Cholamandalam MS General Insurance Company Limited, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Japan, announced the launch of Chola Tax Plus Healthline Insurance Policy. The policy offers coverage under two sections, namely Hospitalisation and Out Patient Department (OPD) Treatments. The policy also offers full Tax Benefit of upto Rs.35000 under Sec 80(D). Read more
Cholamandalam MS General Insurance is planning to offer its services on the mobile phone platform, a top company official said.
Cholamandalam MS General Insurance is a joint-venture between Murugappa Group and Mitsui Sumitomo Insurance Group of Japan. Read more
Health insurers in India may not be feeling quite well after the Insurance Regulatory and Development Authority (IRDA) proposed a host of measures in its draft guidelines to improve customer services. The proposal to remove the exit age in health insurance is likely to increase loss ratios of general insurance companies, insurers fear. Read more
Family members of a 28-year-old youth, mowed down by a rashly driven truck which also injured his father and brother in the road mishap, have been awarded a compensation of over Rs 25 lakh by a Motor Accident Claims Tribunal (MACT) .Read more
IRDA has imposed penalty of Rs. 5 lacs on Cholamandalam General Insurance Co. Ltd for violating provisions of IRDA Act.Read more