Benefits of Cholamandalam MS Health Insurance
Additional Benefit of Free Health Check upChola MS General Insurance Company Limited offers health check-up for free to its customers after every two to three claim-free years, depending upon the plan and variant. This advantage is incorporated into the maximum health products provided by the organisation.
Additional Protection over Employer CoverageThe insurance plan offered by the employer may not cover some ailments. Hence, with a suitable health insurance policy by Chola MS, you can get your plan enhanced and avail the advantage of additional protection.
Cashless BenefitHealth insurance policies offered by the Chola MS are framed to assist you in overcoming the stress pertaining to finance during a medical emergency. But, with policies that provide cashless benefits, one can easily avail cashless treatment at 7,000+ network hospitals across the nation.
Claim Settement RatioThe most significant reason to buy a medical coverage plan is to remain assured that the plan will reimburse all or the maximum amount of medical expenses paid by you for which claim has to be made and settled. Chola MS owns a Claim Settlement Ratio of 48.53%*. The claim settlement ratio changes from time to time.
Coverage against Medical ExpensesChola MS General Insurance Company Limited offers reasonable coverage against medical costs through comprehensive medical coverage plans. Its policies usually provide the coverage for pre and post-hospitalisation costs, daycare procedures, ambulance charges, domiciliary hospitalisation charges, etc.
Incurred Claim RatioIncurred Claim Ratio is the rate of net claims settled and paid by the insurance providing company to the net premium collected. The Incurred Claim Ratio (ICR) for Chola MS for the year 2019-2019 was 35%*. *However, the ICR of the insurer keeps changing with time.
Tax BenefitOn buying the health insurance policies from Chola MS, the policyholders can enjoy tax-related benefits on the amount of premium paid as per the Section 80D of Income Tax Act, 1961.
Cholamandalam MS Health Insurance Plan List
|Name of Plan||Sum Insured|
|Healthline Policy Min: 90 Days; Max: 65 Years||1 Lakh||Get Quotes Now|
|Critical Healthline PolicyMIn: 5 Years; Max: 65 Years||3 Lakh||Get Quotes Now|
|Hospital Cash Healthline PolicyMIn: 3 Months; Max: 65 Years||1000/day||Get Quotes Now|
|Arogya Sanjeevani Policy Min: 3 months; Max: 65 years||1 Lakh - 5 Lakh||Get Quotes Now|
|Corona Kavach PolicyMin: 1 day; Max: 65 years||50,000 - 5 lakh||Get Quotes Now|
|Corona Rakshak PolicyMin: 18 years; Max: 65 years||50,000 - 2.5 lakh||Get Quotes Now|
Cholamandalam MS Health Insurance User Reviews
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Cholamandalam MS Health Insurance FAQs
Does Cholamandalam MS General Insurance Company offer any family floater health insurance policy?
Yes. Chola MS provides health insurance policies, which are framed especially for families. The Healthline health insurance plan is a popular product offered for families.
Are customers required to go through medical check-ups for buying health insurance policies from Chola MS insurance firm?
Yes, under a few plans by Chola MS the applicants are required to go through pre-acceptance medical screening or test. In case, if the proposal is accepted, 100% cost of the check-up is reimbursed to the applicant.
Does Cholamandalam MS General Insurance Company offer coverage for critical illnesses under any of its policies?
Yes. Chola MS insurance firm offers a speficially-designed plan to provide coverage related to critical illnesses.
Does Chola MS Insurance Company provide Hospital Cash benefit under any of its health plans?
Yes, Cholamandalam MS General Insurance Company provides a separate plan known as Chola Hospital Cash Healthline to offer hospital cash benefit to the customers.
How to purchase and apply for health insurance policies plans by Cholamandalam MS General Insurance Company?
To buy a health insurance policy from Cholamandalam MS General Insurance Company applicants can either visit the company’s official website, i.e. www.cholainsurance.com or can buy it from the leading online broker’s website i.e., InsuranceDekho.com.