Universal Sompo General Insuranceis a private-public partnership venture in the Indian general insurance industry. It is a joint venture between Allahabad Bank, Karnataka Bank, Indian Overseas Bank, Dabur Investment
Corporation, and Sompo Japan.
Universal Sompo Health Insurance offers a variety of health insurance plans such as individual health insurance, family health insurance, critical illness, top-up health insurance, group health insurance, health insurance for corona,
and more that provide the needful financial assistance in the time of medical emergencies. You can easily buy Universal Sompo Health Insurance Plan online. Universal Sompo has 86 branch offices and tie-ups with more than 4000 Network
Hospitals pan India.
Awards & Recognitions of Universal Sompo Health Insurance
Best BFSI Brand by Economic Times 2021-22
Customer Service- Insurance Alerts India, 2021-22
Best Technology for Good Project 2021-22
Universal Sompo Health Insurance
Why Should You Buy Universal Sompo Health Insurance?
Before choosing a health insurance company for yourself, evaluate the Universal Sompo Health Insurance performance based on the Universal Sompo claim ratio, solvency ratio, annual premium, and availability of network hospitals, so
that you can choose the best policy as per your needs and requirements.
Network Hospitals: At present, Universal Sompo offers 4,000+ network hospitals across India, allowing customers to enjoy hassle-free cashless hospitalization. It is advised to purchase health insurance from
a company that offers the benefit of cashless hospitalization.With this facility, you can get yourself treated without worrying about the hospital bills.
Claim Support (Claim settled within 3 months): The claim support ratio showcases the number of claims settled by the
company in the last three months. It is another important factor that helps you to evaluate how soon the company will settle your claims once filed. As per the IRDAI Annual Report 2021-22, the claim support of Universal
Sompo General Insurance company is 95.77%.
Solvency Ratio: Another factor that should be considered while buying a health insurance policy is the solvency ratio, which indicates financial soundness.
It helps the individual in assessing the ability of the company to meet its long-term financial obligations. To make this task easier for the potential buyer, IRDAI has made it mandatory for all insurance companies in India to maintain a minimum solvency ratio of 1.5. When it comes to Universal Sompo, the company has been able to match this criterion. At present, the solvency ratio of the company is 2.
Annual Premium: The annual premium of the company helps the buyer to evaluate its growth in the financial year. As per the IRDAI Annual Report 2021-22, the annual premium of Universal Sompo is 3456.12 Crores.
All You Need To Know About Universal Sompo Health Insurance? Find complete details in one go!
Universal Sompo Health Insurance offers various health products to cater to the healthcare needs of every individual, the company offers a wide range of health plans, providing coverage to individuals, families, senior citizens, employees
of an organization, and many more. The company at present offers 18 health insurance plans. Let's explore.
Universal Sompo Individual & Family Health Policies
Universal Sompo Complete Healthcare Insurance
A comprehensive health plan that comes with benefits and value-added services like Dial-a-Doctor, Health Educational Library for People, & many more.
Dental Treatment covered
Daily Cash for an Insured Child
Universal Sompo Aarogya Sanjeevani Insurance
A standard health plan that offers complete protection in case of hospitalization due to any serious illness or accident.
Treatment of Cataract covered
Dental Treatments covered
Plastic Surgery covered
Universal Sompo Saral Suraksha Bima
Saral Suraksha plan covers the insured on accidental death, disability, and diagnosis of listed critical illnesses, or permanent total disablement due to an accident.
Cumulative Bonus of up to 50%
All day care treatments
Universal Sompo Specialized Health Plans
Universal Sompo Super Healthcare Insurance
The plan takes care of your medical expenses once your basic cover is exhausted. It boosts the existing coverage by offering an enhanced cover of up to 1 Cr.
No Medical tests up to 65 years
100% restoration of Base SI
Bariatric Surgery Cover
Universal Sompo Senior Citizen Health Insurance Policy
This health plan is specially designed for senior citizens who are above 60 years of age and allows them to cover their spouse’s healthcare needs themselves.
Cost of Health Check-up Covered
Daily Allowance up to Rs. 2,500
Universal Sompo Loan Secure Insurance Policy
Repay your outstanding loan amount in the event of your diagnosis of listed critical Illnesses or in case of unfortunate accidental death.
4 plan variants to choose from
18 Major Medical Illnesses covered
Universal Sompo Individual Accident Policy
Universal Sompo's Individual Accident Insurance offers several benefits if the policyholder gets injured or dies in an accident during the policy tenure.
Hospital Confinement Allowance
Funeral charges covered
Universal Sompo Critical Illness Insurance Policy
The plan provides the necessary coverage to fight against the 11 listed critical illnesses, and pays the sum insured to the family.
