I felt Chola was there like my best friend, when I needed it the most. In fact he has numbers by his side and claims that currently radio hits at least 31 percent human ears and that too in the prime time during the period between 8AM and 9PM, where most of them are commuting in buses, cars, two wheelers, to college, to work and so on. The insured should approach the hospital 48 hours in advance and provide his/her policy details/e-cards along with govt. At Chola MS, we respect your choice and offer you a variety of products to suit your needs. This plan gives the client a chance to enhance their cover by paying additional premium. The benefit policy allows the insurance company to pay the insured an amount in lump sum, leaving the decision of spending the money on medical treatment or not to the insured. All important details are available online.. ; 3 months for children, Rs.1 to 5 lakhs in increments of Rs.1 lakh No-claim Bonus: 5% enhancement in chosen sum assured for every claim-free year, max.50%. I had a very smooth life. I am highly satisfied with my Chola MS health insurance plan that I purchased online. The humble, sweet apple is much more than just a tasty snack. Chennai-based Tube Investments of India Ltd announced that it will sell 14% of its stake in Cholamandalam MS General Insurance to its Japanese joint venture partner Mitsui Sumitomo Insurance Company for approximately Rs 883 crore. They are similar in terms of features but differ in terms of coverage amounts/sub-limits. I visited a doctor, who told me that I had jaundice. In case of change of plan on renewal, this exclusion will apply in relation to the amount by which the daily benefit limit has been increased due to change of plan. to 65 yrs. Concurrently, it also hopes to reign in motor insurance contributions from 63% to 50%. This is similar to the Individual Policy but offered on a floater basis to cover not just the proposer but his/her entire family as well. Comprehensive Health Insurance Policies providing insurance coverage on Individual and Floater Sum Insured basis. Rea... Green tea is a wonder remedy in a cup. B... Had a bad day at work? Leaving so soon? And, I'm really happy with the life I'm leading now. Chola MS General Insurance Co. Ltd. was formed a decade ago on its core philosophies of Trust, Transparency and Technology. When I was discharged from the hospital, I was very happy since I didn't have to pay anything. Here are some important immediate steps that needs to be taken if you witness a heart attack. Under section 80D of the Income Tax Act, 1961, you may get tax benefits on the premiums paid for your health insurance policy. I was unable to walk, stand or even work in the kitchen. How Health Insurance Premium is Calculated? For more details on risk factors, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale, Contact Chola MS - In India 1800-208-5544 Chola MS Health would pay for your pre and post hospitalization expenses up to up to 30 days prior to hospitalization and up to 60 days after discharge. The sub-limits applicable to the various expenses depend on the plan chosen by the proposer and the coverage option therein. 2,500 crores for the present fiscal. When I was looking to buy health insurance and wasn't sure where to start looking, my cousin suggested Chola MS. From the first call to the policy being processing, everything has just been wonderfully smooth and easy. The Chola MS executives clearly explained their various health insurance plans to me in the simplest way possible. I used health insurance services for the first time with Chola and it was a great experience for me. With Health Insurance, the Insured can medically cover himself/herself and his/her family members for Sum Insured as per one’s needs at an affordable premium. We now provide Value Added Services and are proud to announce our association with several hospitals/diagnostic centres in India. Children from the age of 3 months and onwards are eligible for the Chola MS Individual Healthline policy. It is best to buy medical insurance from a company that has a flawless claim settlement record. I work at a privatized bank. IRDAI Registration Number : 123. Health insurance by Cholamandalam is very popular amongst their customer base due to their high level of customer satisfaction through optimized operational processes and innovative vision. Get paid for the cost involved in room rent on selected health plans. Currently, the company runs ‘Choice’ campaign and are sponsoring a health show ‘Slice Of Health’. About Chola MS General Insurance Company. The group has 29 companies operating out of 13 stated in India. My name is Asha Rohera. Cholamandalam MS General Insurance Company Ltd (Chola MS) is a joint venture between the Murugappa Group, an Indian conglomerate, and the Mitsui Sumitomo Insurance Group (MSIG), a Japanese assurance company. its good making online payment and renew health policy online, instant confirmation, Very easy process. Since then, the purchase and renewal has been a cake-walk. Personal Accident Cover: Death and Total Permanent Disablement: Rs.7.5 to 10 lakhs (self) and Rs.3.75 to Rs.5 lakhs (spouse); Rs.1.5 to Rs.2 lakhs (per child) Partial Permanent Disablement: Rs.3.75 to Rs.5 lakhs (self) and Rs.1.87 to Rs.2.5 lakhs (spouse); Rs.75,000 to Rs.1 lakh (per child), 18 yrs. Their critical illness cover plan was also a life saver when my mother was diagnosed