Chola Healthline is a must-have insurance policy for growing families with small kids (entering school age). It is a health insurance policy that tends to provide insurance coverage on floater sum insured basis to the individual & families. One can cover the spouse, dependent children, parents, siblings, and parents-in-law as well.
Several health demands are covered by these medical insurance plans such as Ayurvedic treatments, Dentalcare, Eyecare, Maternity and some others which are probably beyond the covers provided by the regular health insurance policy. The sum insured of the policyholder gets increased by percentage (annually) based upon the plan chosen without any claim under the policy.
There are four different variants to suit the specific needs of the customers. Below is the explanation for each one of them:-
|Relationships Covered||Age Limits To Enter The Plan||Medical Checkup|
|Self, spouse, dependent parents or in-laws and siblings||18 years to 45 years||Health checkup not required up to 45 years of age|
|Children (up to 4 children )||90 days to 26 years||Health checkup not required|
|Covered benefits||Value Healthline||Freedom Healthline||Enrich Healthline||Privilege Healthline|
|Expenses for newborn baby hospitalization||Not provided||Not provided||Not provided||Up to 2 lakhs per delivery|
|Expenses for Emergency Ambulance (in INR)||1000||2000||2000||5000|
|Expenses for Domiciliary Hospitalization per policy year per policyholder||Up to 7 day||Up to 7 day||Up to 7 day||Up to 7 day|
|Expenses for Ayush Coverage||Expenses for Ayush Coverage||Covered||Covered||Covered|
|Expenses for Maternity (after 3 consecutive renewals and up to deliveries) (in INR)||Not provided||Not provided||Not provided||Maximum of 2 lakhs per delivery|
|Expenses for pre-hospitalization||For a month||For 2 months||For 2 months||For 2 months|
|Expenses for post-hospitalization||For 2 months||For 3 months||For 3 months||For 3 months|
|Expenses for organ donor hospitalization||Covered||Covered||Covered||Covered|
|Expenses for daycare procedures or treatment expenses||Covered||Covered||Covered||Covered|
|Expenses for the child hospitalization allowance (in INR per hospitalization)||Not covered||Not covered||500 on each hospitalized day for a week||Not covered|
|Expenses for dental/specs/hearing aids/contact lens (in INR)||Not covered||Not covered||Not covered||10,000 for every 2 policy years|
|Expenses for the allowance of extended hospitalization (in INR for a minimum of 10 days of hospitalization)||Not covered||Not covered||10000||10000|
|Expenses for specialist opinion for any type of critical illness||Not covered||Not covered||Not covered||25000|
|Double sum insured||Not covered||Not covered||Provided for critical illnesses and accidents||Provided for critical illnesses and accidents|
The Cholamandalam Healthline plan excludes the cover from the treatments of the following conditions:-
Like any other health insurance policies, the amount of the premium is based on several key factors such as age, sum insured, the term of plans, medical history, policy type preferred and coverage details. One needs to fill in all these details to calculate the premium instantly via any online calculator. However, with the change of variables, the premium amount can also be changed to a great extent.
The policyholder can avail the lifelong renewal benefit from the Cholamandalam Healthline policy and in case of having a no-claim year, the special benefits can be availed. These special benefits include the increase in the sum assured while the policy is renewed the following year.
|Privilege Healthline||Enrich Healthline||Freedom Healthline||Value Healthline|
|Expenses for Health Checkup||Provided once after two years of no claims||Provided once after two years of no claims||Provided once after three years of no claims||Not provided|
|Cumulative Bonus||Subject to a maximum of 50% of the entire sum insured, cumulative bonus of 5% of the sum insured is provided||Subject to a maximum of 100% of the entire sum insured, cumulative bonus of 50% of the sum insured is provided||Subject to a maximum of 50% of the entire sum insured, cumulative bonus of 5% of the sum insured is provided||Subject to a maximum of 25% of the entire sum insured, cumulative bonus of 5% of the sum insured is provided|
|Cumulative Bonus in case of a claim in every policy year||Reduced to 5% of the sum insured||Reduced to 5% of the sum insured||Reduced to 5% of the sum insured||Reduced to 5% of the sum insured|
Cholamandalam Healthline policy can be quite a beneficial insurance cover when compared to any other health insurance plan. This is because; it provides almost all medical benefits including Dental Cover, Maternity, Hospitalization expenses, Hearing Aids and Spectacles, etc.
Last updated on 12-11-2020