Chola MS travel insurance

Key features of Chola MS Travel Insurance

• Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan offering a wide range of insurance products that includes Travel insurance. Chola MS champions a brand philosophy called T3, which stands for Trust, Transparency and Technology.
• Their International Travel insurance plans have a wide range of Accident & Sickness Sum Insured to choose from upto $250,000 and offer travel policy extension upto 185 days for a single trip in case the traveller’s trip gets extended. They also have a Domestic Travel Cover.
• All Chola Travel insurance plans have Coverage without sub-limits for persons above 60 years of age.
• Their Comprehensive Travel insurance plan has a unique Reimbursement of travel expenses towards compassionate visit and return of minor children coverage.
• Complete Global Protection with 24 /7 Assistance through their TPA partner Europ Assist ensuring Prompt claims settlement process including Cashless treatment for Inpatients.
• No medical tests required before purchasing any of Cholamandalam’s Travel insurance plans.
• Customised plans for Senior Citizens, Students and for travel to Asian destinations.

Its parents are illustrious in their respective fields. Founded in 1900, the INR 300 Billion Murugappa Group is one of India's leading business conglomerates in South India. The Group has 28 businesses including Carborundum Universal Ltd., Chola MS Investment and Finance Company Ltd., Coromandel International Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., and Tube Investments of India Ltd., among others. Mitsui Sumitomo Insurance is one of the core operating companies within the MS&AD Insurance Group. MSI carries out its international business through an overseas network of 42 countries and regions. Making full use of over 90 years' experience in international business, MSI provides products and services to alleviate the wide variety of risks occurring throughout the world. Although Chola MS has been a late entrant into the Travel Insurance segment, they have been able to quickly establish themselves as a serious player South India in Travel Insurance with innovative products and customised service.

Chola Travel Insurance Overview

• Chola Travel Protection – Single Trip

  Comprehensive Travel

  Chola Comprehensive Travel Insurance Policy offers you wide range of insurance protection at an affordable cost. The comprehensive travel insurance policy by chola provides 3 plans :

  • Travel Plus
  • Travel Pleasure
  • Travel Delight

  Comprehensive Travel Insurance Policy can be availed for self, spouse and parents from the age of 18 to 65 years and for children from 03 months to 26 years.

  S.No	Benefits	Travel Plus	Travel Pleasure	Travel Delight	Deductibles
  1.	Overseas Medical Expenses (including Repatriation of Mortal Remains — USD 7500, Medical Evacuation/Transportation)	$50,000 $1,00,000 $2,50,000 $3,50,000 $5,00,000	$50,000 $1,00,000 $2,50,000 $3,50,000 $5,00,000	$50,000 $1,00,000 $2,50,000 $3,50,000 $5,00,000	$100
  2.	Dental Treatment Expenses	$200	$300	$500	$50
  3.	Total loss of Checked-In-Baggage and Hand Baggage	$250 and $50	$500 and $50	$1,500 and $50	Nil
  4.	Delay of Checked-In-Baggage	$150	$200	$300	12 hours
  5.	Loss of Passport	$150	$250	$300	$30
  6.	Personal Accident – Overseas	$15,000	$23,000	$38,000	Nil
  7.	Personal Liability	$50,000	$100,000	$100,000	$100
  8.	Financial Emergency	$200	$250	$500	Nil
  9.	Loss of International Driving License	$100	$100	$100	$25
  10.	Home Burglary	Not Applicable	INR 1,00,000	INR 2,00,000	5% of SI for Home Burglary
  11.	Trip Cancellation	Not Applicable	$500	$1,500	$50
  12.	Trip Curtailment	Not Applicable	$200	$1,000	$50
  13.	Trip Delay	Not Applicable	$120 (10/12 hrs)	$120 (10/12 hrs)	12 hours
  14.	Missed Flight Connection	Not Applicable	$200	$500	3 hours
  15.	Emergency Telephone Charges	Not Applicable	$100	$300	Nil
  16.	Compassionate Visit	Not Applicable	$1,250	$1,500	5 days
  17.	Return of Minor Children	Not Applicable	Not applicable	$2,000	5 days
  18.	Rental Car Excess Cover	Not Applicable	Not applicable	$2,000	$100
  19.	Adventurous Activities Cover	Not Applicable	Not applicable	$5,000	24 hours
  20.	Rehabilitation Services	Not Applicable	Not applicable	$500	$50
  21.	Pediatric Services	Not Applicable	Not applicable	$40	Nil
  22.	Hospital Daily Cash**	$150 ($15/day max 10 days)	$250 ($25/day max 10 days)	$400 ($40/day max 10 days)	24 hours
  23.	Hijack Relief**	$350 ($50/day max 7 days)	$350 ($50/ day max 7 days)	$700 ($70/day max 10 days)	Nil
  24.	Ambulatory Care Services**	upto 5% of the Sum Insured Applicable for Overseas Medical Expenses	upto 5% of the Sum Insured Applicable for Overseas Medical Expenses	upto 5% of the Sum Insured Applicable for Overseas Medical Expenses	$100
  25.	Bounced Booking of Hotel**	$1500	$1500	$1500	Nil
  26.	Personal Accident – Domestic*** Accident Medical Expenses*** Repatriation of Mortal Remains***	INR 10,00,000 INR 1,00,000 INR 10,000	INR 15,00,000 INR 1,50,000 INR 10,000	INR 25,00,000 INR 2,50,000 INR 10,000	Nil
  SI Sum Insured $ in the above table refers to USD. ** Optional Covers (Overseas) (Sum Insured & Deductible in US $) *** Optional Domestic Covers (Sum Insured in INR)

