Kotak Life reinforces its CSR focus on healthcare in Tamil Nadu, deploys seven Mobile Medical Vans to deliver primary healthcare services

Chennai, March 2024Kotak Mahindra Life Insurance Company Limited (Kotak Life) reinforced its commitment to Tamil Nadu’s health care by deploying seven new Mobile Medical Vans (MMV). This strategic initiative aims to enhance primary healthcare services across the state.

Under its Corporate Social Responsibility (CSR) initiative, Kotak Life in collaboration with Smile Foundation will deploy three MMVs in Chennai and two MMVs each in Thoothukudi and Virudhunagar. These MMVs will bring healthcare services to peoples doorsteps, aiding in early identification of health issues. As a part of the initiative, Kotak Life will bear operational expenses, provide medical supplies and ensure the efficient functioning of the MMVs.

Mahesh Balasubramanian, Managing Director, Kotak Mahindra Life Insurance Company Limited said, “Our goal is to make quality healthcare accessible to everyone and this initiative aligns perfectly with our core values of care and service. It aims to make healthcare facilities accessible to underserved sections of society. The initiative contributes to the betterment of national health and supports the United Nations Sustainable Development Goals for Good Health and Well-Being.”

As a part of its corporate social responsibility commitment, Kotak Life for the current financial year has allocated more than a third of total CSR budget to projects in the state of Tamil Nadu. These initiatives primarily concentrate on delivering primary healthcare through MMVs and eye care through eye screening camps. Furthermore, Kotak Life has extended support to hospitals by providing essential medical equipment for eye care and kidney care.

About Kotak Mahindra Life Insurance Company Ltd Kotak Mahindra Life Insurance Company Limited (Kotak Life) is a 100% owned subsidiary of Kotak Mahindra Bank Limited (Kotak). Kotak Life provides world-class 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 with 286 branches across 146 cities and has covered more than 5 crore active lives as on 31st Dec 2023.