Cholamandalam Health Insurance
Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan. Chola ...Read More
Network hospitals
12000+
Incurred claim ratio
94.5%
Sum insured
Up to5 Crore
No. of Plans
1
Solvency Ratio
2
Pan India Presence
198+
Cholamandalam Health Insurance Company
In 2001, two main financial companies, Murugappa Group of India and Mitsui Sumitomo Insurance Company from Japan, joined to create Chola MS General Insurance Company. By now, the company has 189 office branches around the country and over 30,000 intermediaries. Their T3 philosophy is one of the most amazing philosophies among companies today. It stands for Trust, Transparency, and Technology. Their main aim is to protect you from stressful & skyrocketing health care expenses.
What does Cholamandalam Health Insurance Company do?
Cholamandalam Health Insurance is one of the largest health insurance companies in the world. They provide financial cover that supports your health conditions and expenses. They offer various health insurance products pan India. You can choose the best health insurance policy by visiting the official website.
What are some of the
Features
that set them apart?
-
1
The Murugappa Group is an Indian group comprising 29 businesses
-
2
70 minutes of cashless claim processing available
-
3
Direct claim assistance without TPA
-
4
It was founded in 1900 to serve the welfare of society
-
5
Versatile health insurance solutions
Cholamandalam Health Insurance Awards and Accolades
- 'The Economic Times Best Brands 2020' Award
- 'Golden Peacock Award- Risk Management'
- 'Pride of Tamil Nadu Award for BFSI Sector'
- 'Dream Companies to Work in the Private Insurance Sector in 2017'
- 'Best CSR Practices'
Best Selling Cholamandalam Health Insurance Plans
Let's take a look at the list of health insurance plans that offer comprehensive protection to you and your family
-
Individual and Family Health Insurance
Cholamandalam Health Insurance Plans Eligibility Approximate Annual Premiums Chola MS Flexi Health Entry Age - 18 to 65 years
Sum Insured - Up to 25 LRs. 3074
Key Features Of Cholamandalam Health Insurance
Let us take a look at some unique features of top-selling Cholamandalam Health Insurance policies:
For Individual and Family Health Insurance
Chola MS Flexi Health
A personalized health insurance plan by Cholamandalam Health Insurance with a flexible sum insured ranging between 1 L to 25 L. It is an ideal plan for young individuals and families.
Why Do We Recommend This?
- Restoration benefit available
- Recharge Benefit available
- Medical second opinion covered
Explore other Cholamandalam Health Insurance
To cater to the different medical needs of an individual & their family, Cholamandalam Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more. Take a look below to Cholamandalam Health Insurance plans explore more:
Individual and Family Health Insurance
Chola Flexi Health is an insurance plan that molds itself around your life. You can personalize your sum insured, premium payment mode, and tenure und...
Unique Features
- Avail SI up to 25L
- Medical Second Opinion
- Compassionate Travel Cover
Chola MS Flexi Health (Pros)
- New born baby cover
- Ambulance cover
- Recharge benefit
Chola MS Flexi Health (Cons)
- Illegal activities
- Alcoholism
- Obesity and cosmetic procedures
Chola MS Flexi Health (Other Benefits)
- Medical second opinion
- Daily care benefit
- AYUSH coverage
Chola MS Flexi Health (Eligibility Criteria)
- Min entry age: 18 Years
- Max entry age: 65 Years
- Initial Waiting Period: 30 Days
- Sum Insured: Up to 25 L
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Cholamandalam Health Insurance
Why Choose Cholamandalam Health Insurance?
- Versatile and affordable health insurance plans for every need
- 24X7 customer support for easy claim settlement
- Over 12000 network hospitals all over India
- Offers comprehensive coverage at affordable premiums
- Tax benefits under Section 80D of the Income Tax Act
A Quick Outlook
| Cashless Claim Settlement | 70 minutes |
| Minimum Entry Age | 3 months |
| Maximum Entry Age | 65 years |
| Sum Insured | Upto Rs. 5 Crore |
| Network Hospital | Over 12000 |
| Tax Benefits | Upto INR 1 Lakh |
| Solvency Ratio (2022-23) | 2 |
| Claim Settlement Ratio (2022-23) | 94.5% |
| Ambulance Expenses | Covered |
| Coverage for Accidents | Yes |
Cholamandalam Health Insurance Plans
Cholamandalam Health Insurance offers customized health insurance plans and complete health covers. Have a look below.
-
Individual Plans
Cholamandalam Health Insurance offers several types of individual plans. These plans offer coverage for one person only.
-
Family Floater Plans
Family floater plans are specifically designed for people having a family. You can consider this plan if you want to secure your spouse, kids, and parents as well under one plan.
-
Senior Citizen Plans
The plans are specifically designed for people aged 60 and above. The premiums of these plans might be high but offer complete coverage.
-
Top-Up Plans
Top-up plans work when your normal health insurance plan is not enough for your complete coverage. It will give additional coverage in case your base health insurance policy is exhausted.
Why Choose Online Procedure to Buy Health Insurance Policy?
