Cholamandalam Chola Accident Protection Insurance

*Please note that the quotes shown will be from our partners
*savings provided by insurer

Introduction:

The policy offers is available for the Individual as well as family in case of any accident. It allows for weekly compensation due to disability/death and is available on a worldwide basis.

Eligibility:

  • Minimum age- 18 years, maximum- 69 years.
  • Dependent children (up to 25 years of age) are eligible under family option

Policy Details:

Policy Benefits:

  • Accidental Death: If the Insured dies within the policy period, the nominee is compensated with the Insured Sum.
  • Permanent Total Disability: If such disability is continuous for 12 months, a percentage of sum insured is covered against.
  • Weekly Compensation: Compensation is provided against loss of income due to a disability.
  • Broken Bones: Fixed Amount is borne for treatment of fractures/accidental bone damage.
  • Modification of Residences / Vehicle:Expenses against modification of accommodation or own vehicle are covered in case of permanent total disability.
  • Family Transportation Benefit: Expenses against transportation of family member in case accidental death / permanent total disability of the insured.
  • Fee for Private tuition: Tuition fees of the Insured student are borne if he/she is not able to attend school/college due to an accident.
  • Ambulance charges:Ambulance hiring charges after an accident are covered.
  • Hospital Cash: Pays a daily allowance as stated in the policy schedule in the event of hospitalization either due to sickness or accidents
  • Repatriation of remains: Expenses against funeral or repatriation of remains, in case of death of the insured in foreign country are borne.

Exclusions:

  • Expenses due to suicide/ self-inflicted injury, sexually transmitted diseases, mental/nervous disorder, anxiety or depression.
  • Injuries due to involvement in war, invasion or terrorist activity involvement.
  • Participation in winter sports, sky diving, scuba diving or related sport activities.
  • Being under the influence of drugs or alcohol.
  • Exposure to radioactive substances or diseases due to intoxication.

 

Premium Details:

Coverage Table - Self

Sum Insured

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Crore

Annual Income Eligibility

50000

75000

1 lac

1.5 Lacs

2 Lacs

2.5Lacs

5 Lacs

7.5 Lacs

1 Crore

Accidental Death

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Cr

Permanent total Disability

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Cr

Permanent Partial Disability

2.5 Lacs

3.75 Lacs

5 Lacs

7.5 Lacs

10 Lacs

12.5 Lacs

25 Lacs

37.5 Lacs

50 Lacs

Weekly Indemnity

5,00000

5,00000

5,00000

5,00000

5,00000

5,00000

7,50000

7,50000

7,50000

Broken Bone

50,000

50,000

50,000

50,000

50,000

50,000

1 Lacs

1 Lacs

1 Lacs

Modification of Residence Vehicle

1 Lacs

1 Lacs

1 Lacs

1 Lacs

1 Lacs

1 Lacs

2 Lacs

2 Lacs

2 Lacs

Cost Of Transporting Mortal Remains

6000

6000

6000

6000

6000

6000

6000

6000

6000

Cost of Performance of Death Ceremonies

5000

5000

5000

5000

5000

5000

5000

5000

5000

Ambulance Hiring Charges

1000

1000

1000

1000

1000

1000

1000

1000

1000

Family Transportation Benefit

5000

5000

5000

10,000

10,000

10,000

15,000

15,000

15,000

Hospital Daily Cash (Up to 30 days) - Optional Cover

500/day

500/day

500/day

500/day

500/day

500/day

500/day

500/day

500/day

Premium Including Service Tax 14% (With Hospital Daily Cash)

1501

1758

2017

2534

3051

3569

6620

9207

11793

Premium Including Service Tax 14% (Without Hospital Daily Cash)

1035

1293

1552

2069

2588

3104

5999

8587

11224

 

 

Coverage Table - Family (Self + Spouse + Upto 2 Children)

