- Availability of daily cash allowance
- Reinstatement value
- Depreciation Waiver is available
- Personal Luggage Cover is available
Most Popular Policies of Cholamandalam General Insurance
- Chola Protect Car Insurance Policy
This comprehensive car insurance plan provides policyholders with beneficial features to ensure complete protection of their vehicles.
Key features of Chola Protect Car Insurance Policy
- Chola MS Hospital Cash
It is an individual health policy that offers fixed allowance for hospitalization on daily basis to cover various expenses.
Key features of Chola MS Hospital Cash
- The plan comes with lifetime renewal option
- Claims are settled directly
- Double cash is provided for ICU treatment
- Convalescence benefit is available
- Chola MS Business or Leisure Travel Insurance Policy
This travel insurance plan offers complete protection to travelers and business people in foreign countries.
Key features of Business or Leisure Travel Insurance Policy
- Hijack Relief Benefit is available
- Daily cash allowance is available in case of hospitalization
- Coverage available for trip curtailment, delay and cancellation
- Coverage for burglary of home contents
- Chola MS Critical Healthline
Chola MS offers complete financial protection to policyholders diagnosed with listed critical ailments.
Key features of Chola MS Critical Healthline Insurance Policy
- lifetime indemnity on continuous policy renewal
- Entry age up to 65 years
- No medical check-up up to 55 years
- Flexiblity of sum insured amount
Chola MS Tax Plus Healthline
What can be more advantageous then getting insurance benefits and tax relaxation benefits together under single insurance plan? For customer satisfaction and betterment in insurance business platform Cholamandalam Company offers a unique policy known as Chola MS Tax Plus Healthline that works as good health insurance plan and excellent tax saving plan for its valuable customers.
The plan cover patients hospitalization and Outpatient department (OPD) expenses along with full Tax benefit of Rs. 35,000 under section 80D. This uniqueness of policy makes it a innovative plan in insurance sector working as advancement in customer oriented business.
Entry Age limit for Self/Spouse/Parents
18years to 65years
Entry Age Limit for dependant male children
3months to 25years
Entry Age Limit for dependant female children
3months to 35years
There are always certain key qualities in every policy that attract customers. Here we will provide you the details of specific features included in Tax Plus policy that are described below:-
- The offered Sum Insured range is wide including Rs. 1lakh to 5lakh options for customers
- There is no medical check-up required up to 55years of age
- Lifelong rejuvenation option in policy
- There are 2600+ network hospitals covered in policy with benefit of cashless claim
- 24X7 customer support Chola MS claim assistance help available for customers
- Individual as well as family floater option available in policy
Benefits and Coverage
- Tax benefit up to Rs. 35,000 under 80D section with Rs. 15,000 towards premium for self, spouse and children and additional Rs. 20,000 towards parents premium over 60years of age in covered in policy
- Medical test not required up to 55years of age and test conducted after years will get 50% reimbursement in this policy
- There is 5% of SI bonus offered for each claim free year that can be entertained up to 50% maximum limit.
- The policy covers OPD expenses as listed below
- Doctor charges
- Dental treatment
- Medicines and drugs
- Ayurvedic and Homeopathic Treatment
Policy covers hospitalization expenses as described below
- Pre-Hospitalization up to 60days
- Post-Hospitalization up to 90 days
- Ambulance Charges up to Rs. 3000
- Donor Expenses
- 141 Day care procedures
The OPD expenses are considered as extra for other health insurance plans but Chola MS Company also consider that these expenses also create a burden on minds of customers in critical situations. Therefore this policy was constructed to cover OPD and hospitalization all together under one head. The Tax advantage is like values added benefit that is purely for customer advantage and initiate them to understand the worth of plan. The customer who requires a good plan to save their tax and get a complete health expenses coverage for family can take this plan. This policy will specially be beneficial for customers having big family as OPD are covered along with hospitalization that will make insurer completely stress free regarding critical health disastrous times.