Eligibility age

Minimum age- 18 years

Maximum age- 65 years

5 years in case of children

Basis

Individual

Renewability

There is a lifetime indemnity limit in case the policy is renewed continuously

Premium

Plan A:

• Rs 1000 per day

• Convalescence benefit - Rs 10,000

• Premium offered - Rs 776 to Rs 6947

Plan B:

• Rs 2000 per day

• Convalescence benefit - Rs 15,000

• Premium offered - Rs 1342 to Rs 13,609

Plan C:

• Rs 3000 per day

• Convalescence benefit - Rs 20,000

• Premium offered - Rs 1908 to Rs 20,272

Cover offered

The policy offers insurance coverage under three different plans. Here are some things covered by the insurance policy:

• Hospital Confinement Cash Benefit

• Double confinement benefit - in case of ICU hospitalization

• Convalescence Benefit - Lump sum payment for hospitalization beyond 20 days

• Family Discount - 5% on the total premium for every additional insured

Discount

Up to 10% family discount on the premium paid

Benefits

The benefits of Chola MS Hospital Cash insurance policy are mentioned below:

• A stipulated amount of money is paid to the policyholder during the entire period of hospital stay, for a stipulated period.

• A daily cash amount for each continuous and completed period of 24 hours during hospitalization is provided, irrespective of the money spent.

• The policyholder can also avail enhanced cash benefits on ICU admission

• Both individual and family hospital cash insurance plans are available. Adults are entitled to 100% of the sum assured, children are offered 50% of the sum assured.

• Quick and efficient settlement through Chola MS HELP

• Simple paperwork and exemption from pre-policy medical check

• Grace period of up tp 30 days for policy renewal

Exclusions

Listed below are the exclusions that are not covered by the health insurance plan:

• Any pre-existing condition(s), until 48 consecutive months of continuous coverage have elapsed, since inception of the first policy.

• Any illness diagnosed or diagnosable within 30 days of the effective date of the policy period in case of first individual Hospital Cash benefit policy.

• Hospitalization arising out of conditions that may be associated with the consumption of drugs or alcohol and similar intoxicants.

• Procedures undertaken for cosmetic enhancement or weight loss

The following diseases are excluded during the first and second year of policy inception.

Year One:

• Cataract

• Benign Prostatic Hypertrophy

• Hysterectomy for Menorrhagia or Fibromyoma

• Hernia or hydrocele

• Fistula

• Piles

• Sinusitis & related disorders

• Gallbladder stones.

Year Two:

• Spondylitis/Spondilosis

• Knee / Hip joint replacement

• Internal congenital diseases

• Osteoarthritis of any joint

• Internal tumours, cysts, nodules, polyps including breast lumps (each of any kind unless malignant)

• Gout & rheumatism

• Surgery of varicose veins or ulcers

• Surgery on tonsils

• ENT disorders & surgery

• Calculus diseases of gall bladder and urogenital tract

• Gastric & duodenal ulcers

• Surgery of genito urinary system

• Surgery for prolapsed inter vertebral disk