Universal Sompo Health Insurance

Taking care of your health is the most vital thing you can do for yourself and your family amid the rising healthcare expenses these days. But don’t worry, you can choose Universal Sompo Health Insurance Plans and take care of your finances in case of any medical emergency. Universal Sompo Health Insurance, which is a joint venture between Indian Bank, Karnataka Bank, Indian Overseas Bank, Dabur Investment Corporation, and Sompo Japan Insurance Inc., covers your as well as your family’s health. Universal Sompo Health Insurance plans can ensure you won’t have to pay in case any medical emergency arises.

This page will discuss all the factors that would merit the addition of Universal Sompo Health Insurance to your financial portfolio. Other than this, we will also tell you about its different types and their respective features. So, keep reading!

Why should you Choose Universal Sompo Health Insurance?

Universal Sompo is one of the leading insurance companies that has been growing at a rapid rate for the past few years. There are multiple reasons why it is gaining traction among customers. One of the prominent reasons is its Claim Settlement Ratio of more than 90% in the FY 2018-19 that encourages individuals to choose Universal Sompo Health Insurance. The insurance company has a wide range of health insurance products from which customers can choose according to their requirements.

With an association with more than 4,000 Network Hospitals, individuals can have the worry-free cashless hospitalization benefits. So, in case of any medical emergency, you can undergo the treatment without paying anything as the company will settle the bill with the hospital. Other than this, individuals can also enjoy the tax benefits under Section 80D of the Income Tax Act, 1961.

Types of Universal Sompo Health Insurance Plans

Universal Sompo Health Insurance provides a wide range of insurance plans – Complete Healthcare Insurance, Super Healthcare Insurance, Arogya Sanjeevani Policy, Individual Accident Policy, Aapat Suraksha Bima Policy, Hospital Cash Insurance Policy, Swarna Gramin Bima Yojna, Pravasi Bhartiya Bima Yojna, etc. We are discussing features of some of the popular Universal Sompo Health Insurance Plans below. Do check!

Universal Sompo Complete Healthcare Insurance

This plan from Universal Sompo Health Insurance suits those people who like to take care of their health in case of any medical emergencies. You can choose this plan both on an individual or a family floater basis. Some of the important features of this plan are mentioned below. Have a look!

1. Option to choose a plan from- Basic, Essential and Privilege Options
2. Multiple Sum Insured options of INR 1 lakh to INR 2 lakh (Basic), INR 3 to INR 5 lakh (Essential), and INR 6 lakh to INR 10 lakh (Privilege)
3. 30 days of Pre Hospitalization and 60 days Post Hospitalization expenses
4. Ambulance Expenses Coverage
5. 13 Relationship Covered in a single policy
6. HIV Coverage
7. AYUSH Treatment Coverage
8. Vaccination Coverage according to the chosen plan
9. Cover for Diagnostic Tests
10. Out-patient Consultation with a waiting period of 3 years
11. 10% Cumulative Bonus up to a maximum of 50%
12. A 15-day Free Look Period
13. Discount up to 10% for covering more than 5 members

Universal Sompo Super Healthcare Insurance Plan

You can see that medical expenses are increasing with each day. To deal with this increase, you would need a top-up plan that can enhance your sum insured. Super Healthcare from Universal Sompo can also be chosen on an individual or family floater basis. Some of the key features of this plan are mentioned below.

1. Coverage of dependent children up to 30 years of age under all plans
2. Entry age can be up to 80 years
3. No pre-medical screening for individuals up to 65 years of age
4. Maternity coverage after 9 months from the inception of the policy
5. Sum Insured can be increased up to INR 1 crore
6. Policy Term up to 3 years
7. Global Coverage facility
8. 100% Restoration of your sum insured
9. AYUSH Treatment and Hospitalization Coverage up to the Sum Insured
10.  Cover for Weight Loss Surgery Expenses

Universal Sompo Arogya Sanjeevani Health Insurance

Arogya Sanjeevani Health Insurance can not only prove to be a financial cushion for yourself but also your spouse, your child, your parents, and your parents-in-law. An individual with maximum entry age can opt for this plan from Universal Health Insurance. Some of its key benefits are mentioned below.

1. Multiple Sum Insured options ranging from INR 1-5 lakh ( in multiples of INR 50,000)
2. 30 days pre-hospitalization and 60 days post-hospitalization
3. Dental Treatment and Plastic Surgery Coverage in case of any disease or injury
4. Ambulance Charges up to INR 2,000 per hospitalization
5. Room Rent Coverage up to INR 5,000 per day
6. ICU Charges up to INR 10,000 per day
7. Cataract Treatment up to INR 40,000

Universal Sompo Aapat Suraksha Bima Policy

As the name suggests, this plan from Universal Sompo Health Insurance helps you fight with a sudden or unforeseen diagnosis of major diseases. Want to know its special features? Well, we are covering them below. Have a look!

1. Coverage against major diseases like Paralytic Stroke, Cancer, Renal Failure, Coronary Artery Disease, and Major Organ Transplant
2. Lump-Sum amount payment equal to the sum insured upon the diagnosis of critical illnesses mentioned above, or accidental death, and/or permanent total disablement from an accident
3. Pre-existing illnesses are not covered under this plan