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Chola MS Critical Healthline Plan

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

Chola MS Critical Healthline

Objective

It aims to provide financial respite in case the insured person contracts a listed critical illness. The lump sum benefit can be utilized as per the policyholder's discretion.

 

Suited for

Though, it can be opted by anyone who fulfills the eligibility criteria, it is highly recommended for people with family history of any dreadful disease.

 

What does it do?

It pays a lump sum on confirmed diagnosis of any of the listed critical illnesses. Each critical illness has a waiting period, starting from commencement of the policy, during which it cannot be claimed. There are two plans to choose from- Standard and Advanced plan, covering 10 and 12 critical illnesses respectively.

 

Pros

It allows lifetime renewal.
It offers lower premium for women.
Policy premium qualifies for taxation benefit under section 80D of Income Tax Act

 

Our View

One should not be reluctant in purchasing a critical illness cover if there is a family history of any dreadful disease. Along with basic policy, this policy will pay a lump sum in case of illnesses that require huge expenses for treatment. This is a recommended policy as the cover can be renewed till lifetime.

 

Eligibility

Entry Age (years)

Minimum

18; 5 for Children

Maximum

65; 25 for Children

Maximum Policy Renewal Age (years)

Lifetime

Coverage Type

Individual/ family

Policy Term (years)

1

Sum Insured (Rs)

Maximum

10 lakh

Minimum

3 lakh

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

customercare@cholams.murugappa.com

Call to

044-3044 5400, 1800-200-5544 (Toll Free)

SMS

SMS "CHOLA" to 56677

Network Hospitals

Http://www.cholainsurance.com/nwhosp/

 

Scope of Cover

Standard Critical Healthline

Advanced Critical Healthline

Critical illnesses (Survival Period in days)

Cancer of specified severity(30)

covered

covered

Stroke resulting in permanent symptoms(90)

covered

covered

First Heart Attack(30)

covered

covered

Open chest CABG(30)

covered

covered

Kidney Failure RequiringRegular Dialysis(30)

covered

covered

Multiple Sclerosis with persisting symptoms(180)

covered

covered

Major organ/ bone marrow transplant(30)

covered

covered

Permanent paralysis of limbs(180)

covered

covered

Surgery of Aorta(30)

covered

covered

Primary Pulmonary hypertension(30)

covered

covered

Parkinson's disease(180)

NA

covered

Motor Neuron Disease With Permanent Symptoms(90)

NA

covered

Emergency Ambulance

NA

covered upto Rs 1000 per insured per policy year

 

Exclusions and Waiting Period

Pre-existing diseases

not covered

No claim Period

90 days from commencement of the policy

Survival period

as stated under scope of cover

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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