Kotak Mahindra Life Insurance offers Cardiac Treadmill Test at customers’ doorstep

Partners with Visit Health to ease medicals by offering tests at individual’s convenience and for faster onboarding of customer

 

Mahesh Balasubramanian, Managing Director, Kotak Mahindra Life Insurance Company Limited, (third from left), Hitesh Veera, Chief Operating Officer, Kotak Mahindra Life Insurance Company Limited (second from left), Dr. Suhas Shah, Director Medical Service, Kotak Group (fourth from right)

by Shrutee K

Mumbai, 11 October, 2022: Addressing customers’ need for convenience to complete the medical examination for availing the insurance policy, Kotak Mahindra Life Insurance Company Ltd (KLI) has rolled out a new initiative to take this process to the customer's doorstep. KLI has partnered with Visit Health to conduct Cardiac Treadmill Test (CTMT) and pathology tests at the customer's residential location.


All individuals aged 45 years and above who take a life policy of Rs 1.5 crore and above or a non-life policy of Rs 2 crore and above must undergo medicals, including a stress test, to evaluate cardiac health. Unlike a pathology test, specialized medicals like cardiac or stress tests such as an ECG & CTMT require machines, testing equipment, etc., which cannot be conducted via a home visit. Traditionally customers needed to visit a medical centre empanelled with the life insurer for the stress test. This requirement often caused a delay in onboarding the   customers by the life insurance company.


The wait seems to be over. Through the Mobile Medical Van, KLI enables customers to book their medical examination at a desirable time within the comfort of their residence. The Medical Mobile Van is equipped with all the necessary instruments, facilities and a full-time doctor to carry out the prescribed test & services. After a successful pilot in Delhi, KLI will roll out the CTMT service in Mumbai, and as a part of its first phase will soon offer this offer in all major cities like Bangalore, Hyderabad, Chennai, etc.

 

Mahesh Balasubramanian, managing director, Kotak Mahindra Life Insurance Company Limited said, "At Kotak it has always been customer-first. Last few years due to the pandemic both the requirement and awareness for Life Insurance protection products has been on the rise. One critical aspect of protection business is the medical underwriting which today causes friction in onboarding customers. While pathology tests were easily done through home visits, customers were finding it difficult to get a CTMT test done at their residence. This has seen a substantial amount of customers’ opting out of buying insurance. As an ongoing endeavour to provide innovative services, we at KLI are offering the CTMT at customer's convenience as well as within the comfort of the customers' residence."

 

Click here to know more about Kotak CTMT Service: https://youtu.be/fwjnw-Rr0xg

About Kotak Mahindra Life Insurance Company Limited: Kotak Mahindra Life Insurance Company Limited (Kotak Life) is a 100% subsidiary of Kotak Mahindra Bank Limited (Kotak). Kotak Life provides world-class life insurance products with high customer empathy. Its product suite leverages the combined prowess of protection and long-term savings. Kotak Life is one of the fastest growing insurance companies in India and has covered over 37 million active lives as on 31st March 2022.

For further information, please visit https://insurance.kotak.com/

Comments

Post a Comment

Popular posts from this blog

Provident Housing announces special discount for Armed Forces Personnel, Veterans

Image
by Shrutee K Bengaluru, December 29, 2023:  Provident Housing Limited, a wholly owned subsidiary of Puravankara Limited focused on mid-segment housing, has announced a unique scheme to assist serving and retired armed forces personnel in owning a home. The developer will offer a special discount of 2 per cent for eligible armed forces personnel across projects. As of last count, India has around 1.4 million serving personnel and around 2.6 million veterans. This scheme aims to help them own a home in a Provident community. A special commitment by Provident Housing to this effect was handed over to Major General Ravi Murugan, AVSM, General Officer Commanding (GOC), Karnataka and Kerala Sub Area, at a meeting in his office. “ We are a forward-looking company with many industry firsts to our name, and we wanted to show our Armed Forces our respect for the protection they provide us. Just as our employees serve the company, our soldiers serve our country with pride and distinction. To show
Read more

Grand take off event of Save Earth Mission is set to launch on July 06 in Ahmedabad wherein 1500 delegates from 69 countries are participating

Image
by Shrutee K Save Earth Mission's Mega Takeoff Event in Ahmedabad Debuts Superhero to Save the Earth General VK Singh (Minister of States Road Transport & Highways) is to attend the event as chief guest and Sheikh Majid Rashid Al Mualla member of the ruling family UAE, & Mr. Dennis G Roberts, the founder and innovator of Inflector from the USA will be the guest of Honour during Save Earth Mission's Mega Take-off Event in Ahmedabad Mumbai, June 29th, 2023: Ahmedabad is gearing up to host an extraordinary event that promises to captivate the world with its powerful message of environmental preservation. The Save Earth Mission's Mega Take-off Event, scheduled for July 6, is set to mark the official debut of the enigmatic superhero, dubbed the saviour of our planet. The event will be graced by esteemed dignitaries, including Union Minister of State for Civil Aviation and Road Transport and Highways General VK Singh, Sheikh Majid Rashid Al Mualla, a member of the ruling
Read more

The Rotary Club Of Bombay Airport Announce Plans To Instal 188 AED Machines In Mumbai

Image
by Shrutee Kate  To Raise Awareness About Cardiac Arrest and Resuscitation Organised "Dil Ki Batein"a Musical Program MUMBAI, February , 2024 – The Rotary Club of Bombay Airport is organising a unique musical extravaganza, "Dil ki Batein" where a group of medical consultants named "Tuning Folks," will share their passion for singing for charity and will entertain the audience to create awareness on cardiac arrest. This program is aimed to organise funds and instal 188 Automated External Defibrillators (AEDs) in public places like 88-Railway Stations And 100-Metro Stations. Early CPR (cardiopulmonary resuscitation) and the use of Automated External Defibrillators (AEDs) by bystanders in public places have been increasingly emphasized as crucial tools in saving lives during sudden cardiac arrests. These portable devices are designed to deliver an electric shock to the heart when someone is experiencing a life-threatening arrhythmia. By providing immediate in
Read more