How To Pay Cholamandalam MS Health Insurance Premium Online
Updated On Jul 15, 2022
Table of Contents
Cholamandalam MS General Insurance, now known as Chola MS General Insurance, comes with the trust and reliability of Murugappa Group Company. Chola MS product portfolio consists of a wide range of products like Car, Bike, Health, Travel, Accident, Property, Marine, Engineering, Liability, Crop, and so on for both individuals and corporates.
Premium Payment process of Cholamandalam MS General Insurance
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Online Payment process
Cholamandalam provides an online platform through which you can buy, renew and pay the premium of your insurance policy. You can simply login to the website, and pay your premium through various payment options such as via debit/credit card or net banking. The insurance provider also has an app through which premium payments can be processed.
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Offline payment process
In case you wish to pay the premium in person, you can simply visit any branch of Cholamandalam General insurance and make your payment. All you need to do is carry your policy document with you and an executive should be able to assist you with the process.
Cholamandalam MS General Insurance Renewal
Online Renewal Process at Cholamandalam MS General Insurance Company: Chola MS offers a quick renewal policy on the official website. A policyholder simply has to go to the official Cholamandalam website, create a unique user id and password, and get his insurance policy renewed before the policy expires.
Renew insurance plans provided by other insurers with Cholamandalam MS General Insurance: Chola Ms lets policyholders renew insurance plans provided by other insurers on their platforms with a hasslefree online procedure. They simply have to follow the same procedure as a quick renewal and then can get their insurance policy of any kind renewed instantly. all they have to remember is that they need to get their policy renewed before the date of expiration.
Conclusion
Collating all businesses together, Murugappa group recently registered a hike of Rs. 29,270 crores, which turns out to be 9.44% of the total revenue generated in FY 14-15, based on the company’s statement. In the following year (15-16), Murugappa group also had a one-time earning of Rs. 883 crores from an earlier 14% stake sale in the general insurance arm- Cholamandalam MS General Insurance.
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