Sum Insured

5 Lacs

7.5 Lacs

10 Lacs

15 Lacs

20 Lacs

25 Lacs

50 Lacs

75 Lacs

1 Crore

Accident Death - Spouse

2.5 Lacs

3.75 Lacs

5 Lacs

7.5 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

Permanent Total Disability - Spouse

2.5 Lacs

3.75 Lacs

5 Lacs

7.5 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

10 Lacs

Permanent Partial Disability - Spouse

1.25 Lacs

1.87 Lacs

2.5 Lacs

3.75 Lacs

5 Lacs

5 Lacs

5 Lacs

5 Lacs

5 Lacs

Accident Death - Per child

50000

75000

1 Lac

1.5 Lac

2 Lac

2.5 Lacs

2.5 Lac

5 Lac

5 Lac

Permanent Total Disability - Per child

50000

75000

1 Lac

1.5 Lac

2 Lac

2.5 Lacs

2.5 Lac

5 Lac

5 Lac

Permanent Partial Disability - Per Child

25000

37500

50000

75000

1 Lacs

1.25 Lacs

1.25 Lac

2.5 Lac

2.5 Lac

Tuition Fees Per child -Rs 250 Per day

5000

5000

5000

5000

5000

5000

5000

5000

5000

Coverage Under cost of Transporting Mortal Remains, Cost of performance of death ceremonies &ambulance hiring charges are same as under self

Hospital Daily Cash (Up to 30 days) - Optional Cover

500/day

500/day

500/day

500/day

500/day

500/day

1,000/day

1,000/day

1,000/day

Premium Including Service Tax 14% (With Hospital Daily Cash)

2327

2793

3207

4086

4965

5535

9207

11794

14432

Premium Including Service Tax 14% (Without Hospital Daily Cash)

1552

2017

2432

3310

4189

4758

8173

10759

13397

*The above rates may vary. Please check the policy wordings for more details.

