Cholamandalam MS General Insurance launches Chola Tax plus Healthline Policy

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 to offer services on mobile phones

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 Insurance: No exit age in heath covers to increase insurers’ loss ratio

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