Universal Sompo Health Insurance

Universal Sompo General Insurance Company is a private-public joint venture of Allahabad Bank, Indian Overseas Bank, Karnataka Bank Ltd., Dabur Investment Corp, and Sompo Japan Nipponkoa Insurance Inc. Headquartered in Mumbai, Universal Sompo is the first private-public partnership in the general insurance industry. The insurer has a range of general insurance products in its basket that fulfill varied requirements of different sections of people across India. These are health insurance, motor insurance, travel insurance, and home insurance.

One of the most promising products offered by Universal Sompo General Insurance is health insurance. The insurer offers affordable and easy-to-understand health insurance policies that you can purchase on an individual or floater basis. These policies are designed in a way that they offer the customer multiple benefits including both basic coverage features as well as advanced coverage benefits. All in all, the insurer protects you from burning a hole in your pocket in case of medical emergencies.

Of all the health insurance plans offered by Universal Sompo Health Insurance, here are top 4 plans shortlisted by us:

1. Universal Sompo Complete Healthcare Insurance Policy: Universal Sompo Complete Healthcare Insurance Policy covers you and your family against most of the medical expenses incurred in case of hospitalisation, out-patient treatment, and various value-added services. The policy comes in three variants namely Basic, Essential, and Privilege. You can buy this policy on an individual or floater basis with sum insured options ranging between Rs. 1 lakh and Rs. 10 lakh. You can enjoy several coverage benefits under this policy such as cover for in-patient hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, organ donor expenses, dental treatment, etc.

2. Universal Sompo Super Healthcare Insurance Policy: Universal Sompo Super Healthcare Insurance Policy is a health insurance policy that boosts your existing health insurance plan and covers you against the medical expenses worldwide. The policy comes in two options namely top-up and super top-up that are further available in different variants. The sum insured options available under the policy range between Rs. 2 lakh and Rs. 1 crore with specified deductible limits. You can take this policy for 1 year, 2 years, and 3 years, and need to renew it after the same period.

3. Universal Sompo Individual Health Insurance Policy: Universal Sompo Individual Health Insurance Policy covers you and/or your family against hospitalisation as well as domiciliary hospitalisation expenses incurred due to an illness or an accident during a policy term. You can be covered under this policy if you are aged less than 55 years. The policy is available for sum insured options ranging up to Rs. 5 lakh and covers you against several healthcare expenses such as pre-hospitalisation and post-hospitalisation expenses, in-patients hospitalisation expenses, domiciliary expenses, and daycare treatment expenses. The policy also offers you an add-on benefit of critical illness that you can purchase by paying a little extra premium.

4. Universal Sompo Arogya Sanjeevani Policy: Universal Sompo Arogya Sanjeevani Policy is an affordable policy that covers you and your family against basic healthcare expenses incurred due to an illness, disease, sickness, or an accident. You can be covered under this policy for sum insured options ranging between Rs. 1 lakh and Rs. 5 lakh if aged between 91 days and 65 years. The policy offers you several coverage benefits such as cover for pre-hospitalisation and post-hospitalisation expenses, in-patient hospitalisation expenses, daycare treatments, AYUSH treatments and modern treatments such as robotic surgery, oral chemotherapy, immunotherapy etc.

Along with many other benefits, Universal Sompo Health Insurance plans offer you tax benefits as well on the premiums paid for them under Section 80D of the Income Tax Act, 1961. To understand the tax deductions clearly, refer to the table given below:

You can choose Universal Sompo Health Insurance plans to avail the following benefits:

• Wide Range of Sum Insured Available: Universal Sompo Health Insurance plans come with a wide range of sum insured. These start from as low as Rs. 1 lakh and go up to Rs. 1 crore so that you can avail maximum coverage benefits under your policy.
• Plan Variants Enabling Customisation: Universal Sompo Health insurance plans are available with different variants that cater to varied requirements of the customers. The plan variants differ in terms of coverage features, sum insured amount, and deductibles (for top-up and super top-up plan).
• Portability Benefit: Universal Sompo Health Insurance plans are available with portability benefit. This means that you can switch to Universal Sompo Health Insurance plans at the time of renewal if you are not satisfied with your existing insurer or health insurance policy. Also, you would not have to lose your accumulated benefits under the previous policy.
• Lifetime Renewability Guaranteed: Universal Sompo Health Insurance plans offer you lifetime renewability benefit. This means that you can continue to avail the benefits under your health insurance plan throughout the lifetime provided you pay the health insurance premium timely.