• Chola Travel Protection – Leisure Travel

  Chola Travel Protect offers two variants under their International Travel Insurance Plan for Single trips namely Silver and Gold and each of these variants offer two options of Sum Insured for Accident & Sickness expenses. Under the Silver Plan, the two options are for $50,000 and $100,000 while the Gold Plan has Sum insureds of $100,000 and $250,000. The other benefits under the plan include Dental Treatment, Repatriation of Remains, Baggage Loss & Delay, Passport Loss, Personal Liability, Trip Cancellation and Curtailment etc.

  Silver	Gold	Deductible
  Medical Cover (Emergency evacuation included)
  $ 50,000 / $ 100,000	$100,000 / $ 250,000	$ 100
  Repatriation of Remains (within the overall medical limit)
  $ 7500	$ 7500	N/A
  Dental Treatment
  $ 250	$ 250	$ 50
  Checked Baggage Loss
  $ 250	$ 1000 ($ 500 for Med SI 100K)	N/A
  Checked Baggage Delay
  $ 100	$ 100	12 Hrs
  Passport Loss
  $ 150	$ 250	$ 30
  Personal Accident-Overseas
  $ 10,000	$ 25,000 ( $ 10,000 for Med SI 100k )	N/A
  Personal Accident - Domestic
  INR 100,000	INR 250,000	N/A
  Personal Liability
  $ 100,000	$ 100,000	N/A
  Hijack Relief Benefit ( $100 / day: max 7 days)
  $ 700	$ 700	12 Hrs
  Hospital Daily Cash ( $ 25 / day; max 14 days )
  N/A	$ 350	N/A
  Financial Emergency
  N/A	$ 250	N/A
  Trip Cancellation
  N/A	$500	$50
  Trip Curtailment
  N/A	$500	$50
  Trip Delay (10 per 12 hrs; max $ 150)
  N/A	$ 150	12Hrs
  International Driving License Loss
  N/A	$ 100	$ 25
  Home Burglary (Contents First Loss Basis)
  N/A	INR 200,000	INR 2500

• Chola Travel Protection – Annual Multi Trip

  Chola MS also offers comprehensive coverage for frequent travellers under their Annual Multi Trip option. This policy is suitable for travellers who travel abroad atleast 2-3 time a year on business or leisure. While the policy itself is issued for 1 year, the plan has options of 30 / 45 / 60 / 90 days for each single trip depending on their travel plans. The plan itself comes with two Sum insured variants for Accident & Sickness Medical expenses of $100,000 and $250,000. Apart from Medical Expenses the policy also covers Dental Expenses, Personal Accident both in India and Overseas, Checked In Baggage Loss and Delay, Passport and International Driving License Loss, Trip Cancellation and Curtailment, Trip Delay and Personal Liability.

