Chola MS Arogya Sanjeevani Policy

Health insurance plans have become a basic necessity for many individuals as health issues are increasing day by day. So, IRDA has introduced a common health plan that is sold by many insurance companies. You can take a look at the Chola MS Arogya Sanjeevani Policy in which you can add your family members as well. There is no need for a health check-up until the age of 50 years in this insurance plan. You can earn discounts on this plan if you add more members to it. There are rebates on taxes as well if you show the premium while computing your income. Let’s see the key features of this insurance plan.

Key Features of Chola Arogya Sanjeevani Plan

1. One can cover his entire family in this insurance plan.
2. You don’t have to go through any medical check-up until the age of 50 years.
3. Enjoy various discounts by adding more members to the insurance plan.
4. This plan gives you the cover for the AYUSH treatment as well.
5. Get Cashless Facility at 8200+ hospitals across India.
6. Get Tax Deductions under section 80D of the Income Tax Act.
7. You are allowed to cover dependent children having the age of 90 days.

Risks Covered in this Health Insurance Plan

You can go through the various health risks that are covered in this insurance plan. The company will give you the cover for the medical expenses that have been incurred for the following risks.

Hospitalization Expenses

All the expenses like bed-charges, nursing charges, blood tests, ICU Charges, and other consultation fees are covered in this plan if in case you are hospitalized. You can see them below:-

1. Room’s Rent cover is 2% of the Sum Assured of up to Rs.5000.
2. ICU’s Rent cover is 5% of the Sum Assured of up to Rs.10000.

Pre and Post-Hospitalization Expenses

Your pre-hospitalization expenses prior to 30 days to hospitalization will be reimbursed by the company. Post-hospitalization expenses until 60 days are also covered in this insurance plan.

Cataract Expenses Reimbursement

If you are going for the treatment of Cataract Illness then those expenses will also be reimbursed. The reimbursement cataract risk will be the lowest of the following:-

1. 25% of the Sum Assured
2. · Rs.40000

Day Care Treatment Risk

If in case you get treatment within 24 hours and you are not hospitalized then those expenses will also be covered in this insurance plan. The treatment received within 24 hours without being hospitalized is known as the day care treatment.

Dental Treatment and Plastic Surgery Expenses

If you are going through the Dental Treatment and Plastic Surgery in need due to any other disease then those expenses will be borne by the company under this insurance plan. You will get the reimbursement for all the expenses incurred in the Dental Treatment and Plastic Surgery.

AYUSH Treatment

All the expenses related to the AYUSH Treatment are covered in the Chola MS Arogya Sanjeevani Policy. AYUSH treatment includes Ayurveda, Unani, Siddha, and Homeopathy treatments. So, all the expenses incurred for these treatments are covered in this plan.

Other Diseases Coverage

You will receive 50% of the Sum Assured if you are going through any treatment mentioned below:-

1. Uterine Artery Embolization and HIFU (High-Intensity Focused Ultrasound)
2. Balloon Sinoplasty
3. Deep Brain Stimulation
4. Oral Chemotherapy
5. Immunotherapy – Monoclonal antibody to be given as an injection
6. Intravitreal injections
7. Robotic Surgeries
8. Stereotactic radio surgeries
9. Bronchial Thermoplasty
10. Vaporisation of Prostrate (Green Laser treatment of Holmium laser treatment)
11. IONM – (Intra Operative Neuro Monitoring)
12. Stem Cell Therapy

Ambulance Cover

Ambulance plays a vital role in carrying the patient from one place to another. So, this plan will cover the expenses done on the ambulance and it will be a maximum of Rs.2000 per hospitalization.

Cover your Family

This plan can cover your entire family and give protection to all of them. You can see the members whom you can add to this health insurance plan

1. Spouse
2. Children
3. Parents
4. In-laws

No Claim Bonus Benefit

If you don’t make any claim in a year then the company will give you a cumulative bonus and your Sum Assured will be increased. The company will add 5% of the Sum Assured into the existing Sum Assured if you don’t make any claim. Your sum assured will keep on increasing until it reaches 50% of the Sum Assured.

Eligibility Criteria of Chola MS Arogya Sanjeevani Policy

Waiting Period of this Health Plan

There are two types of waiting periods in this insurance plan and they are for 4 years and 2 years. So you can see the diseases that need a waiting period of 2 years and 4 years.

Waiting Period of 2 Years

1. Internal Congenital Anomalies
2. Varicose Veins and Varicose Ulcers
3. Calculi in the urinary system, Gall Bladder, and Bile duct, excluding malignancy
4. Prolapse inter Vertebral Disc and Spinal Diseases unless arising from an accident
5. Pilonidal sinus, Sinusitis, and related disorders
6. Piles, Fissures and Fistula in anus
7. Non-Infective Arthritis
8. Hydrocele
9. Hernia of all types
10. Gout and Rheumatism
    Gastric/ Duodenal Ulcer
11. Cataract and age-related eye ailments
12. Benign prostate hypertrophy
13. All internal and external benign tumors, cysts, polyps of any kind, including benign breast lumps
14. Hysterectomy
15. Tympanoplasty
16. Mastoidectomy
17. Adenoidectomy
18. Benign ENT disorders
19. Tonsillectomy

Waiting Period of 4 Years

1. Treatment for joint replacement unless arising from an accident
2. Age-related Osteoarthritis & Osteoporosis