Cholamandalam Hospital Cash Healthline Plan: Buy & Renew Online

Cholamandalam Hospital Cash Healthline Plan

The Cholamandalam Hospital Cash Healthline plan provides a fixed daily cash benefit to the insured for each day of hospitalization. It helps to cover miscellaneous medical and non-medical expenses like transportation expenses, medicine costs, a hospital stay of a member with the patient, etc. It also offers a double cash benefit for ICU admission along with the convalescence benefit for long hospitalization.

Categories	Specifications
Sum Insured	Rs 1000 to Rs 3000 per day
Policy Tenure	1 year, 2 years, 3 years
Network Hospitals	10,000+
Incurred Claim Ratio (2020-21)	77.35%
Pre-policy Medical Check-up	Required for people above 55 years
Pre-existing Disease Waiting Period	4 years
Initial Waiting Period	30 days
Specific Disease/Procedure Waiting Period	2 years
Discount	Up to 10% family discount

Benefits of Cholamandalam Hospital Cash Healthline Plan

Here are the key benefits of buying a Cholamandalam Hospital Cash Healthline plan:

Coverage for Miscellaneous Hospitalization Expenses

This Cholamandalam health insurance policy pays a daily allowance to the insured to manage day-to-day ancillary expenses incurred during hospitalization. For eg: attendant expenses, transportation expenses, medicine costs, etc.
Double Benefit for ICU Hospitalization

If the patient is admitted to the ICU, the Cholamandalam MS General Insurance Company will pay twice the daily cash benefit amount.
Convalescence Benefit

The patient also gets a lump sum amount as the convalescence benefit in case he/she is admitted to the hospital for more than 20 days.
Tax Benefits

The premium for the Cholamandalam Hospital Cash Healthline policy is eligible for tax savings under Section 80D of the IT Act.

Cholamandalam Hospital Cash Healthline Plan Eligibility Criteria:

Check out the eligibility criteria for buying a Cholamandalam Hospital Cash Healthline plan:

Parameters	Eligibility Criteria
Minimum Entry Age	Adult - 18 years Child – 3 months Siblings – 5 years
Maximum Entry Age	Adult - 65 years Child – 26 years 36 years (for unmarried female children)
Coverage Type	Individual
Relationships Covered	Self, spouse, dependent parents, parents-in-law, siblings and dependent children
Renewability	Lifetime

Types of Cholamandalam Hospital Cash Healthline Plan

There are six types of Cholamandalam Hospital Cash Healthline plans:

Plan A – This plan offers a hospital cash allowance of Rs 1000 per day for a maximum of 20 days.
Plan B – This plan pays a daily cash benefit of Rs 2000 for up to 20 days of hospitalization.
Plan C – This plan provides a daily cash allowance of Rs 3000 for a maximum of 20 days of hospitalization.
Plan D – This plan offers a hospital cash benefit of Rs 1000 per day for up to 25 days.
Plan E – This plan pays a daily cash allowance of Rs 2000 for a maximum of 25 days of hospitalization.
Plan F – This plan provides a hospital cash allowance of Rs 3000 per day for a maximum of 25 days.

Inclusions of Cholamandalam Hospital Cash Healthline Plan

The Cholamandalam Hospital Cash Healthline plan includes the following coverage:

Hospitalization Cash Benefit – Illness/Accident – It pays a daily cash allowance to the insured in case he/she is hospitalized for an illness or accidental injury for more than 24 hours.
Hospitalization Cash Benefit – ICU – It pays double the hospital cash benefit amount to the insured for each day spent in the ICU.
Convalescence Benefit – It pays a lump sum amount to the insured for hospitalization of above 20 days.

Exclusions of Cholamandalam Hospital Cash Healthline Plan

The following coverage are excluded under the Cholamandalam Hospital Cash Healthline plan:

Self-inflicted injury or suicide
Obesity or weight control treatments
Maternity expenses
Treatment for injuries due to adventure or hazardous sports
External congenital diseases
Cosmetic or plastic surgery
Sexually transmitted diseases
Naturopathy treatments

FAQs

Q1. For how many days will the Cholamandalam Hospital Cash Healthline policy pay the cash benefit?

Ans: The Cholamandalam Hospital Cash Healthline policy will pay a daily cash benefit for a maximum of 25 days in a policy year, including ICU hospitalization.
Q2. Can I claim day care procedures under the Cholamandalam Hospital Cash Healthline policy?

Ans: No. You cannot claim day care procedures under Cholamandalam Hospital Cash Healthline. This is because the policy pays a cash allowance for each day of hospitalization.
Q3. Which documents should be submitted while claiming a Cholamandalam Hospital Cash policy?
Ans: You should submit the following documents while raising a claim under the Cholamandalam Hospital Cash Healthline policy:
- Duly filled claim form
- Investigation and test reports
- Copy of FIR/ MLC (for road traffic accident cases)
- Hospital discharge summary
- Previous consultation papers
Q4. Can I increase the sum insured of my Cholamandalam Hospital Cash Healthline policy?

Ans: Yes. You can increase the sum insured of your Cholamandalam Hospital Cash Healthline policy during renewals.
Q5. How can I buy the Cholamandalm Hospital Cash policy online?

Ans: You can buy the daily hospital cash policy from Cholamandalam MS General Insurance Company by visiting its official website or Policybazaar.com.

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