Cholamandalam MS Health Insurance Critical Illness Plans

Critical illness coverage is an essential component of every health insurance plan. Cholamandalam MS offers a specialised critical illness policy that covers major illnesses like first heart attack, cancer and many more. This Cholamandalam MS health critical illness policy can provide access to a huge network of partnered hospitals and medical facilities where you can get high-quality treatment at no or low out-of-pocket expenses. Let’s brief on the company before reading all about critical illness plans of Cholamandalam MS health insurance.

After 2001, when the company established its presence in the insurance market, it was recognised as one of the leaders. The years have taught it to be more dynamic and innovative. Nowadays, it is seen as an example for others. With one goal — to make every policyholder experience positive — the company makes sure that each policyholder gets what he deserves and needs, which is well-reflected in their innovative health insurance plans.

This article will provide details of the Cholamandalam MS health insurance critical illness plans.

Cholamandalam MS Critical Illness Policy

Major diseases might occur at any time. Whenever it occurs to the breadwinner, it creates an unexpected financial hardship for the household. In such a circumstance, the household is concerned not only with financing the medical costs but as well as the loss of their income. This results in the depletion of funds for one's retirement planning or even a child's schooling. Cholamandalam MS health insurance critical illness includes Critical Healthline Policy.

Benefits of Cholamandalam Health Critical Illness Insurance Policy

Here are the benefits of Cholamandalam MS health insurance critical illness plans that set it apart from the other health insurance plans:

1. Comprehensive Coverage

Sometimes it takes a life-threatening disease to bring focus to your current health. When you have MS Critical Healthline Insurance Plan with us, you can receive coverage for all your health conditions and illnesses, including serious illnesses such as cancer, blood pressure disorders, diabetes, strokes and many others.

The standard plan provides coverage for 10 major critical illnesses and their treatment. The advanced plan provides coverage for 12 major diseases and their treatment along with ambulance expenses, other treatment options, investigation, consultation fees and other expenses.

2. Lifetime Renewability

If you buy the Chola MS Critical Healthline Insurance as a solo policy, you can renew it for a lifetime. Also, you won't have to bother about regular renewals and grace periods if you settle the whole premium amount in one lump sum. Doing so lets you enjoy additional insurance reductions. If you pick the policy as an extension to your present base health insurance, you may customise the policy duration and the payment method.

3. No Documentation Requirement

Cholamandalam critical health insurance plan does not necessitate the submission of hospitalisation expenses. This claim procedure would be straightforward, requiring only a few papers. If you're a patient at any of the partnered network hospitals, the company's insurance representative will deal straight with the medical facility administration to resolve the case and provide you swift claim settlement experience.

4. Tax Breaks

Active policyholders can enjoy tax breaks on the premiums they pay to Cholamandalam MS. According to Section 80D of the  Income Tax Act, policyholders over 60 years can get tax deductions up to INR 50,000 along with an INR 5,000 preventive healthcare check-up deductions. For individuals under the age of 60, the same is reduced to INR 25,000 with a preventive healthcare deduction of INR 5,000.

Key Features of Cholamandalam MS Health Insurance Critical Illness Cover

If you are looking to find the best health insurance plans and their care plans, Cholamandalam MS health insurance critical illness plans are for you. The reason why we say so is that this is a premium-based plan that offers many benefits. Its reform focus is not only affordable but also good for your health.

Here are the key characteristics of Cholamandalam MS health insurance critical illness cover:

• The policy is divided into two plans – Standard and Advanced
• The sum insured ranges fromn INR 3 lakhs to INR 10 lakhs
• Quick hassle-free claim settlement
• Unlimited claims are allowed unless the amount of sum insured is exhausted
• Large network of cashless medical facilities

Cholamandalam MS Health Insurance Critical Illness Policy List

If you want to get the best health insurance plan for your family, Chola MS Critical Healthline is one of your best choices. You can easily choose from two policy variants based on your budget and needs.

Plans: 

• Chola MS Critical Healthline Insurance

Let’s check below the coverage of Cholamandalam MS health insurance critical illness plans.

Standard Variant Coverage

1. Specified severity cancer
2. Permanent symptoms from stroke
3. Myocardial infarction
4. Regular dialysis from kidney failure
5. Open chest CABG
6. Persisting symptoms of multiple sclerosis
7. Bone marrow or major organ transplant
8. Permanent limb paralysis
9. Aorta surgery
10. Primary pulmonary hypertension

Advanced Variant Coverage

1. Specified severity cancer
2. Permanent symptoms from stroke
3. Myocardial infarction
4. Regular dialysis from kidney failure
5. Open chest CABG
6. Persisting symptoms of multiple sclerosis
7. Bone marrow or major organ transplant
8. Permanent limb paralysis
9. Aorta surgery
10. Primary pulmonary hypertension
11. Parkinson’s disease
12. Permanent symptoms of motor neuron disease
13. Emergency ambulance expenses cover