General Insurance 668 views December 29, 2020

If you don’t want to end up hurting your finances in any health emergency, a situation of theft or third party liability related to your vehicle, it is important to have insurance for Health, Car, Travel, Bike, etc. Universal Sompo General Insurance holds a prominent place among customers because of its wide range of general insurance products for their different needs.

If you want to know the features of different products provided by Universal Sompo General Insurance, this page can help you know the same. Read on to know more!

Why Should You Choose Universal Sompo General Insurance?

Universal Sompo General Insurance has a wide network of more than 4,000 Network Hospitals where customers can enjoy the cashless treatment facility, and more than 3,500 Garages where you can get any kind of service related to your vehicle. Customers can choose from more than 135 products that are approved by the Insurance Regulatory Development Authority of India (IRDAI). Universal Sompo General Insurance has a total of 86 branches in India where you can visit and choose the desired products according to your requirements.

Types of Universal Sompo General Insurance

With Universal Sompo General Insurance, customers can choose from a wide range of Insurance Products such as Health, Car, Bike, Travel, etc. We are providing details about each of them below so that you can understand them better. We are starting with Universal Sompo Health Insurance. Check them out!

Universal Sompo Health Insurance

Without any second thought, Health is one of the important assets that individuals should take care of. With Universal Sompo Health Insurance, you can do the same. One of the prominent reasons behind its popularity among common people is its health claim settlement ratio of more than 90% in FY 2018-19. If you don’t want to end up hurting your finances in case any medical emergency happens to you or your beloved ones. Universal Sompo Health Insurance has a wide range of policies for you to choose from.

Some of the popular Health Insurance Plans from Universal Sompo are Complete Healthcare Insurance Plan, Super Healthcare Plan, Arogya Sanjeevani Plan, Aapat Suraksha Bima Policy, Individual Accident Policy, Loan Secure Insurance Policy, Senior Citizen Health Insurance Policy, Pravasi Bhartiya Bima Yojna, etc.

With these plans, you can enjoy benefits like Multiple Sum Insured Options through different plan options, Ambulance Charges coverage, ICU Coverage, Cataract Treatment Coverage, Pre-existing illness coverage, etc.

Premium Payable for Complete Healthcare Insurance Plan

The premium for the plan depends on the sum insured, number of members covered, the age of the insured, etc. As the age of the insured goes up, the premium goes up too.  The plan comes in three variants – Basic, Essential and Privilege. Sum insured options for basic – INR 1 Lakh and INR 2 Lakh, while that of Essential are INR 3 Lakh, INR 4 Lakh and INR 5 Lakh. Privilege variant will have sum insured options of INR 6 Lakh, INR 7 Lakh, INR 8 Lakh, INR 9 Lakh and INR 10 Lakh. Let’s check how the insurer has set the premium for Complete Healthcare Insurance according to the following sum insured options.

For a Single Individual

Age Band (In Years)1 Lakh2 Lakh3 Lakh4 Lakh5 Lakh6 Lakh7 Lakh8 Lakh9 Lakh10 Lakh
91 Days - 17 14342283369745505545568864456,931 805710515
18-35 1,686 2687434953526523669175838155947912371
36-452,772 2931468362457651802993679,526 11,51 013772
46-504,004 49066691825210,48 212,04 314,71 914,86 718,05 422162
51-554,774 5958913312,21 314,54 914,63 416,97 917,73 520,74 125067
56-605,587 769111,57 614,33 716,99 217,20 419,83 120,70 925,67 728758
61-659,315 12,99 817,91 423,51 625,84 127,92 230,32 734,91 437,31 946066
66-7014,90 3 21,11 627,25 330,48 631,25 334,15 540,22 445,02 247,73 256336
71-7522,35 6 26,43 835,49 838,65 740,76 442,10 447,11 253,13 757,34 859472
More Than 7530,18 0 31,34 243,61 950,12 650,97 652,25 053,52 555,22 458,69 660824

For Two Adults and Four Children

Age Band (In Years)1 Lakh2 Lakh3 Lakh4 Lakh5 Lakh6 Lakh7 Lakh8 Lakh9 Lakh10 Lakh
91 Days - 17 3,286 5,2347,294 8,91610,54011,93112,33612,39515,73418,133
18-35 3,866 6,160 8,58110,48812,76612,93914,59817,00118,32822,513
36-456,956 7,35610,28011,61814,87317,34818,63318,96424,98327,361
46-509,768 11,97014,62418,98924,78826,62330,76731,42238,66545,831
51-5510,367 12,93816,72220,44925,68428,44031,80732,52239,95447,558
56-6011,029  15,18319,89424,52330,18131,19037,40538,14946,95556,223
61-6514,472 20,19327,28335,65142,36745,57652,88654,75958,17070,616
66-7023,154 32,80641,50846,21847,42254,00260,93070,78274,40186,358
71-7534,733 41,07354,06461,80062,66467,01971,36483,54089,39191,166
More Than 7546,887 48,693 66,43275,99377,34 784,62 686,22988,00290,17293,239

Universal Sompo Car Insurance

With the Universal Sompo Motor Private Car Insurance Policy, you will be covered for loss or damage to the vehicle insured arising out of Fire, Explosion, Self Ignition, Lightning, Theft, Riot, etc. If you want to enhance your protection, you can opt for Optional Extensions such as Loss Of Accessories, Legal Liability to Pay Driver, Cleaner or any workman, Personal Accident to Occupants and Third-Party Damage Liability up to INR 7.5 lakh.

Universal Sompo also offers various private car add-ons such as Key Replacement, Roadside Assistance, Engine Protector, NCB Protector, Return to Invoice, etc. Other than this, you can also enjoy No Claim Bonus for years where you don’t make any Claim.

Universal Sompo Motor Two Wheeler Insurance

Two-wheelers are one of the most used vehicles in our country, and people want to ensure their security. One of the efficient ways to do this is by taking a Universal Sompo Two Wheeler Insurance Plan with which you can get coverage against any loss or damage incurred due to theft, riot, strike, flood, earthquake, etc. With this Two Wheeler Insurance Plan, you can opt for additional expenses such as Loss of Accessories (Electrical or Electronic), Personal Accident to the Pillion Rider, etc.

Do remember that this policy will not cover any liability if you are driving without a valid license for the class of vehicle or driving under the influence of liquor or drugs. With this Two-wheeler Insurance from Universal Sompo, you will get an additional discount for choosing higher voluntary excess.

Universal Sompo Travel Insurance

With Universal Sompo Travel Insurance, you can enjoy coverage against any losses and costs associated while traveling abroad or domestic travel. With Universal Sompo General Insurance, you can choose from two options – Domestic Travel Insurance Plans and Overseas Travel Insurance. With the Domestic Travel Insurance from Universal Sompo, you can get a cover for Medical Treatment, Personal Accident, Personal Liability, Delay of Checked-in baggage, Home Burglary Insurance, Missed Flight Connection, etc.

On the other hand, with the Overseas Travel Insurance Plan, individuals can choose from a wide range of insurance plans such as Annual Multi-Trip, Travel Worldwide, Travel Asia, and Student Travel Insurance Plan.

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