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Cholamandalam MS Critical Healthline Insurance Plan

Cholamandalam MS Critical Healthline Insurance Plan - Fixed Benefit Policy with flexible Sum Insured options for listed Critical Illness mentioned in the Policy. Get Income Tax exemption up to Rs.25,000/- under Section 80 D of IT Act for covering yourself, your spouse and dependent children under Chola MS Critical Healthline Insurance.

How is it different from a standard Mediclaim policy?

But isn't a standard Mediclaim policy enough?

Though a Mediclaim insurance covers both minor and critical hospitalization expenses, it does not provide for loss of income, mortgage repayments, educational expenses arising out of prolonged hospitalization, etc.

Chola MS Critical Healthline Insurance, on the other hand, gives you a lump sum if diagnosed with any of the listed illness (see list) without any hospitalization bill to help manage critical illness expenses, as well as other financial commitments, comfortably.

I already have life cover!

A life insurance policy pays your family when you are not around. Chola MS Critical Healthline Insurance pays you on the diagnosis of a life-threatening disease.

Reasons to buy Chola

  • Lump sum payment for a range of critical illnesses: Guaranteed cash will be paid when youre diagnosed with any of the critical illness that are included in our list
  • Two plan options to choose from
    Standard Plan: Covers 10 critical illnesses 
    Advanced Plan: Covers 12 critical illnesses plus ambulance charges of up toRS.1000.
  • Lifetime renewal

UIN no.IRDA/NL-HLT/CHSGI/P-H/V.I/154/13-14

Benefits - Chola MS Critical Healthline Insurance

  • First time purchase up to 65 years
  • No Medical checkup up to 55 years
  • Lifetime Policy Renewal
  • Flexible Sum insured
  • Proof of expenses / hospitalization bills not required for claims
  • Income Tax exemption up toRS.25,000
  • Differential rates for men and women
Relationships covered Entry Age 
limits
Plans Remarks
Self / Spouse / Parents / 
Parents-in-law
18 - 65 years Standard / 
Advanced
No medical 
checkup 
required 
up to 55 years
Dependent Child 5 - 25 years Standard / 
Advanced
No medical 
checkup 
required

Coverage - Cholamandalam MS Critical Healthline Insurance Plan

Chola MS will provide a Lump Sum Benefit on the first diagnosis of any of the Critical Illnesses covered under the plan. Which means, you have the security of a guaranteed sum in case you or your family member is diagnosed with a critical illness

Chola MS Standard Critical Healthline Chola MS Advanced Critical Healthline
Critical Illnesses covered
  • Cancer of Specified Severity
  • Stroke Resulting in Permanent Symptoms
  • First Heart Attack - of Specified Severity
  • Open Chest CABG
  • Kidney Failure Requiring Regular Dialysis
  • Multiple Sclerosis With Persisting Symptoms
  • Major Organ / Bone Marrow Transplant
  • Permanent Paralysis of Limbs
  • Surgery to Aorta
  • Primary Pulmonary Hypertension
  • Cancer of Specified Severity
  • Stroke Resulting in Permanent Symptoms
  • First Heart Attack - of Specified Severity
  • Open Chest CABG
  • Kidney Failure Requiring Regular Dialysis
  • Multiple Sclerosis With Persisting Symptoms
  • Major Organ / Bone Marrow Transplant
  • Permanent Paralysis of Limbs
  • Surgery to Aorta
  • Primary Pulmonary Hypertension
  • Parkinson's Disease
  • Motor Neuron Disease With Permanent Symptoms
Sum Insured in Lakhs (RS)
3 / 5 / 10
3 / 5 / 10
Waiting period for availing of benefits
from first purchase
90 days of commencement of policy
90 days of commencement of policy
Emergency Ambulance
Not covered
RS1000 per insured per policy year
  • A little note on Survival Period
  • Survival period is the time period when the disease and its effects become irreversible. In order for the claim for critical illness insurance to be effective, the severity of illness and survival of the insured person beyond the survival period needs to be established.
  • Here's the detailed list of Survival Period for diseases covered in Critical Healthline
Critical Illnesses Survival period for claim
after diagnosis
Cancer of Specified Severity 30 days
Stroke resulting in
permanent symptoms
90 days
First Heart Attack 30 days
Open chest CABG 30 days
Kidney failure requiring regular dialysis 30 days
Multiple sclerosis 180 days
Major organ or bone marrow transplant 30 days
Permanent paralysis of limbs 180 days
Surgery of Aorta 30 days
Primary pulmonary arterial hypertension 30 days
Parkinson's Disease 180 days
Motor Neuron disease with persistent symptoms 90 days
  • A little more specifications about the critical illness with clarity on valid and non-valid claims
  • Cancer of Specified Severity
  • Malignant tumors including leukemia, lymphomas and sarcomas characterized by uncontrollable growth and spread of malignant cells and the invasion and destruction of normal tissue are eligible for a claim.
  • Stroke Resulting in Permanent Symptoms
  • A stroke causing permanent neurological damage, which lasts for more than six months is payable under the policy. Reversible ischaemic attacks and traumatic injuries to brain are excluded.
  • First Heart Attack - of Specified Severity
  • First occurrence of Myocardial Infarctions are eligible.
  • Open Chest CABG
  • Open chest surgery for the treatment of a block in one or more coronary arteries with bypass grafts (CABG) is eligible for a claim.
  • Kidney Failure requiring regular Dialysis
  • A claim is payable when there is failure of both kidneys.
  • Multiple Sclerosis with persisting symptoms
  • When the symptoms of Multiple Sclerosis persist for at least six months, a claim is payable.
  • Major Organ / Bone Marrow Transplant
  • This policy covers transplant of a heart, lung, liver, kidney, pancreas (excluding the transplantation of the islets of Langerhans only) or bone marrow.
  • Permanent Paralysis of Limbs
  • A claim is payable for paralysis when there is a complete and permanent loss of use of both arms or both legs or one arm and one leg, due to paralysis persisting for at least six months.
  • Surgery of Aorta
  • When arteries become narrow and need surgical intervention to replace diseased ones with grafts, claims are valid.
  • Primary Pulmonary Arterial Hypertension
  • Pulmonary hypertension or abnormally high blood pressure in the arteries of the lungs is eligible for claim.
  • Parkinson's disease (Covered only in Advanced Plan)
  • Loss of muscle function and when normal activities are affected due to diseased motor neurons for at least six months is eligible to be covered.
  • Motor Neuron Disease (Covered only in Advanced Plan)
  • When motor neurons are diseased, and voluntary muscle activities including speaking, walking, breathing, swallowing and general movement of the body are affected for at least six months, claims can be made.

