Chola MS Individual Health Insurance Policy
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.
Key Features of Chola MS Individual Health Insurance Policy
What is covered in Chola MS Individual Health Insurance Plan?
Additional Benefits of Cholamandalam MS Individual Health Insurance Policy
Eligibility and Restrictions of Chola MS Individual Health Insurance Policy
|
Minimum |
Maximum |
Coverage Amount (in Rs.) |
50,000 |
10,00,000 |
Policy Term (in years) |
1 |
1 |
Entry Age (in years) |
- |
55 |
Renewable till Age (in years) |
- |
69 |
Tax Benefits in Chola MS Individual Health Insurance Policy
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.
Exclusions - What is not covered in Chola MS Individual Health Insurance Policy?