Chola MS Individual Health Insurance

Chola MS Individual health insurance policy is a medical insurance plan for individuals which covers medical expenses on hospitalisation. The policy can also be extended to dependent parents. There are no sub limits on diseases which is absent in most of the health insurance policies today.

• No medical check-up till 45 yrs of age
• No sub-limits for diseases
• Day care procedures which do not require 24 hr hospitalisation are covered

• Hospital room rent and boarding charges
• Doctor and surgeon’s  fees, nursing expenses, ICU and operation theatre charges
• Cost of medicines, dressing, splints, casts and prosthetic devices planted internally
• Allowance for nursing care done at home
• 141 Day care expenses (which do not require 24-hr hospitalisation)
• Pre-hospitalisation expenses for up to 60 days
• Post-hospitalisation expenses for up to 90 days
• Emergency ambulance charges
• Organ donors expenses (but cost of organs are not covered)

• Dependent parents (max age 65 yrs) can be covered under the same policy
• General health check-up available on payment of extra premium
• Eye examination available on payment of extra premium
• Daily hospital cash allowance available on payment of extra premium

Premiums paid towards health insurance policies up to Rs. 15,000 in case of individuals and Rs 20,000 for senior citizens are allowed as a deduction from the taxable income each year under section 80D of the Income Tax Act.

• One year exclusion on internal congenital conditions (existing at birth), cataract, hysterectomy, hydrocele, sinusitis, benign prostatic hypertrophy, fistula, piles and related diseases
• Any treatments done within first 30 days of taking the policy
• Pre-existing diseases for first  4 yrs
• HIV, AIDS and related diseases
• Any conditions caused due to war or contamination of radioactive materials
• Pregnancy and related illnesses
• Obesity and cosmetic treatments
• Vaccination
• Dental expenses
• Travel expenses
• Cost of the organ for transplantation