Cholamandalam Ms
vs
Galaxy Health

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Cholamandalam Ms vs Galaxy Health

Cholamandalam Ms

Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan. Chola MS champions a brand philosophy called T3, which stands for Trust, Transparency, and Technology.

Galaxy Health

Galaxy Health Insurance is an IRDAI-licensed standalone health insurer recently launched in March 2024. Galaxy Health Insurance aims to be a top contributor to the health insurance market in India. The company is the brainchild of the founder of Star Health Insurance, V Jagannathan along with the chairman emeritus of TVS Motors, Venu Srinivasan jointly.

COMPANY DETAILS Edit

Cholamandalam Ms

Edit

Galaxy Health

Rating
Number of health insurance plans and add-ons
Sum insured

Sum Insured

Up to 5 Crore

Sum Insured

Up to 1 Crore
Network hospitals

Network Hospital

12000+

Network Hospital

-
Claim ratio

Claim Ratio

93.63%

Claim Ratio

N/A%
Solvency Ratio

Solvency Ratio

2

Solvency Ratio

N/A
Pan India Presence

Pan India Presence

198

Pan India Presence

N/A
Claim Form

Claim Form

-

Claim Form

-
Waiting Period

Waiting Period

30

Waiting Period

24 Months
Individual and Family Health Insurance

Individual and Family Health Insurance

Chola MS Flexi Health

Individual and Family Health Insurance

Galaxy Promise Health Plan

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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 MS champions a brand philosophy called T3, which stands for Trust, Transparency, and Technology.

Individual and Family Health Insurance Plans

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)

Chola MS Flexi Health
  • New born baby cover
  • Ambulance cover
  • Recharge benefit

Chola MS Flexi Health (Cons)

Chola MS Flexi Health
  • Illegal activities
  • Alcoholism
  • Obesity and cosmetic procedures

Chola MS Flexi Health (Other Benefits)

Chola MS Flexi Health
  • Medical second opinion
  • Daily care benefit
  • AYUSH coverage

Chola MS Flexi Health (Eligibility Criteria)

Chola MS Flexi Health
  • Min entry age: 18 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 25 L

Galaxy Health Insurance

Galaxy Health Insurance is an IRDAI-licensed standalone health insurer recently launched in March 2024. Galaxy Health Insurance aims to be a top contributor to the health insurance market in India. The company is the brainchild of the founder of Star Health Insurance, V Jagannathan along with the chairman emeritus of TVS Motors, Venu Srinivasan jointly.

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

Lock in your premium until age 55.  Galaxy Health Insurance Company is the new standalone company in the insurance market. Galaxy Prmise is the i...

Unique Features

  • Air Ambulance Cover
  • Room Rent Enhancement
  • Gala Fit Pro-Active Care

Galaxy Promise Health Plan (Pros)

Galaxy Promise Health Plan
  • Unlimited restoration of SI
  • No co-payment
  • Room rent enhancement

Galaxy Promise Health Plan (Cons)

Galaxy Promise Health Plan
  • Investigation and evaluation not covered
  • Dietry supplement
  • Unproven treatment
  • Alcoholism

Galaxy Promise Health Plan (Other Benefits)

Galaxy Promise Health Plan
  • Repatriation of mortal remains
  • Organ transplantation
  • Cashless everywhere

Galaxy Promise Health Plan (Eligibility Criteria)

Galaxy Promise Health Plan
  • Min. Entry Age: 16 Days
  • Max. Entry Age: 65 Years
  • Initial Waiting Period: 24 Months
  • Sum Insured: Up to 1 Cr

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.