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CholaMS Group health Insurance

CholaMS Group HEALTH Insurance

Wider,cheaper coverage Coverage for family of up to 7 members, including parents,at an affordable premium
AYUSH In-patient hospitalisation covered up to Rs. 3,00,000
Pre & Post Hospitalization Coverage Covers 60 days pre hospitalisation and 90 days post hospitalisation expenses
Food allowance for accompanying person  Rs. 500/- per day of hospital stay for an admissible claim
Day Care Procedures 141 procedures covered
Maternity benefit Normal & Caesarean: Up to Rs.20,000 per policy period
Domiciliary hospitalisation Up to Rs. 60,000/- for the family
Ambulance Charges Upto Rs. 2,500/- per hospitalisation
Room Charges Standard single occupancy AC room
No hidden charges No additional co-pay or deductibles that will give you unpleasant surprises
Tax benefit Avail tax benefit on the premium paid towards this health insurance, under section 80D of the Income Tax Act, 1961 as applicable
Freelok /Refund The Insured shall be allowed a period of 15 days from the date of receipt of this policy to review the terms and conditions of the policy and to return the same if not acceptable. 
The Insured can return the policy within 15 days of its receipt   if he/she is not satisfied with its coverage or terms and conditions.  In such a case the policy will be cancelled from date of cancellation request received  at Insurer’s office provided no claim is reported and considered. Refund of premium would be after retaining charges towards medical tests, stamp duty charges and pro-rata premium from the risk start date till date of cancellation.
Waiting Periods
30 days Applicable for Sickness/Illness. Nil for Accidents
12 months Applicable for Specific listed illness
24 months Applicable for Pre-existing Diseases/Condition
9 Months Maternity Expenses covered after 9 months
Renewal Incentive Upto Rs.2000/- per family, once in every two continuous claim free years
Key Exclusion under the Group Health Insurance plan is as follows:
(Please refer to the Master Policy Wordings for detailed list of exclusions)
30 Days waiting period: Any disease contracted within the first 30 days of commencement of cover will not be covered under the policy
12 Months waiting period Expenses incurred on treatment of following diseases within 12 months from the commencement of the Policy will not be payable:
Cataracts, Benign Prostatic Hypertrophy, Hysterectomy for Menorrhagia or Fibromyoma, Hernia, Hydrocele, Fistula in anus, Piles, internal congenital disease, Sinusitis and related disorders.
24 Months waiting period - Pre-Existing Disease (PED)

Pre-existing conditions will be covered after a waiting period of 24 consecutive months of continuous coverage under this plan.

  • Charges incurred in connection with the provision or fitting of hearing aids, eyeglasses or contact lenses.
  • The use, misuse, or abuse of alcohol, banned substances or narcotic drugs (whether prescribed or not).
  • HIV, AIDS and all related medical conditions.
  • Vaccination, inoculation, cosmetic treatments, aesthetic treatments, experimental, investigational or unproven procedures or treatments, devices and pharmacological regimens of any description.
  • The treatment of obesity (including morbid obesity) and any other weight control programs


* Tax benefits are subject to change as per applicable laws from time to time


Bank of Baroda is authorized by the Insurance Regulatory and Development Authority to act as a Corporate Agent from 01.04.2019 to 31.03.2022 for procuring or soliciting business of Life Insurance , General Insurance & Standalone Health Insurance under Registration Code CA0004".Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. The purchase of Insurance product by Bank of Baroda customers is purely on a voluntary basis. The insurance products are underwritten by respective Insurance company. Bank of Baroda does not perform any Insurance e-commerce activity on its website. The contract of insurance is between the Insurer and the Insured; and not between the Bank and the Insured.

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