Exclusion - Cholamandalam MS Critical Healthline Insurance Plan

Main Exclusions

  • Any Critical Illness arising due to any pre-existing disease
  • Any Critical Illness diagnosed within the first 90 days from the date of commencement of the Policy
  • Intentional self Injury and / or the use or misuse of intoxicating drugs and / or alcohol
  • Death of insured person before survival period specified for specific diseases

Please refer to the Policy document for the complete coverage, exclusions and
terms and conditions of the policy

Premium Table - Cholamandalam MS Critical Healthline Insurance Plan

Premium in RS(Inclusive of Service Tax @ 18%)
Chola MS Standard Critical Healthline
Male Female
Age in
Years / Sum
Insured in RS
3,00,000 5,00,000 10,00,000 3,00,000 5,00,000 10,00,000
5 - 19 866 1156 1881 815 1070 1709
20 - 24 982 1398 2364 949 1344 2257
25 - 29 1163 1748 3064 1118 1676 2921
30 - 34 1441 2261 4328 1366 2136 3865
35 - 39 1846 3034 5984 1832 2884 5542
40 - 44 3051 5039 10012 2944 4737 9391
45 - 49 4335 7126 14173 4088 6684 13292
50 - 55 5862 9700 19145 5423 8869 17544
56 6905 10595 19879 5882 9637 18552
57 7800 12087 22862 6635 10893 21063
58 8830 13803 26293 7585 12475 24229
59 10012 15772 30232 8678 14296 27872
60 11364 18028 34743 9933 16387 32054
61 12911 20605 39897 11369 18783 36843
62 14673 23542 45774 13011 21519 42316
63 16679 26885 52459 14882 24638 48554
64 18957 30680 60049 17012 28186 55652
65 21537 34981 68651 19430 32216 63710
Premium in RS(Inclusive of Service Tax @ 18%)
Chola MS Advanced Critical Healthline
Male Female
Age in
Years / Sum
Insured in RS
3,00,000 5,00,000 10,00,000 3,00,000 5,00,000 10,00,000
5 - 19 975 1310 2149 881 1178 1923
20 - 24 1143 1590 2708 1072 1499 2562
25 - 29 1353 1940 3408 1295 1868 3303
30 - 34 1662 2454 4672 1576 2344 4260
35 - 39 2086 3239 6333 2057 3093 5940
40 - 44 3313 5274 10366 3173 4971 9807
45 - 49 4605 7363 14531 4318 6931 13716
50 - 55 6138 10042 19508 5655 9146 18062
56 6720 10849 20047 6261 9931 19136
57 7631 12366 23081 7013 11223 21661
58 8681 14116 26583 7976 12868 24831
59 9890 16130 30610 9090 15021 28476
60 11276 18441 35233 10310 16856 32660
61 12910 21165 40679 11792 19326 37453
62 14725 24189 46728 13433 22063 42926
63 16794 27638 53626 15306 25182 49164
64 19148 31562 61473 17434 28730 56262
65 21821 36016 70382 19852 32760 64321

Above premium includes service tax at 18 %

Please check with nearest Chola MS office for renewal premium above 65 yrs

The company may from time to time and subject to IRDA approval, will revise premium rates based on experience

The premium rates, terms and conditions at the time of renewal shall apply.

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