Cholamandalam Insurance Plans

Cholamandalam Personal Accident insurance

A personal accident policy ensures economic stability and includes death, physical injury and body burns. Personal accident insurance enables you deal with the sudden economic burden and also puts your life back on track by offering powerful security and coverage. You don't just invest in a policy by purchasing a personal accident plan, but you purchase peace, security and security for the whole family.

Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan.

Chola MS offers a wide range of insurance products that include Motor, Health, Property, Accident, Engineering, Liability, Marine, Travel and Crop insurance for individuals and corporates. In 2018, the company achieved a Gross Written Premium (GWP) of INR 41,026 million. Chola MS currently has 87 branches and over 34,000 agents across the country.

Chola MS champions a brand philosophy called T3, which stands for Trust, Transparency, and Technology. It has also been consistently recognised and awarded by the Government of India, international entities and ratings agencies for its insurance service and delivery innovations.

Some of the awards that the company has bagged over the recent years include :
  • Golden Peacock Award – For Best Practices in Risk Management by Institute of Directors.
  • Tamil Nadu Award – Pride of BFSI Industry for Performance, Growth, Market Performance, Customer Service & Technology.
  • Times Ascent Award – Dream Company to Work for in 2017 in the Private Sector.
  • Best CSR Practices Award.
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Cholamandalam Health Insurance review

Cholamandalam Health Insurance
Chola Health Insurance sum insured
2 lacs − 25 lacs options available
Incurred Claims Ratio *
104.00%
Chola Health Insurance tenure options
1,2,3 years options available
Claims Settlement Ratio **
62.74%
List of network hospitals
10,000+ hospitals
Number of policies issued *
2,50,657
Maximum family floater coverage
Self, Spouse + 4 dependent children
Number of lives covered *
45,66,345
* As per IRDAI report for 2020-21   |   ** As per NL25 data published on the Insurance Company website

Chola Personal Accident insurance product

Key Features:
  • Find out the Benefits of Chola Personal Accident Insurance.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025
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