with multiple sclerosis last year. Select health plans provide cover for 20 major critical illnesses. Following are the requisites that decide the premium amount of the Chola MS health insurance policies-. You must buy health insurance ASAP. 1. Cholamandalam MS General Insurance Company Ltd (Chola MS) is an Indian insurance firm and a joint venture between the Murugappa Group, an Indian conglomerate, and the Mitsui Sumitomo Insurance Group, a Japanese insurance company. This is not just a passing line in the sentence but a fact with company approximately setting a huge 25 per cent of their media expenses towards the walkie talkie aka the radio. Any illness diagnosed or diagnosable within 30 days of the effective date of the policy period if this is the first individual Hospital Cash benefit policy with Chola MS. GST rate of 18% applicable for all financial services effective July 1, 2017. For SME's and Corporate Insurance clients, Chola MS offers customized insurance solutions encompassing insurance and risk consulting services such as Group Mediclaim Insurance, Group Personal Accident Policy, Engineering Projects Insurance, Engineering Operations Insurance, Liability Insurance, Marine Insurance, Fire Insurance and other Miscellaneous Insurance Solutions. This policy comprises the following plans: Basic features are common to all plans but the amount and depth of coverage varies along with the premiums payable. Rs.30,000 - Fistula/Piles: 10% of the chosen sum assured, max. Looking for a playlist to blast through your Monday morning hour at the gym? Following the approval of the stake sale by Tube Investment’s board, the completion of the deal will see Mitsui Sumitomo increase its ownership in Chola MS to 40% from 26%. I have been associated with Chola MS for health insurance since 2 years and I am very happy with the customer care services they provide. Policyholders can make 2 types of health insurance claims with Chola MS Health: Incurred Claims Ratio of Chola MS Health Insurance for the Year 2017-18. This health plan takes care of all the health insurance needs of the family. CIN : U66030TN2001PLC047977. There are two options based on the number of critical illnesses covered i.e. Also Read: How to File a Claim with Chola MS Health? Thanks to customer care team for the timely support whenever I was in need. The program not only talks but also listens to what the audience say and engages them on health and healthcare related issues and in the process make the audience relate to the Chola MS Health Insurance. If the bills of the health insurance claims are made through a cashless treatment facility or a cashless treatment facility or a reimbursement mode offered by the insurance company on submission of relevant proofs like medical bills.It is important to invest in Health Insurance MediclaimPolicy to safeguard your financial well-being. I used to go out for prayers, meetings, office and everywhere. We are fully satisfied with the claim reimbursement by your good offices. The health insurance plans offered by Cholamandalam MS come with a lot of attractive features and benefits, and provide comprehensive health insurance coverage at affordable rates. Cholamandalam MS, a General Insurance Company in India, offers a wide range of insurance policies for individuals and corporates. Chola MS Health insurance policy provides financial aid for medical expenses incurred for treatment of ailments, surgery, hospitalization, etc. Rs.1 lakh) of the chosen sum assured (Superior/Advanced respectively) - Maternity Expenses: Up to Rs.25,000 or Rs.40,000 (Superior/Advanced respectively) - Ayurvedic Treatment: Up to 7.5% of chosen sum assured; 20% co-payment (Advanced) - OPD Dental: 1% of chosen sum assured, max. its very convenient to buy health policy online and it saved my time too. It was hassle free experience of buying health insurance policy from Chola MS. Chola Total Home Protect –Simple, Convenient, Cost-effective insurance for … Settlement of the claim shall be done by Chola MS to the insured. They took the efforts to maintain contact with the hospital to smooth out any issues that cropped up, and all my queries and doubts were laid to rest. They have an incurred claims ratio of 35.00%, and also covered 18.06 lac lives during the same year 2018-19, as per the data provided by IRDAI. All Rights Reserved. Yes, it is possible to get another Chola MS Critical Healthline policy even if the insured already has an existing critical illness policy. With limited bank balance, I was still able to complete my treatment with the help of Chola¿s health insurance policy, which allowed me to avail cashless hospitalization. Rs40,000 (Cataract to Tonsillitis: covered under the Standard Plan within limits mentioned above; Cataract only covered under the Superior Plan; Cataract to Tonsillitis: covered under the Advanced Plan on basis of actuals), Plan A: Rs.50,000; applicable deductible:Rs.30,000 Plan B: Rs.2 lakhs; applicable deductible:Rs1 lakh Plan C: Rs.3 lakhs; applicable deductible: Rs.2 lakhs Plan D: Rs.5 lakhs; applicable deductible Rs.3 lakhs Plan E: Rs.6 lakhs; applicable deductible: Rs.4 lakhs Plan F: Rs.10 lakhs; applicable deductible: Rs.5 lakhs Plan G: Rs.15 lakhs; applicable deductible: Rs.5 lakhs. Chola MS offers a wide range of insurance products that include Motor, Health, Property, Accident, Engineering, Liability, Marine, Travel and Crop insurance