Chola MS General Insurance Company Limited

Cholamandalam MS General Insurance Co. Ltd., a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan, began its operations in 2002. The company has grown consistently to expand its 26 states with over 600+ touch points, and a network of over 15500 garages and 12,000 hospitals. The company has gross written premium (GWP) of Rs.7598 cr, a growth of 22.54% (as against multi-line players' growth of 14.2%). Chola MS operates with a solvency ratio of over 1.79 times. (Regulatory minimum of 1.5 times)

A leading and respected player in the General Insurance space, Chola MS champions the philosophy known as T3 — Trust, Transparency and Technology. Driven by a promise the company has taken — #pledge2protect — ‘customer centricity’ forms the essence of the brand. Guided by the values and beliefs of the Murugappa Group, the Five Lights (Integrity, Passion, Quality, Respect and Responsibility), Chola MS has been consistently recognised and awarded by the Government of India, international entities and ratings agencies for its insurance service and delivery innovations.

For more details, visit www.cholainsurance.com

Company Products – 

1. Flexi Plus (UIN: CHOHLGP24033V022324)

• Multiple, flexible Sum Insured up to a maximum of INR 7,50,000 lakhs, for Individuals as well as Family Floater
• For unrelated claims, Sum Insured Restoration clause up to 100%
• Waiting period is as low as 30 days of illness
• Coverage for Day Care procedures as well
• More than 12000+ Partner hospitals with cashless facility
• There are no limits on treatment or for Co-payments
• AYUSH Coverage

2. Chola Flexi Health Supreme (UIN: CHOHLIP22036V022122)

• Complete restoration of the base sum insured on exhaustion or insufficient Sum insured and Cumulative Bonus
• All Day Care Procedures are covered
• The Policy also Covers Infertility Treatment under Premiere Plan
• Covers Hospitalisation cost across the Globe on Reimbursement basis for planned hospitalisation
• The policy covers bariatric surgery under Premiere Plan
• New Born Vaccination
• Home Care Expenses
• In addition to regular health benefits, this policy provides financial protection in the event of accidental death of the insured person
• Coverage for maternity and new born baby

3. Flexi Max Protect – UIN : CHOHLIP21017V012122

• Extensive Coverage upto 50 Critical Illness
• Lumpsum benefit upto 50% of Sum Insured for Second Critical Illness
• Wider range of Sum Insured options upto Rs.5 Crores
• Pre policy health check-up only above 45 years of age and Sum Insured above Rs. 25 Lakhs
• Option to choose the survival period as ’30 days’ or ‘NIL’
• The product offers comprehensive benefits including coverage for ‘Loss of Job’ or ‘Loss of Income’
• “Loss of job” and “Loss of income” for self employed can be opted only and for the earning member’s up to the age of 65 years only.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI is not involved in activities like selling Insurance policies, announcing bonus, or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Disclaimer:

SMFG India Credit Co. Ltd. is a corporate agent of Cholamandalam MS General Insurance Co. Ltd. with Corporate Agency License No: CA0098. Commerzone IT Park, Tower B, 1st Floor, No.111, Mount Poonamallee Road, Porur, Chennai, Tamil Nadu - 600116. Insurance is a subject matter of the solicitation. Kindly note that “Insurance” and/or any “Third-Party Products” (TPP) are not mandatory for the purpose of application and disbursement of the loan. It shall be the sole discretion of the customer to avail such insurance and/or any Third-Party Products along with the loan.