  Annual Multi-Trip - 100K Plan	Annual Multi-Trip - 250K Plan	Deductible
  Medical Cover
  $100,000	$250,000	$ 100
  Repatriation of Remains (within the overall medical limit)
  $ 7500	$ 7500	N/A
  Dental Treatment
  $ 250	$ 250	$ 50
  Checked Baggage Loss
  $ 1000	$ 500	N/A
  Checked Baggage Delay
  $ 100	$ 100	12 Hrs
  Passport Loss
  $ 250	$ 250	$ 30
  Personal Accident-Overseas
  $ 10,000	$ 25,000	N/A
  Personal Liability
  $ 100,000	$ 100,000	N/A
  Hijack Relief Benefit ( $100 / day: max 7 days)
  $ 700	$ 700	12 Hrs
  Hospital Daily Cash ( $ 25 / day; max 14 days )
  $ 350	$ 350	N/A
  Financial Emergency
  $ 250	$ 250	N/A
  Trip Cancellation
  $500	$500	$50
  Trip Curtailment
  $500	$500	$50
  Trip Delay (10 per 12 hrs; max $ 150)
  $ 150	$ 150	12Hrs
  International Driving License Loss
  $ 100	$ 100	$ 25

• Chola Travel Protection – Senior Citizen Plan

  For Senior Citizens between the ages of 71 – 80 years, Chola has a specific Senior Citizen plan under their umbrella Travel product. This comes with benefits like Accident & Sickness Expenses, Repatriation of Remains, Dental Expenses, Passport Loss, Baggage Loss and Delay, Personal Accident in India (coverage during the insured’s travel between the their residence and the International Airport), Hijack benefit and Daily Hospital Cash (during the insured’s admission in hospital).

  Platinum	Deductibles
  Medical Cover
  $ 50,000	$ 100
  Repatriation of Remains (within the overall medical limit)
  $ 7500	N/A
  Dental Treatment
  $ 250	$ 50
  Checked Baggage Loss
  $ 250	N/A
  Checked Baggage Delay
  $ 100	12 Hrs
  Passport Loss
  $ 150	$ 30
  Personal Accident - Domestic
  INR 100,000	N/A
  Hijack Relief Benefit ( $100 / day: max 7 days)
  $ 700	12 Hrs

  *For the Senior Citizen plan, for persons within the age group 71-75 years, the maximum eligible medical expenses per sickness, disease or accident sustained or contracted within the period of insurance whilst on the trip abroad, that may lead to one or more medical expenses and / or hospitalization expenses are restricted to USD $12,500 irrespective of the plan / option purchased. The Insurer's liability for Medical Expenses incurred on any accident will be restricted to USD $25,000 as a sub limit of the Limit of Indemnity under the Medical Expenses Cover. These limits are further restricted to the maximum sum insured specified in the schedule.

  For the Senior Citizen plan, for persons within the age group 76-80 years, the maximum eligible medical expenses per sickness, disease or accident sustained or contracted within the period of insurance whilst on the trip abroad, that may lead to one or more medical expenses and / or hospitalization expenses are restricted to USD $10,000 irrespective of the plan / option purchased. The Insurer's liability for Medical Expenses incurred on any accident will be restricted to USD $25,000 as a sub limit of the Limit of Indemnity under the Medical Expenses Cover. These limits are further restricted to the maximum sum insured specified in the schedule.

