Network hospitals
12000+
Incurred claim ratio
94.5%
Sum insured
Up to 5 Crore
No. of Plans
1
Solvency Ratio
2
Pan India Presence
198+
Chola Flexi Health is an insurance plan that molds itself around your life. You can personalize your sum insured, premium payment mode, and tenure under the policy. The product also covers you for alternate treatments besides allopathy. Chola Flexi health insurance offers a wide range of sum-insured options up to INR 25 lac for self, spouse, children, dependent parents, dependent parents-in-law, and dependent siblings on an Individual sum-insured basis. A family floater basis policy can be availed for Primary Insured, Spouse, and Children up to a maximum of 6 members. The plan is designed in a way to give customers better control over their insurance plan by providing additional coverage options like
The entry age for adults to purchase Chola MS flexi health is 18 years to 65 years, dependent children can be covered from as early as 3 months to 26 years.
Plan Type | Individual/Family Floater |
Initial Waiting Period | 30 Days |
Sum Insured | INR 1 to 25 La |
Network Hospitals | 10000+ |
No-claim Bonus | Applicable, 10% to 50% of SI |
Health Checkup | Once in two claim-free years |
To understand Chola MS Flexi Health Insurance in detail, take a look at the below table:
18 to 65 years
Individual and Family Health Insurance
5 L | 7.5L | 10 L | 15 L | 20 L | 25 L
30 Days Days
Lifelong
1,2,3 Years
*Initial Waiting Period is the time period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.
Read more specifications in the brochure.
With wide coverage options available, Chola MS Flexi Health Insurance Plan allows you to choose your ideal coverage as per your family’s health requirements. Take a look at the coverage under every SI option available and choose your ideal coverage:
Room Rent
Covered
ICU Charges
Covered
Pre-Hospitalization
Covered
Post-Hospitalization
Covered
Domiciliary Hospitalization
Covered
Daycare Treatment
Covered
OPD Charges
Not Covered
COVID-19 Treatment
Covered
Cataract
Covered
No Claim Bonus
Covered
Automatic Restoration
Covered
Daily Hospital Cash
Covered
Organ Donor
Covered
Maternity Cover
Not Covered
New Born Baby Cover
Covered
AYUSH Treatment
Covered
IVF Treatment
Not Covered
Modern Treatment
Not Covered
Ambulance
Covered
Air Ambulance
Not Covered
Compassionate Travel
Covered
Global Coverage
Not Covered
E-Consultation
Not Covered
Health Check-Up
Covered
Second Medical Opinion
Covered
Vaccination
Not Covered
Co-payment
Covered
Sub-limits
Covered
The room rent limit is the maximum bed charge you can claim if you are hospitalised. Common Room categories covered under room rent are all kinds of rooms including single, private and AC rooms (except suite).
It is a special hospital department where patients with serious medical conditions are treated.
Medical expenses incurred before hospitalisation of the policyholder.
Medical expenses incurred after the discharge of the policyholder from the hospital.
Domiciliary hospitalization or home care treatments are the arrangements for an insured individual due to the unavailability of medical amenities in hospitals, or in a case where an insured member can not be admitted to the hospital due to an inability. The treatment should last equal to or more than 72 hours to get financial coverage.
Treatments that can be completed within 24 hours of hospitalization like blood dialysis, cataracts, etc.
Covers the cost of doctor consultations and prescribed medical tests that may not require hospitalization. .
It includes the treatment cost for COVID-19 with a confirmative diagnosis from a government-approved centre.
A common eye condition in which your vision gets blurred due to cloudy formation in your eyes.
For every claim-free year, insurance companies reward policyholders with an increase in the sum insured amount as a no-claim bonus or cumulative bonus on policy renewal. However, in the case of a claim, this bonus amount either lapses or is reduced by a certain percentage varying from one plan to the other.
It is a benefit in which an insurance company restores the amount of sum insured completely or up to a certain percentage after it gets fully exhausted in treatments. This restoration amount may vary from one plan to the other.
Daily hospital cash or Hospicash is a cash amount that you receive each day during the time of hospitalization to cover your non-medical expenses.
It is a cover that includes the cost of the procedure for removing the damaged or malfunctioning organs from the body. In most of the cases, the insurer pays for the hospitalization and transplant expenses for both the parties i.e. the donor and the receiver.
It refers to the cover that includes expenses for normal and c-section deliveries.
It takes care of the medical expenses that arise due to the hospitalisation of the newborn baby in case of any childbirth complications, medical challenges, and so on. Some of the common treatments that are covered under the newborn cover and these common treatments can vary from plan to plan:
Refers to the cost of medicines and procedures used under AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homeopathy) treatment.
