Keywords to be targeted - general insurance