Cholamandalam MS Arogya Sanjeevani Health Insurance

Chola MS Arogya Sanjeevani Policy offered by Cholamandalam MS General Insurance prioritises your health by providing financial support at the time of medical emergencies. It covers basic hospitalisation expenses for you and your family, arising due to any sickness, illness, disease, or accident. You can be the Proposer for this policy if you are aged between 18 years to 65 years, and add other family members including legally wedded Spouse, Dependent children aged between 3 months to 25 years, Parents and Parents in-law. This medical insurance policy comes with a varied sum insured options ranging between Rs. 1 Lakh to Rs. 5 Lakh in multiples of Rs. 50,000 that the policyholders can choose as per their requirement. Available for a policy term of 1 year, the policy needs to be renewed every year. The good news is that you get the flexibility of paying the premium on monthly, quarterly, half-yearly, and annual installments under this policy.

The policy is unique in itself and does not impose any deductible or offer any rider or variants to the policyholders. Other benefits that the policy offers you are-affordable premiums, portability benefit, lifetime renewability, cumulative bonus between 5%-50%, cover for modern treatments, cover for Cataract treatment up to a specific limit, and individual and floater sum insured options among others. The policy comes with a minimum co-payment of 5%. This means I have to pay only 5% of the admissible claim amount.

Read more: Arogya Sanjeevani Policy