Cholamandalam Freedom Healthline Policy

Cholamandalam MS General Insurance Company Limited is a joint venture between Murugappa Group and Mitsui Simutomo Insurance Company Ltd. The portfolio of insurance products include engineering, health, travel, motor, etc. for both health and corporates.

The Freedom Healthline plan is a comprehensive plan for the entire family. It covers you and your family's needs in case of hospitalization.

Highlights of the Plan

  • Get a discount of 6% on 2-year policy and 12% on 3-year policy
  • AYUSH treatment is also covered in addition to Allopathy
  • No co-payment needed for non-network hospitals
  • No limits on room rent and no other sub-limits
  • Your sum insured can be enhanced at the time of renewal
  • This policy also covers dependent parents-in-law
  • Enjoy exclusive discount of 5-50% at pharmacies, hospitals, labs, fitness centers, eye hospitals
  • Gain tax exemption up to Rs. 35,000 under Section 80D

Scope of cover

Indivdual Plan

Entry Age

Adults :

Minimum : 18 years

Maximum : 65 years

Number of Members Covered

Maximum Members : 12

Maximum Adults : 8

Maximum Children : 4

Sum Insured

3/5/7.5 lakhs


discount

6% discount on premium for 2-year policy

12% discount on premium for 3-year policy

Policy Periods Available

1/2/3 years


Pre-Policy Medical Check-up

Not required up to age of 45 years

50% of the pre-policy health check-up cost will be reimbursed on issuance of policy

Family Floater Plan

Entry Age

For children : below 3 month – 26 years,

Adults :

Minimum : 18 years

Maximum : 65 years

Number of Members Covered

Maximum Members : 6

Maximum Adults : 2

Maximum Children : 4

Sum Insured

3/5/7.5 lakhs


discount

6% discount on premium for 2-year policy

12% discount on premium for 3-year policy

Policy Periods Available

1/2/3 years


Pre-Policy Medical Check-up

Not required up to age of 45 years

50% of the pre-policy health check-up cost will be reimbursed on issuance of policy

Important Features

Day Care Treatments

Due to scientific advancement, some surgical procedures/treatments do not require you to be hospitalized for a minimum of 24 hours to raise a claim.

    No-Claim Benefits

    In this policy, if you don't make any claim, then for every claim-free year, you earn a cumulative bonus of 5% on sum insured up to a maximum of 50%. In case of a clam, there is a 5% reduction in sum insured.

      Organ Donor Cover

      For expenses related to organ donation

        Pre Hospitalization

        The insurance company will compensate you for the medical expenses related to your hospitalization 60 days before the hospitalization.

          Post Hospitalization

          The insurance company will pay you for the medical expenses related to your hospitalization 90 days post hospitalization.

            Good to Have Benefits

            Health Check-up

            Expenses for health check-ups will be covered in 3 consecutive claim free years

              Home Hospitalization/ Domiciliary Hospitalization

              You can avail treatment at home up to base sum assured if hospitalized for maximum 7 days continuously.

                Non- Allopathic Treatment Expense Cover

                Pays for expenses for in-patient treatment that is taken under Homeopathy, Ayurveda, Unani and Sidha.

                  Emergency Ambulance

                  This plan provides domestic road ambulance cover up to Rs. 2,000

                    Value Adds

                    FREE LOOK PERIOD

                    For any reason, should you decide not to proceed with the policy, you can return the same and request for a refund within 15 days from the date of receipt of the policy document.

                      Terms & Conditions

                      Room Rent / Room Category

                      Covers expenses incurred for hospitalization up to Single occupancy AC room

                        Waiting Period

                        Cooling Off Period

                        A 30 days cooling off period for all claims except any arising out of accidental injuries.

                          Specific Illnesses

                          The policy covers some specific diseases/treatments only after 24 months. These include Cataract, Arthritis, Hernia, Kidney Stone, and so forth.

                            Pre-Existing Illnesses

                            You can claim for any pre-existing conditions after 36 months from the policy start date.

                              Permanent Exclusions

                              The Plan will not cover any liabilities towards the treatments of following conditions-

                              • Intentional self-injury
                              • Mental illness
                              • Cosmetic, aesthetic treatment
                              • Dental surgery
                              • AIDS
                              • Pregnancy, childbirth, miscarriage, and abortion
                              • Congenital disease
                              • Infertility and in vitro fertilization.
                              • Hospitalization out of war, riot, strike and nuclear weapons

                              Review of Cholamandalam Freedom Healthline Policy

                              The Freedom Healthline policy from Cholamandalam is one comprehensive plan that has multiple benefits for you and your family. It offers a 6% and 12% discount on 2-year and 3-year policy. Another highlight of this plan is that under individual policies, parents as well as parents-in-law are covered.

                              **Reviews and ratings are based only on Benefits and Conditions. Things like Claim Settlement Ratio, Hospital Network have not been covered under product ratings. These are covered under Company ratings.

                              Health Insurance Policies @ Coverfox

                              Schedule a call with our experts!

                              Please enter a valid phone number
                              Thanks! We will get back to you soon.

                              I hereby authorize Coverfox to communicate with me on the given number for my Insurance needs. I am aware that this authorization will override my registry under NDNC.

                              Close
                              Leave a rating!
                              1.0 (1 votes)