Universal Sompo Health Insurance plans cover you against the following expenses arising due to medical treatment:

• In-Patient Hospitalisation Expenses: Universal Sompo Health Insurance plans offer cover against medical expenses arising due to hospitalisation due to any illness/sickness/injury/disease. These may include expenses related to room rent, boarding, nursing, ICU/ICCU, anaesthesia, blood, oxygen, operation theatre, medicines and drugs, and diagnostic and surgical procedures.
• Pre-Hospitalisation and Post-Hospitalisation Expenses: Universal Sompo Health Insurance plans offer cover against medical expenses incurred before 30 days and after 60 days of hospitalisation. These include expenses related to vaccination, medicines, medical tests, and doctor’s consultation fee.
• Daycare Treatments: Daycare treatments are the treatments that require hospitalisation of less than 24 hours. These include surgeries or medical procedures such as surgery, dialysis, chemotherapy, etc. Universal Sompo Health Insurance plans offer you cover against such expenses.
• Road Ambulance Cover: Universal Sompo Health Insurance plans cover the insured against expenses incurred on transportation of him/her to the network or non-network hospital either in case of emergency or non-emergency situation.
• AYUSH Treatments: Universal Sompo Health Insurance plans offer you cover against AYUSH systems of medicines based on the notion of natural medicines. These include Ayurveda, Yoga, Unani, Siddha, and Homeopathy in order to cure specific diseases and help you stay healthy.

What All Is Not Covered Under Universal Sompo Health Insurance Plans?

Universal Sompo Health Insurance plans do not cover you against the following healthcare expenses:

• Addictions And Substance Abuse: Universal Sompo Health Insurance plans do not cover you against any healthcare expense incurred due to addictions and substance abuse including drugs, alcohol, smoking, or tobacco intake.
• Injuries Caused Due To Any Act Of Self-Harm: Universal Sompo Health Insurance plans do not cover the insured against any act of self-harm caused intentionally. For instance, attempt of suicide.
• Injury Due To Participation In Adventure Sports: Universal Sompo Health Insurance plans do not cover the insured against any sports activity or otherwise that is adventurous in nature. for instance, rock climbing, paragliding, etc.
• Any Injury Attributable To War: Universal SOmpo Health Insurance plans do not cover you against any injury or illness that is attributable to acts of war such as invasion, revolution, insurrection, or nuclear power damage.
• Treatment For AIDS: Universal Sompo Health Insurance plans do not cover you against any expense incurred directly or indirectly due to AIDS (Acquired Immuno Deficiency Syndrome) if or not arising because of HIV or any other medical condition that is not covered under a particular policy.

Kindly note that inclusions and exclusions under Universal Sompo health insurance plans vary from plan to plan.

Universal Sompo Health Insurance plans are available with the following terms:

Note that the terms and conditions vary with different Universal Sompo Health Insurance plans.

You can purchase Universal Sompo Health Insurance plans at InsuranceDekho in online as well as offline modes. The process for both is explained below.

Buy Universal Sompo Health Insurance Plan Online At InsuranceDekho

Follow the steps given below to buy Universal Sompo Health Insurance plan online at InsuranceDekho:
Step 1: Visit insurancedekho.com. Click on the ‘health’ tab.
Step 2: Select your Gender and enter your personal details like Name and Mobile Number. We will send an OTP (One Time Password) on your mobile number. Please enter that.
Step 3: Answer the question ‘When do you want to buy the policy’ by choosing one of the options listed. Click on the ‘View Quotes’ button.
Step 4: Select your family members whom you want to add to your policy. Click ‘Continue’.
Step 5: Select the age of your family members.
Step 6: Enter your Email ID and City. Click on ‘Submit and View Quotes’. The most relevant quotes for you will be displayed on your screen. Shortlist the one you wish to purchase.
Step 7: Select the policy term for your shortlisted policy. Fill in the required details and pay the premium online via a secured payment gateway.

Buy Universal Sompo Health Insurance Plan Offline At InsuranceDekho

You can also purchase Universal Sompo Health Insurance plans offline from InsuranceDekho. For that, you need to call on the toll-free number 7551-196-989 and share your requirements with the knowledgeable customer care experts. You can call us any day between 9:30AM to 6:30 PM. You can also write to us at customersupport@insurancedekho.com in case of any doubt, query or support required.

Universal Sompo Health Insurance plans are required to be renewed on intervals depending on the policy term chosen. It can be 1 year, 2 years, or 3 years. Renewing your health insurance policy allows you to avail continuation benefits and also offer you uninterrupted peace of mind. to renew your Universal Sompo Health Insurance plans, follow the simple steps given below:

Step 1: Visit the official website of Universal Sompo General Insurance Company and navigate to the ‘Health Insurance Renewal’ page.

Step 2: Enter the current policy number and Date of Birth.

Step 3: Click on the ‘Renew Now’ button.

Step 4: Select your renewal quote and pay for the same online via a secured payment gateway.