Cholamandalam MS Flexi Health Insurance

Flexi Health Policy offered by Cholamandalam MS General Insurance is an indemnity based health insurance policy that protects you and your family from financial burden in case of a health emergency. The policy covers people aged between 3 months and 65 years, wherein the Proposer needs to be aged at least 18 years to be able to buy the policy. The policy covers your entire family, including your legally wedded spouse, parents, children, siblings, and parents in laws, under the policy, on an individual or family floater basis. The policy comes with flexible sum insured options ranging between Rs. 1 Lakh and Rs. 25 Lakh. You can pay the premium for Flexi Health Policy on a monthly, quarterly, half-yearly, and annual basis, as per your convenience. Kindly note that the premium will be based on your location.

The policy covers you for several coverage benefits including alternative treatments, daycare treatments, newborn baby cover, pre-hospitalisation and post-hospitalisation expenses, organ donor hospitalisation expenses, treatments taken under AYUSH systems of medicines, domiciliary hospitalisation expenses, etc. Other benefits that the policy offers you include lifetime renewability benefit, tax exemption under Section 80D of the Income Tax Act, 1961, cumulative bonus of 10% for every claim-free year (up to a maximum of 50%), free health check-up once in every 2 claim-free years, etc. Under the policy, you can personalise your sum insured, premium mode, as well as tenure. You can buy this policy for a term of 1 year, 2 years, or 3 years, as per your budget and requirement.