• Coverage Description for benefits under the Chola Travel Protect Plans include:

  Medical expenses
  This covers any sudden expenditure incurred as a result of a covered Accident or Sickness that occurs to the insured as a result of an emergency medical situation during the overseas travel.
  Dental treatment
  This is for treatment to sound teeth in addition to the medical expenses cover limit.
  Loss of checked-in baggage
  Compensation is offered in the event of permanent loss of all luggage while still in custody of the airline / common carrier.
  Delay in checked-in baggage
  Compensation is offered for expenses incurred by the policy holder to buy replacement items for essentials, such as toiletries, that might have been in the checked-in baggage that has been delayed by the airline beyond a period of 12 hours.
  Loss of passport / International Driving License
  Compensation is provided under the policy for reasonable expenses arising out of the process of getting a duplicate passport / international driving license whilst still abroad.
  Personal accident cover (Domestic & Overseas)
  This coverage is for both Permanent Total Disability and Death as a result of an unfortunate accident during the insured’s overseas travel. Under the Domestic section of this coverage, the insured is also covered during their journey to and from the International Airport to their residence in India.
  Personal liability
  Cover for legal liability incurred by the policy holder towards a third party, either in terms of injury or damage to property due to any inadvertent reason.
  Financial emergency
  Under the policy, compensation is available to the insured for the loss of insured funds due to robbery or theft during the overseas trip.
  Hospital daily cash
  Compensation for expenses over and above the Accident & Sickness cover is provided if the insured is hospitalised. This is provided for any incidental expenses that the insured might incur and is reimbursed for each day of hospitalization. The claim for this should be filed under the medical expenses cover.
  Hijack relief
  Cover offered via sum insured for each day that travel is disrupted as a result of the hijack of the aircraft for more than 12 hours
  Trip Cancellation / Curtailment
  Reimbursement is provided to the insured for any non-refundable expenses related to travel tickets, hotel and tour bookings that might be incurred if the trip is cut short or cancelled for a covered reason. While Trip Cancellation is for cancellation of onward journey, the Trip Curtailment is for cancellation of the return leg post commencement of the trip.
  Trip delay
  Insured can claim reimbursement for the amount spent on meals and lodging arising out of a delay in travel of more than 12 hours of the airline, if such expenses are not covered by the airline.
  Home burglary cover
  Loss of or damage to contents of the policy holders home in India while the insured is traveling abroad. This is provided for Contents lost due to a first on a First loss basis.
  
  

• General Exclusions under the Chola MS Travel Protect Plans:

  Some of the key general exclusions are listed below, please refer to the entire list available along with your policy document.
  • any treatment if that is the sole reason or one of the reasons for the travel Overseas
  • any treatment which could in the opinion of the Overseas Administrator and attending Doctor be or have been delayed until the Insured Person's return to India
  • treatment by relatives under any circumstances
  • War (whether declared or not), civil war, invasion, act of foreign enemies, rebellion, revolution, insurrection, mutiny, military or usurped power, seizure, capture, arrest, restraint or detainment, confiscation or nationalization or requisition of or damage by or under the order of any government or public local authority or terrorism or terrorist acts. However, for the scope of the Hijack Relief only, terrorism exclusion shall stand excluded from the General Exclusions category
  • Any intentional, reckless or criminal act, suicide, or attempted suicide, or the use or abuse of any drugs, alcohol and the like
  • Ionising radiation or contamination by radioactivity from any nuclear waste from combustion of nuclear fuel; or the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof, or asbestosis or any related condition resulting from the existence, production, handling, processing, manufacture, sale, distribution, deposit or use of asbestos, or asbestos products
  • Participation in naval, military or air force operations whether in the form of military exercises or war games or actual engagement with the enemy whether foreign or domestic;
  • any loss of which a contributing cause was the Insured Person's actual or attempted commission of, or willful participation in, an illegal act or any violation or attempted violation of the law or resistance to arrest
  • HIV, AIDS and all related medical conditions.
  • Any condition after the point at which it is certified by the attending Doctor to be of such a nature that further medical treatment may serve to stabilise or maintain it but is unlikely to result in a material improvement within a reasonable timeframe.
  • Any claim arising out of sporting activities in so far as they involve the training or participation in competitions of professional or semi- professional sportspersons, unless declared beforehand and necessary applicable premium paid