Quote Form

Our representative will call you within few minutes
Health Insurance 763 views March 1, 2021
Nobody wants to be hit financially in case of a medical emergency. Having health insurance is one of the suitable ways to ensure that your finances remain intact in case of any medical emergency. A health insurance plan can secure your finances in case some illness or disease happens. Chola Privilege Healthline Insurance Plan is one of the popular health insurance plans among customers that can provide comprehensive protection along with exciting benefits. Let’s look at some of the striking features of this plan before we go on to explain them.
One of the best things about the Chola Privilege Healthline Insurance Plan is that individuals can get cover for themselves along with their spouse and dependent children on a floater sum insured basis. Want to know its features in detail? Well, we will be doing the same along with its policy term, premium amount, the sum assured, etc. Keep reading to know more!
Table of Contents
Chola Privilege Healthline Plan from the Cholamandalam Health Insurance is a comprehensive plan with which you can get a health cover. Let’s look at some of the key features of this plan below so that you can know it better.
Chola Privilege Healthline Plan comes with multiple sum insured options that you can choose from. The options are – INR 5 lakh, INR 7.5 lakh, INR 10 lakh, INR 15 lakh, INR 20 lakh and INR 25 lakh. Do remember that the premium amount will depend on the chosen sum insured. The minimum premium amount stands at INR 13,533 for individuals up to 18 years with a sum insured option of INR 5 lakh.
You can choose the policy term from – 1 year, 2 years and 3 years. When you choose a longer policy term, you will get a discount on your premium amount. This discount stands at 6% on a 2-year policy and 12% on a 3-year policy.
Apart from this, individuals living in Tier 2 locations will also get a discount of 10% on their premium amount. Tier 1 locations are Mumbai, Chennai, Bengaluru, Kolkata, New Delhi, Gurgaon, Hyderabad, Ahmedabad, while other cities of India come under Tier 2 locations.
This plan from Cholamandalam Health Insurance can be a right fit for someone looking to meet maternity expenses. You can receive coverage for maternity expenses up to 2 deliveries for a maximum of INR 1 lakh per year. However, you can enjoy this benefit only after 3 consecutive renewals. So, you cannot have this benefit in the first 3 years of your policy.
Apart from this, any expenses towards the hospitalization of a newborn baby will also be covered under this policy up to the sum insured of the mother or the floater sum insured.
In case of a diagnosis of a critical illness or an unfortunate accident, the Chola Privilege Healthline insurance plan provides a double sum insured amount. So, you can remain worry-free in any of these conditions. Apart from this, if the insured person needs a special opinion for critical illnesses, he or she can get coverage up to INR 25,000 towards this expense.
Apart from this, individuals can enjoy several other benefits shown below.