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Cholamandalam MS General Insurance Co. Ltd.

Cholamandalam insurance is one of the companies of Murugappa group. Cholamandalam general insurance company offers different types of insurance products like Health insurance, Car insurance, Travel insurance, Home insurance, Personal accident insurance and insurance for corporate and rural people. It offers online buying and renewal of insurance policy. Cholamandalam has effective risk management solution and it offers comprehensive solution in the field of insurance.

Products offered by Cholamandalam general insurance:

A) Health Insurance: Health insurance basically covers the hospitalization expenses arising out of any illness or accident. Cholamandalam offers health insurance to both individual and family floater. Health insurance portability is available in Cholamandalam health insurance policy.

Different types of health insurance products offered by Cholamandalam are:
  1. Individual health which covers the hospitalization expenses of policyholder. Entry age for the policy is 18 years to 65 years and the sum insured option available from Rs.50, 000 to 20 Lacs. Cholamandalam also offers the family health policy which covers all the dependent family members.

  2. Critical illness policy pays policyholder lump-sum amount in the event of the mentioned critical illness. Entry age for the policy is up to 65 years and sum assured option available is from Rs. 3 Lacs to 10 Lacs. Cholamandalam Critical illness policy covers against 10 critical illnesses.

  3. Top up health policy pays policyholder if the claim amount exceeds the deductible amount. Cholamandalam Top up health policy is available for 18 years to 65 years and the sum insured option is available from Rs.50,000 to 15 Lac with several of deductible options.

B) Car Insurance: Car insurance gives reimbursement to policyholder in case of any accidental damage to car or commercial vehicle. Car insurance is compulsory as per the law. Cholamandalam offers Car and commercial vehicle insurance. Plan covers own damage cover and also third party liability. Some of the key features of the car insurance are unlimited cover of third party personal liability, no claim discount, car get reinsured after taking into account the depreciation on IDV value. Cashless facility available with 400 preferred garages. You can buy car insurance online too. Before buying car insurance it is always advisable to read the exclusion list.

C) Travel Insurance: Travel insurance generally covers the hospitalization expenses during the travel abroad. Cholamandalam travel insurance is designed for students, businessman and corporate travel. Some of the key features of the business travel insurance are adventure sports cover, senior citizen covers. The features of Student travel insurance are: Sponsor protection cover, study interruption cover and corporate travel insurance covers express claim processing, this is because of Cholamandalam's tie-up with Europ Assistance India Pvt. Ltd which are leading service providers. The corporate travel covers total loss of baggage and delay of checked baggage, covers loss of passport and international driving license.

D) Home Insurance: Home insurance generally covers home and other assets and valuables within. Cholamandalam Home insurance covers building structure against the damage due to fire, lightning, explosions, riots, strike, earthquakes, landslide, flood, storm etc. Cholamandalam Home insurance policy also covers the content of the home.

E) Personal Accident: Personal Accident policy generally covers the policyholder against the risk of death or disability due to accident. Some of the features of this policy are: Entry age at 18 years to 69 years, covers accidental death, permanent total disability and permanent partial disability, sum assured option available from 5 Lacs to 25 Lacs. Children's below 25 years can be covered under family option.


5 Insurance product available
Travel Insurance
  • Covers against lost baggage, passport, personal accident
  • Covers hospitalization while traveling abroad
  • Covers personal accident while traveling abroad
  • Covers personal liability while traveling abroad
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Shopkeepers Insurance
  • Covers against fire and allied perils, such as lightning, explosion and implosion
  • Protection from burglary
  • Computer insurance
  • Protection against business fraud
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Householder Insurance
  • Covers fire, lightning, explosion and implosion
  • Covers contents against burglary and housebreaking
  • Covers total loss from electrical or mechanical breakdown and accident
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Personal Accident Insurance
  • Reimburse medical expenses
  • Provides education benefit for children in the event of insured's death or disability due to accident
  • Modification of residential accommodation and own vehicle
  • Ambulance hiring charges
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Health Insurance
  • Covers out-patient treatment
  • Covers cashless hospitalization at network hospitals (insurer-specific)
  • Covers pre and post-hospitalization expenses
  • Coverage for pre-existing diseases
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