for individuals and corporates. The a... Hyperthyroidism is a condition that arises when your body produces an excess amount of the thyroid hormone. Copyright © 2021   BankBazaar.com. covered under a healthinsurance plan. This health insurance policy offers insurance coverage in … This policy offers holders a way to meet expenses during hospitalisation. No, the Critical Illness policy covers certain specific illnesses and is taken as an add-on to a Mediclaim policy. Standard Plan: Covers 10 illnesses 2. These plans also provide cover for over 140 Day-care procedures. The advertisement contains only an indication of cover offered. Customers can avail of this policy, based on their affordability, given the range of premiums charged under Plan A, Plan B or Plan C. Hospitalisation expenses in this case includes ICU charges and extended stay and payout is given as a lump sum once claims are successfully processed. *GST and other charges are to be factored in wherever applicable. *Disclaimer - This is not an exhaustive list but an indicative representation of hospitals that form a part of the company's wider network. I was recently admitted to a hospital after being diagnosed with malaria. Chola MS Health insurance policy provides financial aid for medical expenses incurred for treatment of ailments, surgery, hospitalization, etc. This plan can be taken in addition to a basic health plan to make coverage more comprehensive. Pay directly at the hospital after getting admitted. Chola MS Individual health insurance policy is a medical insurance plan for individuals which covers medical expenses on hospitalisation. I began looking for a health insurance plan as I was worried about my family’s health safety and well-being. never conduct lotteries / offer prizes / funding through email / SMS. Uh-oh! Now, I feel secured. Rs40,000 (Cataract to Tonsillitis: covered under the Standard Plan within limits mentioned above; Cataract only covered under the Superior Plan;Cataract to Tonsillitis: covered under the Advanced Plan on basis of actuals), Chola MS Wellness Service: Rs.350 or Rs.500 per person (SMS reminders), - Standard: Rs.1 to 5 lakhs in increments of Rs.1 lakh - Superior: Rs.3.5 to 5.5 lakhs in increments of Rs.1 lakh - Advanced: Rs. bancassurance partners, tie-ups with auto majors and other strategic partnerships. to 65 yrs. Therefore, the Chola MS Flexi Health Insurance Policy might be the best option for you. Cholamandalam MS General Insurance Company Limited unlike its big name is strangely using the small radio at your homes to keep you aware of their insurance products. Cholamandalam MS General Insurance Company Ltd. Insurance is the subject matter of solicitation. Issued photo ID card like Driver’s License/Aadhaar. - 1 yr. policy: Rs.2,472 to Rs.14,029 - 2 yr. policy: Rs.4,749 to Rs.27,244 - 3 yr. policy: Rs.6,808 to Rs.38,802 Premiums are based on the oldest insured member and depend on chosen sum assured, number of insured members, age and policy tenure. Rs.5,000; 30% co-payment; (Advanced) Cataract (per eye): 7.5% of the chosen sum assured, max.Rs.20,000 - Hernia: 10% of the chosen sum assured, max. If you renew the hospital cash benefit policy with the Chola MS, this waiting period of 30 days is however is not applicable. It has spread to different cor... It’s been approximately a month since the nationwide lockdown was implemented in India in the month of March.... It’s that time of year again where the atmospheric temperature has started soaring high. Thanks. It is known from ancient times that quality sleep is the key to a quality life. Up to Rs.80,000 (A); Rs.3 lakhs (B); Rs.5 lakhs (C),Rs.8 lakhs (D), Rs.10 lakhs (E), Rs.15 lakhs (F), Rs.20 lakhs (G) Room charges: Rs.500 (A), Rs.2,000 (B), Rs.4,000 (C), Rs.5,000 (D), Rs.6,000 (E), Rs.7,500 (F), Rs.10,000 (G) - Pre-hospitalisation expenses: Up to 60 days, max.5% of actuals - Post-hospitalisation expenses: Up to 90 days, max.10% of actuals (up to Rs.50,000) - Ambulance costs: Up to Rs.3,000 per hospitalisation - Pre-existing diseases: After a 4-yr. waiting period, Standard: Men - Rs.825 to Rs.65,370 Women - Rs.776 to Rs.60,665. Many thanks to Chola MS for settling my health insurance claim on time when I was hospitalized. He highlights that radio is a huge part of their media mix because of the recall value and the audience engagement which requires active listening and imagination about the product. Listed below are main features of health insurance plans from Chola MS: There are number of reasons why you choose Chola MS Health Plans. - Pre/Post-hospitalisation expenses: Up to 60/90 days respectively - Pre-existing diseases: After a 4-yr. waiting period - Daily Cash Allowance - Domiciliary nursing - Ambulance costs: Depending on chosen sum assured - 141 day care procedures - External Aids. The insured can use this amount at his/her discretion which includes alternative medicines. In case of hospitalization, notify us within 48 hours of admission at our Network or non-Network Hospital. Benefits will not be available for any pre-existing condition(s), until 48 consecutive months of continuous coverage have elapsed, since inception of the first policy with this insurer. So, I'm really thankful to Chola MS for their assistance. Rs.70,000) or 25 (max. Think of a time you purely used your head. This Page is BLOCKED as it is using Iframes. 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