Star Health Insurance vs Cholamandalam Health Insurance

Around 34.37% of Indian citizens are living in cities. India’s urban areas are seeing a massive influx, as most cities harbour the best hospitals, living complexes, and educational institutions, among other facilities. However, living in the city also has its cons. City dwellers are more prone to stress, unhealthy air levels and crowded living conditions – factors that contribute to lifestyle diseases. Lifestyle diseases such as hypertension, diabetes, and obesity are on the rise – and to combat them diet and exercise aren’t enough. At times of crisis, you need ample finances or insurance, specifically health insurance. But how can health insurance help you and what does it offer? Find out with this comparison guide of Star Health Insurance vs Cholamandalam Health Insurance.  

Star Health Insurance vs Cholamandalam Health Insurance – Overview 

ParameterStar Health InsuranceCholamandalam Health Insurance
No. of health insurance policies11+10+
E-servicesPolicy salePolicy renewalClaim settlementBranch locator Online consultation24x7 customer helpPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance
Branches600+140
Claim settlement ratio90%50.01%
Hospital network10,000+8000+

*Source: The Insurance Regulatory and Development Authority of India’s (IRDAI) Annual Report – for the years 2019-20.

Health Insurance Policies: Star Health Insurance vs Cholamandalam Health Insurance

Star Health Insurance has been named ‘Insurance provider of the year’ several times due to its spotless insurance services. It operates on a countrywide scale and offers over 11 health insurance policies. 

Cholamandalam Health Insurance is part of Chennai’s reputed Murugappa Group and is consistently recognized by the Indian government for its services. It operates nationwide and offers over 10 health insurance policies. 

Individual Personal Accident Policy: 

Star Health Insurance’s Individual Personal Accident Policy gives:

  • Sum insured (SI) amounts up to Rs. 15,00,000
  • 100% payout of the SI for accidental death
  • Up to 150% payout of the SI for permanent total disability
  • Up to 100% payout of the SI for permanent partial disability 
  • Up to Rs. 15,000 per week for a maximum of 100 weeks for temporary total disability 
  • Up to Rs. 20,000 towards the education expenses of the insured’s dependent children 
  • Up to Rs. 50,000 towards the modification of the insured’s vehicle or home 
  • Travel expenses up to Rs. 50,000 for one relative only 
  • A maximum of Rs. 20,000 for transportation of imported medicines 
  • Up to Rs. 5,000 for ambulance charges 

Cholamandalam Health Insurance’s Individual Personal Accident Policy offers: 

  • SI amounts up to Rs. 1,00,00,000
  • 100% payout of the SI for accidental death and permanent total disability
  • Up to 60% payout of the SI for permanent partial disability 
  • Up to Rs. 5,000 per week for temporary total disability for a maximum of 100 weeks 
  • Up to Rs. 25,000 towards the education expenses of the insured’s children 
  • Compensation for:
  • Broken bones
  • Fractures 
  • Loss of employment 
  • Up to Rs. 5,000 for funeral and cremation costs 
  • Up to Rs. 50,000 towards the modification of the insured’s vehicle or home 

Family Floater Policy:

Star Health Insurance offers the Star Comprehensive Insurance Policy for family-sized protection. The policy gives: 

  • SI amounts up to Rs. 1,00,00,000
  • Coverage for: 
  • Pre and post-hospitalization
  • In-patient hospitalization
  • Domiciliary/home hospitalization
  • Daycare procedures 
  • Organ donor expenses
  • Non-allopathic treatments – Ayurveda, Unani, Siddha, and Homeopathy (AYUSH) 
  • Maternity and newborn baby care expenses 
  • Modern/advanced treatments 
  • Ambulance costs 
  • Up to Rs. 5,00,000 for bariatric surgery 
  • Automatic restoration of the SI upon exhaustion 

Cholamandalam Health Insurance offers two family floater policies: 

  • Chola Healthline
  • Flexi Health 

These policies give: 

  • SI amounts up to Rs. 25,00,000
  • Coverage for: 
  • Pre and post-hospitalization 
  • In-patient hospitalization
  • Domiciliary/home hospitalization
  • Daycare procedures 
  • Organ donor expenses 
  • AYUSH treatments
  • OPD treatment costs 
  • Maternity and newborn baby care expenses 
  • Up to Rs. 5,000 for ambulance charges 

Corona Kavach Policy: 

Last year, the IRDAI made it mandatory for insurers to provide health insurance for COVID-19. After that, insurers including Star Health Insurance and Cholamandalam Health Insurance started to offer the Corona Kavach and the Corona Rakshak policies – two standard and affordable COVID-19 insurance policies. 

The features of the Corona Kavach policy are similar and include. 

  • SI amounts up to Rs. 5,00,000
  • Coverage for: 
  • Pre and post-hospitalization 
  • In-patient hospitalization
  • Domiciliary/home hospitalization
  • Daycare procedures 
  • AYUSH treatments
  • Ambulance charges up to Rs. 2,000 

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