|Objective||An online health insurance policy that covers hoapitalisation expenses and maternity expenses as well.|
|Suited for||This policy is useful for young individuals females as it covers maternity expenses as well.|
|What does it do?||This is the second variant of this policy. Besides hospitalization expenses it will cover maternity expenses after a waiting period of five years. 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||This is a decent policy. Capping on room rent and boarding expenses is a drawback. This policy is meant for young females who have time to plan their babies as it covers maternity expenses after a waiting period of five continuous policy years.|