In Vitro Fertilization (IVF) is a method of assisted reproductive technology. The common expenses incurred under IVF and infertility treatments are settled or reimbursed for:
Medical treatments that demand the use of modern technology and advanced machinery such as robotic surgeries, stem cell therapy, etc.
An ambulance is used to move the patient from home to the hospital, transfer them to another hospital, and take them for different tests outside the hospital.
Air ambulances are specially prepared planes that transfer the patient from one place to another in case of a health emergency.
Refers to the travelling expenses of a family member who’s visiting the hospital to look after the patient when the policyholder gets admitted to a hospital outside his/her residential city.
Any kind of medical/health emergency when you are outside of India is covered for hospitalization expenses, modern and specific treatments, etc.
If a policy offers e-consultation it allows policyholders to connect with a doctor for medical consultation through video chat, audio call, or chatbot.
A facility where the policyholder can avail of free health check-ups after fulfilling the company's eligibility criteria. In most cases, the insured member/s gets an annual health check-up cover.
If the policyholder wants, they may opt for a second medical opinion wherein the policyholder can consult another doctor within the company’s network of medical practitioners.
Coverage against the expenses incurred on vaccinations of either the newborn baby, for an animal bite, etc is provided by the insurance companies.
In the co-payment clause, policyholders have to pay a preset amount (either compulsorily or voluntarily) of the hospitalisation expense on their own and the insurer will pay the rest of the medical bill amount.
Sub limit is a condition in which the insurer will have to pay the medical expense up to a certain percentage and the remaining amount will have to be paid by the policyholder. For instance, if your policy covers room rent for upto 20% of the sum insured, but the expense of the same is more than 25%, you will have to pay the rest amount, i.e. 5%, for your room rent.
Chola MS Flexi Health offers a multitude of features and benefits to its customers allowing them to customize the health plan as per their requirements:
Cholamandalam Health Insurance
Below calculated are the premiums for Chola MS Flexi Health Insurance
Sum Insured | 5 L | 10 L | 15 L | 20 L | 25 L |
Premium (In Rs.) | 3,074 | 3,880 | 4,364 | 4,790 | 5,172 |
*Calculated on an individual policy basis for a 26-year-old female (self) for 2 years policy term and a half-yearly premium payment term*
Sum Insured | 5 L | 10 L | 15 L | 20 L | 25 L |
Premium (In Rs.) | 4,981 | 6,292 | 7,080 | 7,772 | 8,395 |
*Calculated on a family floater basis for a 30-year-old male and 26-year-old female for 2 years policy term and a half-yearly premium payment term*
Sum Insured | 5 L | 10 L | 15 L | 20 L | 25 L |
Premium (In Rs.) | 6,060 | 7,655 | 8,614 | 9,456 | 10,214 |
Permanent diseases or health conditions that are not included under the Cholamandalam Flexi Health Plan are:
Hospitalization out of war, riot, strike, and nuclear weapons
Intentional self-injury
AIDS
Miscarriage, and Abortion
Congenital disease
Infertility and in vitro fertilization
Certain diseases and treatments are covered under this plan after a certain period. Read the details below:
Listed ailments after 2 Years
Pre-existing diseases after 36 Months
To avail of claim settlement services, the insured individual must follow the process given below.
To cater to the different medical needs of an individual & their family, Cholamandalam Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more.Take a look below to Cholamandalam Health Insurance plans explore more:
Individual and Family Health Insurance
Chola Flexi Health is an insurance plan that molds itself around your life. You can personalize your sum insured, premium payment mode, and tenure und...
Unique Features
There are certain sub-limits applicable to room rent and emergency road ambulance under the Chola MS Flexi Health Insurance as per the policy schedule.
The eligibility criteria under Chola MS Flexi Health Insurance are given below Adults - 18 to 65 years Dependent Children - 03 months to 26 years
The Chola Flexi health insurance offers a wide range of sum insured options to its customers ranging from 2 to 25 Lacs and can be customized as per the requirements of the customer.
No, customers can not avail of medical coverage internationally under Chola Flexi health insurance. The cover is only applicable in India.
Under Chola Flexi Health Insurance relationships covered are mentioned below Self Spouse Children Dependent Parents Dependent Parents-in-law Depdent siblings
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Simran is an insurance expert with more than 4 years of experience in the industry. An expert with previous experience in BFSI, Ed-tech, and insurance, she proactively helps her readers stay on par with all the latest Insurance industry developments.
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