Universal Sompo Health Insurance

Universal Sompo Health Insurance: Overview

Universal Sompo General Insurance is 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, and health insurance for coronavirus. These plans provide essential financial assistance during medical emergencies. You can easily buy Universal Sompo Health Insurance plans online. Universal Sompo has 86 branch offices and tie-ups with over 4000 network hospitals across India.

Key Highlights

• 4000+ Network Hospitals
• 81.74% Incurred Claim Ratio
• 1.7 Solvency Ratio
• Sum Insured: Up to 25 Cr
• 24x7 Customer Support

Universal Sompo Health Insurance Awards and Accolades

1. 'Best BFSI Brand by Economic Times 2021-22' Award
2. 'Customer Service - Insurance Alerts India, 2021-22'
3. 'Best Technology for Good Project 2021-22'

Why Should You Buy Universal Sompo Health Insurance?

• 4,000+ network hospitals across India, allowing customers to enjoy hassle-free cashless hospitalization.
• Universal Sompo General Insurance Company's claim settlement ratio is 95.77% as per the IRDAI 2021-22 Report.
• As per the IRDAI Annual Report 2021-22, the annual premium of Universal Sompo is 3456.12 Crores.
• Offers comprehensive coverage at affordable premiums.
• Tax benefits under Section 80D of the Income Tax Act.

What is Covered by Universal Sompo Health Insurance?

Pre and Post Hospitalization Expenses

Universal Sompo Health Insurance offers coverage for pre and post-hospitalization expenses related to in-patient hospitalization.

AYUSH Treatments

Most Universal Sompo Health Insurance plans include alternative treatment cover, which you can utilize. AYUSH treatments include Ayurveda, Unani, Siddha, and Homeopathy treatments.

Hospitalization Expenses

Universal Sompo health insurance plans cover hospital expenses like room rent, ICU charges, surgery expenses, doctor consultations, and other related costs.

Day Care Treatments

Many procedures do not require 24-hour hospitalization. A majority of Universal Sompo health insurance plans are designed to cover daycare procedures for policyholders.

Domiciliary Hospitalization

On a doctor’s recommendation, a policyholder can avail of medical care at home. Universal Sompo health insurance plans cover domiciliary hospitalization up to specified sub-limits.

What is Not Covered by Universal Sompo Health Insurance?

Self-Inflicted Injuries

Universal Sompo health policies will not cover injuries or hospitalization caused by self-harm.

Cosmetic Procedures

Universal Sompo Health Insurance plans do not cover any cosmetic surgeries or treatments.

Adventure Sports

Universal Sompo Health Insurance plans will not cover hospitalizations or accidents caused due to adventure sports.

Obesity or Weight Control Treatments

Universal Sompo Health Insurance plans mostly do not cover treatments related to obesity and weight management, such as bariatric surgeries.

Involvement in Illegal Activities

Universal Sompo health insurance company plans do not cover individuals or families for hospitalization or injuries caused due to unlawful activities.

Universal Sompo Insurance Plans Buying Process

If you are looking to purchase Universal Sompo Health Insurance online, follow these simple steps:

Buying from PolicyX.com

1. Step 1: Visit the PolicyX health insurance page and enter your details such as name, age, number of members to be covered, and city.
2. Step 2: Click on 'Get free quotes' and compare Universal Sompo Health Insurance plans as per your needs.
3. Step 3: Select your chosen Universal Sompo Health Insurance plan and pay premiums online.
4. Step 4: Our team of insurance experts at PolicyX will provide you with all the assistance required regarding claims and other queries post-purchase of your Universal Sompo Health Insurance plan.

Buying from the Official Website

1. Step 1: Visit the official website of Universal Sompo Insurance Company and click on the 'Products' tab.
2. Step 2: Choose the 'Health' category.
3. Step 3: Check the plans as per your needs and click the 'Buy' button.
4. Step 4: Fill in all the required details and make the payment.
5. Step 5: Your policy-related documents will be mailed to your registered email address.

To buy the best health insurance plans in India, reach out to the insurance advisors of PolicyX.com at 1800-4200-269 and feel free to raise your queries about comparing health insurance policies before buying.

Universal Sompo Health Insurance Claim Process

You can file for cashless as well as reimbursement claims for your Universal Sompo Health Insurance plans by following these easy steps:

1. Step 1: You need to inform the insurer within 24 hours of emergency hospitalization and 48 hours before a planned admission to a network hospital.
2. Step 2: Show your health card along with valid ID proof and fill in the details in the cashless request form.
3. Step 3: Submit the form at the hospital insurance helpdesk.
4. Step 4: The hospital will then verify the information provided and send the form to the company.
5. Step 5: The company will verify the details and communicate its decision to you and the hospital.
6. Step 6: On acceptance, the company will directly settle the expenses with the hospital.