Cholamandalam MS General Insurance

Cholamandalam MS General Insurance

7.5/10

OneAssure Rating

Our Verdict

Chola MS Health Insurance offers comprehensive plans covering hospitalization expenses, pre- and post-hospitalization costs, and access to over 10,000 cashless hospitals. Their policies feature lifelong renewability, cumulative bonuses, and health check-ups as part of renewal benefits. The company demonstrates efficiency in claim settlements, processing 96.52% of claims within 30 days. However, the claim settlement ratio stands at 76.63%, which is relatively moderate. Prospective policyholders should review specific plan details, including coverage for chronic conditions, maternity benefits, and global coverage options, to ensure the policy aligns with their healthcare needs.

Pros

Cons

Company Stats

Industry Avg.


1905.12

Cholamandalam MS General Insurance


1104.16

Gross Direct Premium

Industry Avg.


83.49%

Cholamandalam MS General Insurance


66.67%

ICR%

Rating 7.5/10

Solvency2.4/4
ICR2.8/3
Growth2.3/3

About the Company

Chola MS General Insurance Company Limited is a joint venture between the Murugappa Group and Japan’s Mitsui Sumitomo Insurance Company. Guided by its T3 philosophy—Trust, Transparency, and Technology—Chola MS is committed to delivering reliable and innovative insurance solutions, reflecting its focus on customer-centricity and technological excellence.

Founded in 2001, Chola MS General Insurance Company Limited is headquartered in Chennai, Tamil Nadu. The company is led by V. Suryanarayanan, who serves as its CEO and Managing Director.

KYC Documents Required

Aadhar Card

Voter ID Card

PAN card

Passport

Claim Settlement

Cashless Claim

Reimbursement Claim

Renewal

Online Renewal

Offline Renewal

Key points to remember during Renewals

Renew before policy expiry to maintain continuous coverage.
Renew online via the official website or offline at a branch.
Provide policy and vehicle details during renewal
Pay the premium using accepted payment methods
Renew within 90 days post-expiry to retain No Claim Bonus.

Customer Support

Talk to an OneAssure Insurance Expert for FREE.

For Cholamandalam MS General Insurance customer care :
Toll Free - 1800-208-5544,
E-mail - customercare@cholams.murugappa.com

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Frequently Asked Questions