Universal Sompo Health Insurance Renewal
  • Renew Universal Sompo Health Insurance
  • Understand the Benefits
  • Checkout the online renewal process
Universal Sompo Health Insurance Renewal
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Universal Sompo Health Insurance Renewal

Universal Sompo General Insurance (previously Universal Sompo Alliance Insurance Company Limited) is one of India’s most well-known general insurance firms. It was one of the earliest general insurance businesses in the private sector. The firm provides a diverse variety of health insurance solutions to meet customers’ demands. It is a customer-focused insurance firm that strives to provide the best possible service to its clients.

To make insurance more convenient to the policyholder, the company allows them to opt for Universal Sompo health insurance renewal online.

In the below sections, we have discussed the benefits and steps to renew the Universal Sompo Policy.

Benefits of Universal Sompo Insurance Renewal:

Universal Sompo insurance renewal offers several benefits to customers. Take a look at the below section that will help you understand the benefits of Universal Sompo health insurance renewal online:

  • Most health insurance firms do not offer health insurance to consumers above a specific age. This is because, as people get older, they are more likely to have pre-existing illnesses or chronic ailments. To avoid a situation in which one needs health insurance but is unable to obtain it, one should get insured as early as possible. Renewing health insurance on time ensures that you are protected by the policy’s terms and conditions.
  • The policyholder becomes eligible for tax advantages under Section 80D of the Income Tax Act of 1961 when they purchase a health insurance policy. To keep receiving tax benefits, one must renew their health insurance coverage regularly.
  • When young, one needs to pay less premium as compared to someone older. So, if you let your current health insurance coverage lapse, you may not be able to acquire another policy at the same rate, making it a burden on your pocket.

Things to keep in mind before the Universal Sompo Policy renewal:

Universal Sompo Policy renewal should be done by keeping the below factors in mind. See below and renew the Universal Sompo Policy without facing any hassles.

  • Always renew your insurance policy before the expiration date. If you fail to renew your health insurance coverage by the due date, you will be given a grace period of up to 30 days, depending on the policy. Your insurance will expire if you do not pay the renewal premium for your coverage during the grace period. If your policy has lapsed, you will not be supplied with any health insurance coverage, according to the Insurance Regulatory and Development Authority of India (IRDAI) criteria. Furthermore, if you do not renew your insurance within the grace period, you risk losing your no-claim incentive.
  • Evaluate your & your family’s healthcare needs while renewing your health insurance coverage. Examine the coverage provided by your current insurance and add or eliminate any coverage that meets your needs. You can also add or remove a family member from your insurance. During renewals, you can also add or remove any rider from your health insurance policy.
  • Check the amount of money you’re covered for under your health insurance policy. You should check your health insurance policy’s sum insured when examining your insurance requirements. If you believe your current sum insured is insufficient, you must enhance it while renewing your coverage.

How can I do my Universal Sompo Health Insurance renewal online?

Universal Sompo offers an easy renewal process for its policies. Let’s take a look at it.

  • Visit the official website of Universal Sompo General. On the top of the page, click on ‘Insta Renew’.
  • Enter your ‘Policy Number’ and ‘Expiry Date’.
  • View your policy details and make the premium payment.
  • You will get the renewed policy details on your registered email address.

For more details about the renewal process of your Universal Sompo health insurance policy or its family floater health plans, reach out to our insurance experts at 1800-4200-269. 

Universal Sompo Health Insurance Network Hospital List

Universal Sompo Health Insurance Network Hospitals are present in 31 states nationwide. With a wide network of hospitals, Universal Sompo Health Insurance ensures that you are medically secured, irrespective of the city you reside in.

Explore other Universal Sompo Health Insurance

To cater to the different medical needs of an individual & their family, Universal Sompo Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more.Take a look below to Universal Sompo Health Insurance plans explore more:

Individual

'Beauty lies in the eyes of the beholder.' - Plato This is the reason you should protect your eyes at any cost. The eyes are one of the most sensitive...

Unique Features

  • Special Eyewear Coverage
  • Discounts on Premiums
  • Deductibles Available

Universal Sompo Eyewear Plan (Pros)

Universal Sompo Eyewear Plan
  • Fire and allied perils
  • Accidental Damage
  • Burglary including theft

Universal Sompo Eyewear Plan (Cons)

Universal Sompo Eyewear Plan
  • Damage due to mishandling
  • Defect in manufacturing
  • Replacement of the spectacles/lens

Universal Sompo Eyewear Plan (Other Benefits)

Universal Sompo Eyewear Plan
  • Spectacles
  • Lenses & Sunglasses cover
  • Cover within India & Abroad

Universal Sompo Eyewear Plan (Eligibility Criteria)

Universal Sompo Eyewear Plan
  • SI - 500 - 50000
  • Policy Term - 1 Year
  • Initial Waiting Period - Coverage from day 1
  • Plan Type - Individual/ Group

Individual and Family Health Insurance

Universal Sompo Complete Healthcare Insurance is a comprehensive health insurance plan that takes care of your medical bills during the time of hospi...

Unique Features

  • Restoration Benefit
  • Second Medical Opinion
  • 3 Variants

Complete Healthcare Insurance (Pros)

Complete Healthcare Insurance
  • E-consultations
  • Second medical opinions
  • Vaccination
  • Daily hospital cash
  • Compassionate travel

Complete Healthcare Insurance (Cons)

Complete Healthcare Insurance
  • Maternity benefit
  • Newborn baby cover
  • IVF not covered
  • Global coverage

Complete Healthcare Insurance (Other Benefits)

Complete Healthcare Insurance
  • In-patient hospitalization
  • Pre & post-hospitalization
  • Daycare procedures
  • Domiciliary care

Complete Healthcare Insurance (Eligibility Criteria)

Complete Healthcare Insurance
  • Minimum: 18 years
  • Maximum: 75 years
  • SI - 1 - 10 L
  • Initial Waiting Period - 30 Days

Health Insurance Companies

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Universal Sompo Health Insurance Renewal: FAQs

1. What is the renewal process of Universal Sompo health insurance policy?

Contact the customer care agents of PolicyX at 1800-4200-269 for detailed info on the Universal Sompo health policy renewal process.

2. Can I renew my Universal Sompo health policy?

Yes. You should renew your health policy before its expiration, say if your policy has a 2 year tenure, renew the same every two years.

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Himanshu Kumar

Written By: Naval Goel

Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.