Cholamandalam MS Corona Rakshak Health Insurance Wordings

Claim Settlement | Dedicated Team |
Claim Settlement Ratio | 95% |
COVID-19 Cover | Yes |
Network Hospitals | 8,000+ |
Policies Sold | 1,03,232 |
Renewability | Lifelong |
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Cholamandalam MS Health Insurance Plan List
Name of Plan | Sum Insured | |
Arogya Sanjeevani Policy Min: 3 months; Max: 65 years | 1 Lakh - 5 Lakh | Check Premium |
Corona Kavach PolicyMin: 1 day; Max: 65 years | 50,000 - 5 lakh | Check Premium |
Corona Rakshak PolicyMin: 18 years; Max: 65 years | 50,000 - 2.5 lakh | Check Premium |
COVID-19 PolicyMin: 3 months; Max: 65 years | 1 Lakh - 5 Lakh | Check Premium |
Healthline Policy Min: 90 Days; Max: 65 Years | 1 Lakh | Check Premium |
Critical Healthline PolicyMIn: 5 Years; Max: 65 Years | 3 Lakh | Check Premium |
Hospital Cash Healthline PolicyMIn: 3 Months; Max: 65 Years | 1000/day | Check Premium |
Flexi Health PolicyMin: 3 months; Max: 65 years | 1 Lakh - 25 Lakh | Check Premium |
Accident Protection PolicyMin: 6 months; Max: 69 years | 5 Lakh - 1 Crore | Check Premium |
Cholamandalam MS Health Insurance Top Up List
Name of Plan | Sum Insured | |
Super Top-up Insurance PlanMIn: 3 Months; Max: 70 Years | 3 Lakh | Check Premium |
Top Up Healthline PolicyMin: 3 Months; Max: 65 Years | 50 Thousand | Check Premium |
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FAQs on Corona Rakshak Policy Health Insurance Plan
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What are the policy terms for which I can buy Cholamandalam Corona Rakshak Health Insurance Policy?
You can buy this Corona Rakshak Health Insurance Policy for different policy terms such as 3.5 months (i.e. 105 days), 6.5 months (i.e. 195 days) and 9.5 months (i.e. 285 days).
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What can I get under this Cholamandalam Corona Rakshak Health Insurance Policy?
The plan offers multiple sum insured options ranging from Rs. 50,000 to Rs. 2.5 lakh. You can get this coverage in a lump sum on being diagnosed with COVID-19 and getting hospitalised for a minimum continuous period of 72 hours.
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When can I avail this Corona Rakshak Health Insurance Policy?
You can avail this plan only after completing a waiting period of 15 days from the policy commencement date.
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For how many times can I make claims under this plan in a policy year?
This is one time benefit offering policy. Its benefit is applicable for the entire policy term of the cover and shall be terminated upon the payment for one time only.
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Does Cholamandalam Corona Rakshak Health Insurance Policy provide the tax benefits?
Yes, the premium amount paid under this health insurance policy is eligible for tax deduction under the section 80D of the Income Tax Act.