Chola Swasth Parivar Insurance Policy

What is the Plan all About?

Chola Swasth Parivar Insurance provides a comprehensive health cover for families on floater sum insured basis. This health plan also provides personal accident cover for families on an individual sum insured basis.

2 plan variants can be opted under this plan:

Pearl
Royale

Key Features

Affordable health cover for families
Two plans options with flexible benefits
Lifetime renewability
In-house claims administration team
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 30 & 60 days.
Listed day care procedures/surgeries which need the insured to be hospitalized for less than 24 hours are covered. This benefit is applicable only in case of network hospital.
Accidental Death and Disablement is also covered for self, spouse, & child (maximum 2 children). This benefit is payable under Royale Plan.

Value Added Benefits

Sum Insured can be enhanced at the time of policy renewal.
No pre-policy medical check-up is required to 55 years of age.
50% Cost of pre-policy medical check-up is reimbursed.
Avail tax benefits u/s 80D as per IT Act, 1961 for premium paid for this plan.

Sub Limits

Room rent is payable up to 1% of the sum insured.
ICU charges are capped up to 1.5% of the sum insured.
Compulsory co-payment of 15% is applicable on each & every eligible claim. Another co-pay of 10% is applicable for treatment in a non-network hospital.
Permanent Total Disablement is covered up to 50/100% of SI, depending on the disability.
Permanent Partial Disablement is covered up to 2% to 60% of SI, depending on the disability.

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: 24 months Waiting Period will be applicable for specific illnesses under Pearl Plan and 12 months waiting period under Royale Plan for illnesses specified under the plan.
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	Adult: 65 Years, Children: 26 Years
Sum Assured	3 Lacs	5 Lacs
Cover Type	Individual/Family Floater	-
Policy Tenure	1 Year	1 Year
Grace Period	30 Days	-
Free Look Period	15 Days	-
Riders	-	-