Chola MS Individual Healthline- Standard
Objective
A basic online health insurance policy that covers hospitalisation expenses.
Suited for
It is available as an individual cover. A family can also be covered but on an individual sum insured basis.
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.
Our View
It offers lifelong renewals to its policyholders. Sub-limit on room, boarding and nursing expenses act as a drawback. You can find similar policies without such cappings in the market at reasonable cost. Preference should be given to policies with least exclusions and no sub-limits.
Eligibility
| Entry Age (years) | |
| Minimum | 18; 3 months for children |
| Maximum | 65; 35 years for dependent female child and 25 years for dependent male child |
| Maximum Policy Renewal Age (years) | Lifetime |
| Coverage Type | Individual/ family |
| Sum Insured (Rs) | |
| Maximum | 5 lakh |
| Minimum | 3 lakh |
| Policy Term (years) | 1 |
| No Claim Bonus | 5% of Sum Insured for each claim free year |
| Pre Policy Medical Check Up | Not required upto 55 years of age |
| Customer Service | |
| Address | Registered Office:Cholamandalam MS, General Insurance Company Ltd, 2nd Floor, "Dare House", No.2, NSC Bose Road, Chennai - 600001, India |
| Mail to | [email protected] |
| Call to | 044-3044 5400, 1800-200-5544 (Toll Free) |
| SMS | SMS "CHOLA" to 56677 |
| Network Hospitals | Http://www.cholainsurance.com/nwhosp/ |
Additions to the Plan
| Scope Of Cover | |
| Cashless facility | available at network hospital |
| Reimbursement facility | available if treatment taken in an non-network hospital. |
| Pre and post hospitalisation | covered from 60 days prior to hospitalisation and upto 90 days after discharge from hospital |
| Inpatient hospitalisation | covered with sub-limits on certain treatments |
| Room, Boarding & Nursing Expenses | Sum Insured Rs 1 lakh: Non AC room up to Rs1000 per day; Sum Insured 2, 3, 4 & 5 Lakhs -AC single room up to Rs 3000 per day |
| Day Care Procedures | 141 in number are covered |
| Daily Cash for choosing shared accommodation | Rs 250 / day for a maximum of 7 days with 1 day deductible |
| General Health Check up & Eye Examination | covered |
| Emergency ambulance | Rs 1000 per insured per policy year |
| Exclusions and Waiting Period | |
| Pre-existing diseases | not covered upto 48 months of continuous coverage from first policy year |
| No claim Period | 30 days from commencement of the policy |
| Waiting period | Certain illnesses such as cataract, hernia, sinusitis etc. will be covered after one year from commencement of the insurance policy.Certain illnesses such as spondilitis, heart disease, gout & rheumatism etc. after 2 years have elapsed since inception of the policy. |
| Annual Premium | |||||
| Age (in years) | Sum Insured (in Rs) | ||||
| 2 lakh | 3 lakh | 4 lakh | 5 lakh | ||
| 2 Adults | |||||
| 18-35 | 5202 | 6404 | 7408 | 8281 | |
| 36-45 | 8237 | 10394 | 10878 | 12886 | |
| 46-50 | 11132 | 15235 | 17988 | 20927 | |
| 51-55 | 15773 | 20309 | 24066 | 27302 | |
| 56-60 | 21847 | 27960 | 33018 | 37372 | |
| 61-65 | 26853 | 34544 | 40903 | 46372 | |
| 66-70 | 41100 | 53281 | 63340 | 71983 | |
| 2 Adults + 1 Kid | |||||
| 18-35 | 5711 | 7073 | 8209 | 9500 | |
| 36-45 | 8546 | 10800 | 12675 | 15321 | |
| 46-50 | 13393 | 17175 | 20311 | 24707 | |
| 51-55 | 16242 | 20925 | 24802 | 30247 | |
| 56-60 | 23962 | 30742 | 36348 | 42123 | |
| 61-65 | 30190 | 38933 | 46158 | 53570 | |
| 66-70 | 44044 | 57152 | 67974 | 79036 | |
| 2 Adults + 2 Kids | |||||
| 18-35 | 7237 | 9080 | 9811 | 11328 | |
| 36-45 | 10258 | 13052 | 15370 | 17373 | |
| 46-50 | 15527 | 19982 | 22992 | 27542 | |
| 51-55 | 20455 | 26464 | 31436 | 35714 | |
| 56-60 | 29251 | 37695 | 44674 | 50676 | |
| 61-65 | 38868 | 50344 | 59821 | 67965 | |
| 66-70 | 57781 | 75215 | 89603 | 101958 | |
| 2 Adults + 3 Kids | |||||
| 18-35 | 9442 | 11979 | 14083 | 15900 | |
| 36-45 | 13420 | 17210 | 21360 | 24209 | |
| 46-50 | 19294 | 24936 | 33556 | 41517 | |
| 51-55 | 27476 | 36723 | 43718 | 49733 | |
| 56-60 | 39826 | 51602 | 61326 | 69680 | |
| 61-65 | 49549 | 64389 | 76637 | 87157 | |
| 66-70 | 71518 | 93280 | 111232 | 126644 | |
| 2 Adults + 1 Kid | |||||
| 18-35 | 5117 | 6292 | 7275 | 8128 | |
| 36-45 | 6692 | 8362 | 9755 | 10964 | |
| 46-50 | 10505 | 13378 | 15764 | 17825 | |
| 51-55 | 13434 | 17231 | 20381 | 23097 | |
| 56-60 | 19732 | 25179 | 29688 | 33571 | |
| 61-65 | 25518 | 32788 | 38801 | 43974 | |
| 66-70 | 38157 | 49410 | 58705 | 66694 | |
| 1 Adult + 2 Kids | |||||
| 18-35 | 6219 | 7435 | 8643 | 10003 | |
| 36-45 | 8308 | 10004 | 11720 | 13655 | |
| 46-50 | 10819 | 13790 | 16258 | 18389 | |
| 51-55 | 14994 | 19283 | 22837 | 25901 | |
| 56-60 | 21847 | 27960 | 33018 | 37372 | |
| 61-65 | 28188 | 36299 | 43005 | 48772 | |
| 66-70 | 40119 | 51991 | 61795 | 70220 | |
| 1 Adult + 3 Kids | |||||
| 18-35 | 6728 | 8545 | 9972 | 13157 | |
| 36-45 | 9783 | 11895 | 13985 | 18398 | |
| 46-50 | 15841 | 20395 | 24166 | 27415 | |
| 51-55 | 19674 | 25438 | 30207 | 34312 | |
| 56-60 | 27347 | 35192 | 41677 | 47254 | |
| 61-65 | 34195 | 44200 | 52464 | 59567 | |
| 66-70 | 49931 | 64893 | 77244 | 87852 | |
| Premiums are exclusive of service tax and cess | |||||
