*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Universal Sompo Health Insurance is one of the most preferred insurance products, which can be availed for individuals, families, senior citizens etc. These plans cater to the varying needs of people seeking health insurance. Individual Health Insurance covers hospitalization as well as medical expenses, the Critical Illnesses Insurance Policy, which can be purchased by an individual, includes coverage for parents, spouse as well as parent-in-law.
Universal Sompo Health Insurance offers a plethora of highly competitive insurance plans to provide the best health insurance solutions. This company keeps customer satisfaction at the top of its priority list and believes in the consistent improvement of its products and services.
It is licensed by the Insurance Regulatory and Development Authority, the official insurance regulatory body of the Government of India. The company abides by the regulations as notified by IRDAI from time to time.
Universal Sompo has its expertise in general insurance and also deals in insurance products like travel insurance, vehicle insurance, accidental insurance, critical illness insurance, bancassurance, etc.
With varied health insurance products for all age groups, the company's products have a wider footprint.
One should make important investment choices based on the proof of returns. The Universal Sompo General Insurance Highlights provide credible data to form the basis of choosing the Universal Sompo Health Insurance plan.
FEATURES |
SPECIFICATIONS |
Network Hospitals |
7700 Plus |
Number of Policies Issued |
214789 |
Waiting Period for Pre-existing Diseases |
4 Years |
Incurred Claims Ratio |
56.3 |
Grievances Solved |
100% |
Renewability |
Lifetime |
Since getting into business, Universal Sompo Health Insurance has been able to settle more than 90% of the claims successfully. World over, it has a tie-up with over four thousand hospitals that provide cashless treatment to patients enrolled with the Universal Sompo Insurance.
24X7 customer support is available for the customers of Universal Sompo, which cater to people who have trusted it with providing health insurance to themselves and their loved ones.
Below types of plans are offered under Universal Sompo health insurance:
Plans |
Sum Insured |
Eligibility |
Unique Features & Benefits |
Policy Term |
Universal Sompo Super Healthcare Insurance
|
Up to Rs 1 cr. |
Maximum 80 years |
|
Up to 3 years |
Universal Sompo Aarogya Sanjeevani Insurance
|
Rs 1 lakh- 5 lakh |
18- 65 years Child: 91 days |
|
1 year |
Universal Sompo Individual Health Insurance
|
Up to 5 lakh |
18- 65 years |
|
1 year |
Universal Sompo Group Health Insurance Policy
|
Up to 5 lakh |
18 years minimum |
|
1 year |
Universal Sompo Individual Accident Policy
|
- |
5 years-65 years |
|
1 year |
Universal Sompo Janata Personal Accident Insurance
|
- |
5 years-65 years |
|
1 year |
Universal Sompo Group Personal Accident
|
- |
18 year minimum |
|
1 year |
Universal Sompo Aapat Suraksha Bima Policy
|
- |
- |
|
- |
Universal Sompo Hospital Cash Insurance Policy
|
90,000-5,40,000 |
18 years-70 years |
|
2, 3 years |
Universal Sompo Senior Citizen Health Insurance Policy
|
- |
60 years-70 years |
|
1 year |
Universal Sompo Critical Illness Insurance Policy
|
Rs 2.5-20 lakh |
18 years-65 years Child-5 years |
|
1,2,3 years |
Universal Corona Kavach Policy
|
Rs. 50,000 to 5,00,000 |
18 years-65 years Child: day 1 to 25 years |
|
3½ months, 6 ½ months, 9 ½ months |
Universal Corona Rakshak Policy
|
Rs. 50,000-2,50,000 |
18 years-65 years
|
|
3½ months, 6 ½ months, 9 ½ months |
The features and benefits with add on advantages of purchasing Universal Sompo Health Insurance plans are mentioned below:
The health insurance plans offered by Universal Sompo Health Insurance contain exclusions which are as follows:
Age and policy terms for Universal Sompo Health Insurance are as follows:
Minimum Entry Age |
· 18 years (adults) · 91 days (children) |
Maximum Entry Age |
· 70 years (adults) · 25 years (children) |
Policy Tenure |
1-3 years |
Premium Frequency |
Single |
Sum Insured |
Rs 1 lakh to Rs 10 lakh |
While filing claims for health insurance, a person can file it two ways:
Cashless claim can be availed at network hospitals only where the reimbursement claim is for availing treatment from a non-network hospital.
The list of documents required for claiming health insurance are:
A termination letter in case of temporary disablement
Universal Sompo Health Insurance offers lifelong renewability benefit, where the policy has to be renewed every year.
The policy can be renewed easily by visiting Paisawiki.com. Universal Sompo Health Insurance can be compared online through online calculator at Paisawiki. To calculate premium quickly, the following information is required:
On filling out this information in the online calculator, the premium amount gets generated immediately, and one can compare online and pay the premiums for renewing the policy.
To compare online and buy a health insurance policy plan, you can visit Paisawiki.com and browse through the plans of Universal Sompo. The steps for buying health insurance from Paisawiki are as follows:
The list of documents required to subscribe to health insurance with the Universal Sompo Health Insurance Company are:
Ans: Yes, the health insurance covers the spouse, children, and parents in the insurance cover. They all can be added to the plan as dependents under the floater plan. The policy can be extended to the mother, father, mother-in-law, father-in-law, daughter, son, daughter-in-law, grandchildren, and grandparents on an individual basis. A person’s unmarried children are eligible as dependents under the health insurance policy. The children can also get enrolled as full-time students enrolled at educational institutions are eligible until they attain the age of 25.
Ans: No, benefits will be payable only when incurred in India.
Ans: Generally, a medical exam is not required for purchasing the plan. In the instances where any of the applicants are above 55 years of age or based on declaration in the proposal form, additional information is required for accurate underwriting purposes. It is required that you undergo medical tests or submit your previous medical records. Medical Examination reports are valid for 6 months.
Ans: The cover for all pre-existing medical conditions is excluded during the first three years of insurance if you were covered under a health insurance policy from Universal Sompo or any other Indian insurer and accept the request for portability.
Ans: A person who avails the option 'Treatment in tiered network' and does not get treated in the tiered networks have to pay a Co-pay of 10%.
Ans: You should inform the company to determine whether treatment is covered under your policy before a planned admission into the hospital.
Ans: Yes, you have access to claim forms and value-added services information.
Ans: Yes. Universal Sompo Health Insurance has negotiated with a large number of hospitals all over India to avail of the best medical facilities and to have access to quality care when and where you may need it.
Ans: Your policy is directly underwritten and serviced by the company only.
Ans: You have a choice of paying the premium by direct debit, credit card, or cheque.
Ans: Yes, any person buying this policy should be at least 18 years of age or above. The policy also has a maximum entry age limit of 70. Once you are covered, there is no exit age under the policy.
Ans: Universal Sompo Health Insurance reviews its premiums annually to reflect the overall cost of claims and medical inflation. Plans are priced based on age bands. An age-related increase is reflected in the premium in addition to the insurance review of the portfolio. The premium can be influenced by other factors, such as a change in the risk profile. But the premium will not be increased during renewal based on the claims made under the policy.
Ans: Yes, you may cancel your insurance plan by telephoning the company, by email or in writing. The policy can be cancelled within 15-days of free look period. This period starts from the day you receive your insurance policy document. Premium paid till date will be refunded applying the policy terms and conditions.