Sum insured up to 20 L
Free look-up period
Hospital Cash Insurance Policy
A daily allowance benefit (as hospital cash) is provided to the policyholder at the time of hospitalization.
Long-Term Policy Discount
No pre-medical tests up to 55 years
Pravasi Bhartiya Bima Yojana
The policy is designed only for those emigrants who bought this policy before leaving India and have their passports under “Emigration Check Required”.
Transportation and Airfare Charge
Universal Sompo Surva Vidyarthi Bima Yojana
The plan is taken by an Educational Institution/School for the benefit of the students. The insured can opt for any Section/Benefit and Extension as per their needs .
How To Purchase Universal Sompo Health Insurance Plans?
Buying Universal Sompo Health Insurance is an easy and hassle-free process. One has the option to directly buy the policy through the company's website, or purchase it via PolicyX.com. Let's look at both the procedures:
Through the Company's Website
Visit the official website of Universal Sompo Insurance company and click on the 'Products' tab.
Choose the 'Health' category.
Check the plans as per your needs and tap the 'Buy' button.
Fill in all the details required and make the payment.
Your policy-related documents will be mailed to you at your registered email address.
Note:The company offers certain offline plans. To buy those plans you need to visit the nearest branch of the company.
Scroll up to the top of this page and fill in the details in the 'Calculate Universal Sompo Health Insurance Premium' form.
Out of all the quotes shown to you, choose the desired Universal Sompo health plan and click on 'Buy Now'.
Pay the premium and your policy documents will be shared with you on your registered email.
What Is the Claim Process for Universal Sompo Health Insurance Plans?
For Cashless Claim
You need to intimate the insurer within 24 hours of emergency hospitalization and 48 hours before a planned admission to the network hospital.
Show your health card along with valid ID proof and fill in the details in the cashless request form.
Submit the form at the hospital insurance helpdesk.
The hospital will then verify the information provided and send the form to the company.
The company will verify the details and communicate its decision to you and the hospital.
On acceptance, the company will directly settle the expenses with the hospital.
For Reimbursement Claim
Intimate the insurer about the hospitalization at the earliest and pay the expenses post-discharge.
Fill the reimbursement form with the required details and submit it.
The insurer will ask you to submit the hospital bills, prescriptions, and receipts.
On successful completion of the verification procedure, the company will reimburse the amount in the claimant's registered account.
How To Contact Universal Sompo General Insurance?
Universal Sompo's Customer care is available 24*7. Below- mentioned are all the means by which one can contact the company:
Universal Sompo Health Insurance: Frequently Asked Questions
1. Does Universal Sompo Complete Healthcare offer inpatient direct settlement?
Yes. Under this plan, you can avail of the benefit of in-patient direct settlement.
2. Are there any Value Added Services under Universal Sompo Complete Healthcare Insurance?
The plan allows the individuals to get free access to the company's Health & Wellbeing Services that includes:
Active life programmes specially designed to guide you to your health goals
Health & Wellbeing programmes with up to date clinically validated support information
Active care programmes designed to prevent illness or manage existing conditions
Offers help for the issues such as medical information, diet and nutrition, help to stop smoking, and even guidance on travelling overseas
3. Am I eligible for any discounts under Universal Sompo Aarogya Sanjeevani Plan?
Yes, the plan offers a loyalty discount of 5% on the premium to the existing policyholders
4. Does my Universal Sompo Aarogya Sanjeevani Policy offer coverage against eye surgeries like Cataract?
Yes, the policyholder gets coverage against the expenses incurred on the treatment of cataract.
5. How to pay the premium of Universal Sompo Health Insurance plans? What are the modes of payment offered by Universal Sompo Health Insurance?
A policyholder can pay the premiums of a universal health insurance plan via online and offline mode.
Through online mode
Through offline mode
You can pay your policy premium by visiting the nearest Universal Sompo branch.
6. What happens if I cancel my health insurance policy?
If you cancel your health policy before the policy's end date, your policy will terminate and a part of the premium will be reimbursed to you according to the policy's cancellation terms, which may vary from plan to plan.
7. Can I check my policy status for Universal Sompo health insurance?
Yes, you can check the status of the policy online or via a toll-free number. Registered users can simply log in to e-Portal with their username and password.
8. Do I need to undergo a medical examination before buying Universal Sompo Health Insurance?
Medical examinations may be required for those over 45-55 years old when buying a new health plan, Apart from the age of the applicants, the medical examination also depends on the plan and the declaration of pre-existing diseases.
9. I am an international citizen residing in India currently. Can I purchase a Universal Sompo health insurance policy?
Yes, international citizens can buy health insurance plans in India. Your medical insurance will only be valid in India.
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