About Cholamandalam General Insurance

Chola MS General Insurance Company Limited is a joint venture between the Murugappa Group and Japan’s Mitsui Sumitomo Insurance Company Limited. It provides a wide range of insurance products, including Motor, Health, Property, Accident, Engineering, Liability, Marine, Travel, and Crop insurance to help both individuals and businesses. In FY 2023-24, Chola MS reached a Gross Written Premium (GWP) of INR 75,329 million.

Chola MS, which has 198 offices and a network of over 30,000 intermediaries across India, operates under the T3 brand philosophy of trust, transparency, and technology. The company has received various awards from the Indian government, foreign organisations, and rating agencies for its innovations in insurance service and delivery.

Things That You Need to Know About Chola MS General Insurance

  • The company offers a wide range of general insurance policies for individuals and businesses.
  • They provide access to 13,500+ cashless garages across India.
  • They have successfully settled over 2.9 million claims to date.

Why Choose Cholamandalam Bike Insurance?

Cholamandalam MS General Insurance is a private joint venture offering three types of two-wheeler insurance: third-party, standalone own-damage, and comprehensive coverage. Their insurance plans help protect both you and your two-wheeler from road risks.

For extra protection, you can enhance your standard insurance with add-on covers when you choose own-damage insurance. These add-ons cover things typically excluded from standard policies and can increase the claim amount during settlement, so it’s important to choose them wisely. Chola MS Two Wheeler Insurance also provides various add-ons, affordable premiums, and the best customer service.

Features of Cholamandalam Two Wheeler Insurance

Some of the interesting features of Chola MS Bike Insurance are as follows:

  • With them, buying and renewing policies are easy and convenient
  • You can change the IDV value as per your need
  • You can get access over 8500 two-wheeler cashless garages across India
  • Their claims are settled hassle-free and with ease

FAQs

Chola MS offers various add-on covers to provide an extra layer of protection on your two-wheeler insurance. These include Full Depreciation Waiver Cover, Return to Invoice Cover, Monthly Instalment Cover, Daily Cash Allowance, and Hydrostatic Lock Cover.

Yes, Chola MS is ISO certified.

Chola MS has an Incurred Claim Ratio of 65.05%, according to IRDA Motor Insurance Annual Report 2021-2022.

Yes, you can make changes in your policy by choosing the right add-ons and adjusting the IDV as per your requirement.

Chola MS has connections with over 8,500 cashless garages for two-wheelers all over in India.

Compare & Save Upto 90%. Get Bike Insurance Starting at ₹457/Year*

By clicking on You, Agreed to our Privacy Policy & Terms of use & *Disclaimer

Disclaimer : Square Insurance does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.
Avarage Ratting
4.9 / 5 (Based on 210 Reviews)

(Showing Newest 10 reviews)

Write A Review

Insurance NewsTwo Wheeler Insurance Articles

Everything About the 0001 Number Plate Price

Everything About the 0001 Number Plate Price

You must have noticed that most luxurious cars have unique number plates that help them stand out.

Read More
List of Top 7 TVS Bikes in India 2025

List of Top 7 TVS Bikes in India 2025

In September 2025, TVS sold about 1.48 lakh motorcycles, which is 19% more than the previous year.

Read More
7 Best Electric scooters in India

7 Best Electric scooters in India

As per the Motorcycle Data Report, the Indian e-scooter market has increased from 177,000 in 2021 to over 1.2 million in 2024.

Read More
Steps to get Two-Wheeler Driving Licence Online

Steps to get Two-Wheeler Driving Licence Online

Apart from a bike, you need a driving licence, a vehicle registration certificate (RC), insurance papers, a Pollution Under Control (PUC) certificate, and a helmet to ride your bike seamlessly on the road.

Read More
Difference Between Wheel Alignment and Balancing

Difference Between Wheel Alignment and Balancing

Your vehicle needs proper maintenance to perform efficiently.

Read More