GOQii ties up with Kotak Life and Kotak General Insurance for Insurance Cover

Mumbai, 03 August, 2022: GOQii Smart Vital today announced that it has tied up with Kotak Mahindra Life  Insurance Company Limited (KLI) and Kotak Mahindra General Insurance Company Limited (KGI) to offer  life and health insurance, respectively, to GOQii’s new and existing customers. 

Customers who buy GOQii Smart Vital 2.0 wearable are eligible for a health insurance cover of up to Rs 5  lakh depending on the active lifestyle & Monthly Health Score and a life insurance cover of Rs 1 lakh. GOQii  Smart Vital is a Central Drugs Standard Control Organisation (CDSCO) registered medical device designed to measure the vitals of its users. GOQii ecosystem is designed to reduce the health risk of that individual  by guiding them to lead a healthy lifestyle. 

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The insurance plan will be valid for 12 months from the date of activation of the GOQii app. Post expiry of  the insurance cover, if the customer wishes to renew their insurance, they will have to renew their GOQii  Personal Care subscription directly from the GOQii App. To activate the insurance cover, the customer has  to download the GOQii App and follow the signup/activation process in the GOQii App. 

GOQii ties up with Kotak Life and Kotak General Insurance for Insurance Cover

Vishal Gondal, Founder & CEO, GOQii said, “We have been a pioneer in bringing evolutionary technologies  in the field of preventive healthcare. With our outcome-based health insurance we are looking at a different  approach of fundamental healthcare. We have gathered data around the same for over seven years with a  present paid active user base of over 5 million. We are thrilled to offer insurance to our users over the app  in association with Kotak Mahindra.” 

Mahesh Balasubramanian, MD & CEO, Kotak Mahindra Life Insurance Co. Ltd. said, “We at Kotak have  always emphasised on customers wellbeing and our tie up with GOQii is a part of our initiative to prioritise  health and encourage healthy lifestyle. Through the personal wellness plan the customer can view their  Insurance details in the GOQii App and also track their wellness tiers basis the health activities done by  them.” 

Suresh Agarwal, MD & CEO, Kotak Mahindra General Insurance Co. Ltd. said, “The tie-up aims to incentivise  customers to maintain good health and health practices and at the same time get themselves covered with  health insurance. It is also one of the many Kotak Group’s endeavours in co-branding with smart beneficial  ideas enabled by tech advantage.” 

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