Chola Classic Health- Family Plan

What is the Plan all About?

Chola Classic Health – Family Floater is a comprehensive health plan that takes care of family’s healthcare needs. This health plan covers medical expenses incurred arising from hospitalization of any insured family member.

5 plan variants can be opted under this plan:

Plan A
Plan B
Plan C
Plan D
Plan E

Key Features

Family health cover under one plan
Multiple plan options to choose from
Get Hospital Daily Allowance
Avail AYUSH Benefits
Lifelong renewability
Enjoy tax benefits

Policy Benefits

In-patient hospitalization expenses are covered as mentioned in the Policy.
Pre & Post hospitalization expenses are covered up to a maximum of 60 days before hospitalization & 90 days after hospitalization respectively.
Listed day care procedures/surgeries, which need the insured to be hospitalized for less than 24 hours are covered.
Hospital daily allowance is provided as per family per annum basis. This benefit is paid for a maximum of 7/14 days as per plan chosen. It is applicable for all plans except Plan E.

Value Added Benefits

Get Cumulative Bonus which offers a 5% increase in sum insured for each claim free policy year, to a maximum of 50%.
Sum Insured can be enhanced at the time of policy renewal.
AYUSH benefit is covered up to 100% of the sum insured.
Emergency ambulance charges are covered under this plan.
50% to 100% Cost of pre insurance, health check-up is reimbursed, depending on the plan chosen.
Cost incurred towards external aids and appliances are covered.
Home nursing care allowance is provided. This benefit is not applicable for Plan E.
Avail tax benefits u/s 80D as per IT Act, 1961 for premium paid for this plan.

Sub Limits

Room rent capping is in a range of Rs 3,000 to Rs 1000 per day, depending on the plan chosen.
Ambulance charges are payable as Rs 1000 (per family per annum).
External Aids and appliances is capped up to Rs 10,000 (per family per annum).
Home nursing care allowance is capped in a range of Rs 300 to Rs 200 per day (per family per annum).
Hospital daily allowance is covered in a range of Rs 500 to Rs 200, depending on the plan chosen.

Waiting Period Clause

Initial Waiting Period: A waiting period of 30 days from the inception date for all hospitalization claims except in case of accidents.
Specific Waiting Period: Specific illnesses such as Hernia, Hydrocele, Cataract, Hysterectomy, etc are covered after after 12 months of continuous policy coverage.
Pre existing Disease Waiting Period: Any pre-existing ailment/injury that was diagnosed /acquired within 48 months from the issuance of the first policy.

Who can Buy the Plan?

Factor	Minimum	Maximum
Age (as on last birthday)	Adult: 18 Years, Children: 90 Days	65 Years
Sum Assured	1 Lac	5 Lacs
Cover Type	Family Floater	-
Policy Tenure	1 Year	-
Grace Period	30 Days	-
Free Look Period	15 Days	-
Riders	Nil	-