What does it do?
This is first variant of Chola MS Individual Healthline that covers basic hospitalisation expenses if treatment is taken in a hospital as an inpatient. All the benefits under this policy are constrained to sub-limits as mentioned in policy document. It also covers day care treatment, daily cash benefit, home hospitalisation and ambulance services. Chola Wellness Services that send policy related alerts and reminders can also be added by paying an extra premium.
Pros
It can be purchased online through company's website.
It allows lifetime renewal.
Policy premium qualifies for taxation benefit under section 80D of Income Tax Act.
Cons
Each benefit is capped to some specific amount or percentage of sum insured.