Getting a medical insurance policy online from PolicyX or directly from the company is full of benefits. Read below to know more:
-
Easy to Compare:
Online platforms give access to compare different health plans at the same place. You can pick the right one for you while comparing the premiums. -
Buying Insurance within 5 minutes:
On an online platform, you can choose and buy your policy within 5 minutes, without any extra hustle. -
24*7 Customer Service:
The experts are always at your service. No matter what the time is, you can contact them any time to clear your doubts. -
Instant Quote:
With online accessibility, you can get quotations with just one click. You can collect several quotes and choose the right one for you.
What is Covered?
Pre and Post Hospitalization Expenses
Cholamandalam Health Insurance understands the impact of rising medical expenses, which is why their insurance products contain pre and post-hospitalization expenses related to in-patient hospitalization.
AYUSH Treatments
Most Cholamandalam Health Insurance plans have in-built alternative treatment cover which you can utilize to your benefit. AYUSH treatment include Ayurveda, Unani, Siddha, and Homeopathy treatments.
Hospitalization Expenses
Cholamandalam health insurance plans cover your hospital expenses like room rent, ICU charges, surgery expenses, doctor consultations, and other such expenses.
Day Care Treatments
Multiple procedures do not require a 24-hour hospitalization. With this in mind, a majority of the Cholamandalam health insurance plans are designed to cover daycare procedures for policyholders.
Domiciliary Hospitalization
On a doctor’s recommendation, a policyholder can avail of medical care in the comfort of their home. Cholamandalam health insurance plans cover domiciliary hospitalization up to specified sub-limits.
What is not Covered?
Self Inflicted Injuries
Cholamandalam health policies will not cover injuries or hospitalization caused by self-harm.
Cosmetic Procedures
Cholamandalam Health Insurance plans do not cover any kinds of cosmetic surgeries or treatments.
Adventure Sports
Cholamandalam Health Insurance plans will not cover you for hospitalizations, or accidents caused due to adventure sports.
Obesity or Weight Control Treatments
Cholamandalam Health Insurance plans mostly do not cover treatments related to obesity and weight management such as bariatric surgeries.
Involvement In Illegal Activities
Cholamandalam health insurance company plans do not cover individuals or families for hospitalization or injuries caused due to unlawful activities.
What Are The Different Waiting Periods In Cholamandalam Health Insurance Plans?
The various waiting periods associated with CholamandalamHealth plans are:
Initial Waiting Period
Begins from the date of purchase and lasts for up to 30 days for most Cholamandalam Health Insurance plans.
Pre-existing Disease Waiting Period
Cholamandalam Health Insurance plans require you to serve specific waiting periods in case you are diagnosed with PEDs such as hypertension, diabetes, or any other.
Survival Period
Like waiting periods, Cholamandalam health insurance plans with critical illness coverage have a survival period. During this period policyholders diagnosed with any listed critical illness must outlive the survival period to enjoy coverage benefits.
Cholamandalam Health Insurance Plans Buying Process
If you are looking forward to purchasing Cholamandalam Health insurance online follow the simple steps below:
- Step 1
Visit the PolicyX health insurance page, and enter your details such as name, age, number of members to be covered, and city.
- Step 2
Click on 'Get free quotes' and compare Cholamandalam Health Insurance Plans as per your needs.
- Step 3
Select and pay premiums online for the purchased Cholamandalam health insurance plan of your choice.
- Step 4
Our team of insurance experts at PolicyX will provide you with all the assistance required regarding claims and other queries post-purchase of your Cholamandalam Health Insurance plan.
Cholamandalam Health Insurance Renewal Process
Follow the steps for Cholamandalam Health Insurance policy renewal
- Step 1
Visit the official website of Cholamandalam Health Insurance Company
- Step 2
Click on the ‘Renew’ tab
- Step 3
Mention your ‘Policy Number’ and ‘Date Of Birth’
Connect with our insurance experts for Cholamandalam health insurance policy renewal at 1800 - 4200 - 269
Cholamandalam Health Insurance Plan Claim Process Steps
You can file for cashless as well as reimbursement claims for your Cholamandalam Health Insurance Plans by following these easy steps:
- Step 1
Visit the official website of Cholamandalam Health Insurance
- Step 2
Click on the claims button and then select the health claims button
- Step 3
Now select the claim submission or claim intimation button
- Step 4
Fill in details under an individual claim if you are filing a claim for yourself or your family
- Step 5
Provide details asked on the website like Policy Number and Date of Birth for the patient
- Step 6
Further, submit all the necessary documents required by the insurer and enjoy a hassle-free claim process
Documents Required For Cholamandalam Health Policy Claim Settlement
Submit the following documents when filing for Cholamandalam health claims:
- Duly completed and signed claim form, in original
- Valid photo-ID proof
- Medical practitioner's referral letter and prescription
- Original bills, receipts, and discharge cards from the hospital/medical practitioner
- Original bills from pharmacy/chemists
- Original pathological/diagnostic tests reports/radiology reports and payment receipts
- Indoor case papers
- First Information Report, final police report, if applicable
- Post-mortem report, if conducted
- Any other document as required by the company to assess the claim
More Queries?
If you have any more queries regarding
Plans,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269
now!
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Written By: Simran Saxena
An explorer and a curious person, Simran has worked in the field of insurance for more than 3 years. Travelling and writing are her only passion and hobby. Her main agenda is to transform insurance information into a piece that is easy to understand and seamlessly solves the reader’s query.
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