Written By: PolicyBazaar - Updated: 06 September 2016
Cholamandalam Chola Accident Protection Insurance Reviews & Ratings
5 / 5 (Based on 24 Reviews)
(Showing Newest 15 reviews)
Pariniti
Maharajganj, August 02, 2016
Quality Product
Personal accident insurance plan of mine is great and coverage is high. Good work cholamandalam insurance company. The service is fast and premiums are less. The ambulance is facilitate for free at any location at any time.
Ratiket
Bairia, July 21, 2016
Good Insurance
Nowadays, Accident is a common issue. Precaution is better than cure that's why i took my alders advice and buy personal accident plan. Now the problem is there are vast range of insurers, I choose cholamandalam insurance which provide low premiums and good paybacks. Great policy which has large number of hospitals to provide on time customer service and treatment.
Nitesh
Khalapur, July 05, 2016
Personal Accident Policy
Policy i have is very nice and beneficial insurance plan i.e., personal accident insurance. Policy coverage is high and premium is low. Service is quick and ambulance service is provided at any location for free. Claims sanctioned easily.
Gaurav
Bharatpur, June 24, 2016
Nice Policy
The personal accident insurance plan is very much important in this time. I have one which has low premiums. The service is perfect and ambulance is provided for free of cost. Policy coverage is good and the accidental death benefits is inbuilt in the policy. Claiming is easy due to fast service and hassle free documentation. Good plan.
Lalit
Pune, June 03, 2016
Wonderful Policy
I have personal accident policy plan with cholamandalam ms general insurance. The number of facilities are provided like ambulance is free of cost and the premium is low. The policy coverage and claims are high. Large number of hospitals are providing service 24X7.
Kunal
Delhi, June 03, 2016
Perfect Policy
My cholamandalam personal accident policy plan is good. The policy coverage is high and the claims are also nice. The policy provides some good benefits like good future investment and save tax. The service provided by the executives and staff members is great. I like it.
Jiten
Ambala, June 03, 2016
Fine Policy
I good personal accident policy plan which buy from cholamandalam ms general insurance. The policy coverage is good approx. 89% and the claims are high which can easily sanctioned. The services are good and fast which provided by the executives and staff members. The plan is good for future security and it saves tax also. Updates are send to me regularly.
Harish
Pondicherry, June 03, 2016
Trustworthy
Buy cholamandalam personal accident plan which has many benefits like ambulance is not charge for ride and the number of hospitals is big so the service issues are not occur. Policy coverage is good ~90% and the claims are high. Claiming process is easy due to executives and staff members, they provide good and fast service.
Gaurav
Nilgiris, June 03, 2016
Power Plan
I bought cholamandalam personal accident plan. The policy coverage is good and the policy premium is low. The claims are high which is easily sanctioned because of the fast service provided by the company staff. Great future investment which saves taxes. I like the policy.
Fara
Zahirabad, June 03, 2016
Fantastic
Recently I purchase personal accident plan from cholamandalam ms general insurance. The policy is nice with its huge benefits like, worldwide comprehensive security coverage plans for individual and family members in case of an unfortunate event or a sudden accident. Simple and hassle free plan documentation. Online enrollment available for instant plan coverage and transparent terms and conditions.
Devesh
Barielly, June 03, 2016
Awesome Policy
I purchase cholamandalam personal accident plan. The policy is fantastic which facilitate the best returns in low premiums. The policy coverage is high ~87% and the claims are good. The claiming procedure is easy because the service provided by the executives and staff members of the company is awesome.
Sandeepa
Dwarakanagar, June 03, 2016
Good Policy Coverage
Last year I got an accident thank good I had a personal accident plan which covers the whole case and bill. Ambulance is provided from the accident spot to the hospital and then home. Really great service with good claims. Thanks, Cholamandalam ms general insurance.
Akanksha
Jaipur, June 03, 2016
High Returns
I have personal accident plan from cholamandalam ms general insurance. The policy coverage is 87% and the claims are good. The service is very fast and always on time. The ambulance is facilitate for free for both sides. Regular updates are mailed to me regarding policy.
Qasam
Mumbai, June 03, 2016
Fantastic Policy
My personal accident insurance policy plan is with cholamandalam ms general insurance. The policy coverage and claims are high with low premiums. The ambulance is facilitate for free of cost. Number of hospitals are collaborate for fast and better services. Daily update are mailed to me time to time. Service provided by executives is fast and on time.
Writu
Noida, June 03, 2016
Great Deal
I bought cholamandalam personal accident insurance plan. The policy coverage is high and the premium is low. Service is fast which facilitate by the executives. Good plan which secure the future queries. The ambulance is facilitate by the hospital and no extra charges for that. Huge number of hospitals are working 24X7.
Ekta
Faridabad, June 03, 2016
Manageable Policy
The cholamandalam personal accident plan is nice with good benefits. The policy coverage is high and the premium is low. The ambulance is facilitate for free and the number of hospitals are working for fast service. The behaviour of executives and staff members is nice. Good investment.
Ruhi
Mohali, June 03, 2016
Normal Policy
I purchase cholamandalam personal accident insurance plan. The policy coverage is high and the claims are even better. Claiming is fast due to fast service facilitate by the executives and the staff members. The ambulance is also included and without of cost. The web service is bit clumsy but manageable.
Tanu
Kolkata, June 03, 2016
Responsive Faculty
By long searching on internet, finally got the personal accident insurance plan which i buy from cholamandalam ms general insurance. The policy coverage is high ~89% and the premium is low as compare to paybacks. Claims are good and easily sanctioned becasue of fast service given by executives. The updates regarding policy is mailed regularly to me.
Yanvi
Darjeeling, June 03, 2016
Good Service
The cholamandalam personal accident insurance plan is really very good policy. The policy coverage is high ~87% and the premiums is low. The claims are the best and the claiming process is very easy due to executives and staff members facilitate good services. Even the ambulance is facilitate for free for pick and drop.
Umeed
Amritsar, June 03, 2016
Very Good
The policy i have is the best one among all. Cholamandalam personal accident plan I have which has low premiums. The policy coverage is high and the claims are even better. Fast services are provided by the executives and staff members. Good future investment.
Ikesh
Chandigarh, June 03, 2016
Nice
The benefits of the plan is good and service is awesome. Policy coverage is high and the policy premiums are low. Claiming procedure is very easy due to fast service provided by the executives. Great plan no doubt, thanks for cholamandalam personal accident plan. I really like my policy.
Ojhal
Bangalore, June 03, 2016
Average Policy
I found personal accident plan by long searching on web and took it from cholamandalam ms general insurance. The policy coverage is high ~90% and the policy claims are even better. The claims are easily sanctioned because the executives and staff members are ready to help each and every time with calm behaviour. Good investment, I like the policy.
Pooja
Ahmednagar, June 03, 2016
Good Plan
I found personal accident policy plan which i buy from cholamandalam ms general insurance. The policy coverage is good 89% and the claims are high which can easily be sanctioned due to fast services provided by the executives and the staff members. The premium is low.
Yogesh
Patna, May 12, 2016
"Awesome"
Recently i buy cholamandalam personal accident plan. The policy is nice with its huge benefits like, worldwide comprehensive security coverage plans for individual and family members in case of an unfortunate event or a sudden accident. Simple and hassle free plan documentation. Online enrollment available for instant plan coverage and transparent terms and conditions. Good services, I like it.