Chola Mandalam Health Insurance has launched a new scheme ‘Chola Swasth Parivar Health Insurance Policy’ a family floater policy offering a combination of health and personal accident covers. The premium for a family of four is Rs 5,005 for a sum assured of Rs three lakh. Currently, Health insurance is the fastest growing sector in insurance business and is poised to grow at 25 per cent over the next five years. By 2020, it is estimated to be around Rs 200 billion.
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