• Universal Sompo Hospital Cash Insurance Policy

    Health Insurance
    • Premiums as low as Rs12/day for coverage of Rs.4 Lakhs*
    • 10,000+ hospitals for cashless treatment
    • Claim up to Rs. 55,000 deduction under section 80D**

    Hospital cash insurance policies are provided by many top insurance companies in the market to supplement a regular health insurance plan. These policies are mainly intended to take care of the additional non-medical expenses incurred during the time of hospital stay. Universal Sompo Hospital Cash Insurance Policy is designed just for that purpose. This policy comes in flexible options, and it provides additional support based on the requirements of the insured person.

    Eligibility for Universal Sompo Hospital Cash Insurance Policy

    The company has outlined the following eligibility criteria for people who wish to enroll in the Universal Sompo Hospital Cash Insurance Policy:

    • The entry age of the proposer must be between 18 years and 70 years.
    • Dependent children can be enrolled from the age of 6 months.
    • The maximum entry age for dependents is 25 years.
    • Lifelong renewability option is available under this policy cover.

    Features of Universal Sompo Hospital Cash Insurance Policy

    Some of the notable features of Universal Sompo Hospital Cash Insurance Policy can be given as follows:

    • This policy offers daily cash benefit in multiple options ranging from Rs.500 to Rs.3,000 per day.
    • Customers are also free to choose the number of days (15 to 180) for which they can obtain daily cash benefit. The premium amount will be charged accordingly.
    • This policy can be bought in 1, 2, or 3-year terms based on one’s requirements. There is a 10% discount for 2-year policy term and a 15% discount for 3-year policy term.
    • A family discount of 5% is available if 2 or more members are enrolled in this policy.
    • The daily cash amount chosen at the time of enrollment can be enhanced at the time of renewal. This can be done only if no prior claims are made under this policy.
    • For sickness hospitalisation, there is an initial waiting period of 30 days from the date of inception of this policy cover.
    • Pre-existing conditions are covered after 48 months of continuous policy coverage.
    • There is a 1-year waiting period applicable for specific conditions like cataract, hernia, hydrocele, benign prostatic hypertrophy, arthritis, etc.
    • To ensure smooth operation, the company has used the service of third-party administrators (TPAs) to provide service for customers. The list of TPAs can be obtained from the company’s official website.
    • A 15-day free look period is provided under this policy cover for customers to review the terms of this policy and cancel it if they are not satisfied.
    • A grace period of 30 days from the date of expiry is provided for customers to renew this policy cover. However, there will not be any coverage for the days during which the premium is not paid.
    • Universal Sompo allows portability to and from other insurance service providers in the country. Here, the company must be notified at least 45 days before the date of expiry of this policy.
    • The premium charges paid for this health insurance cover is eligible for tax relief as per Section 80D of the Income Tax Act.

    Benefits of Universal Sompo Hospital Cash Insurance Policy

    The range of benefits offered under Universal Sompo Hospital Cash Insurance Policy can be provided in the following table:

    Benefits Extent of Coverage
    Daily cash benefit following hospitalisation Up to Rs.3,000 per day based on the plan chosen
    Intensive care unit benefit Double the daily cash benefit for the number of days treatment undertaken in the ICU
    Convalescence benefit Rs.10,000 if the number of hospital stay exceeds 21 days

    Exclusions of Universal Sompo Hospital Cash Insurance Policy

    The company is not liable to provide any benefits for the following:

    • Any illness that has been declared as an epidemic by the central or state government
    • General debility or rundown condition
    • Congenital diseases, birth defects, and anomalies
    • Intentional self-injury or attempted suicide
    • Hospitalisation due to mental breakdown or nervous breakdown
    • Hospitalisation due to preventive measures
    • Exposure to radiation or nuclear activity
    • Dental treatment unless necessitated by an accident
    • Any kind of alternative treatments
    • Cosmetic or aesthetic treatments of all kinds
    • Any expenses related to childbirth or pregnancy
    • Any kind of experimental procedures

    Claim Procedure

    In case of hospitalisation, Universal Sompo must be notified within 7 days from admission. Any supporting evidences including medical bills and hospitalisation proofs must be provided within 30 days from the date of intimation. The company will require photocopies of all medical bills, certificates, discharge summary, physician report, FIR copy (for accidents), etc. Once the documents are submitted, the company will verify the claim and notify the acceptance to the insured. The settlement amount will be paid within 7 days from the date of acceptance.

    *The customer reviews/feedback/opinions expressed on this website are solely of their authors and do not reflect, in any way, the view of BankBazaar Insurance.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Universal Sompo Individual Health Insurance Reviews

    • Apollo Munich Health Insurance
      "Worst and Fraud insurance. never take it. rejects all claims"
      0.5 0.5/5 "Unacceptable"
      They reject all claims without proper reason. I personally experienced it. My claim of hospital bill was rejected giving any wrong reason. I urge all people, never take any policy of apollo munich. claim ID: 948912 case ID:5208987. Anyone can check my claim. Fraud apollo munich company, Playing with people money.
      Was this review helpful? 12
      , mumbai
      Reviewed on Mar 15, 2019
    • Star Health
      Star Health Health Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have taken the health insurance policy with the STAR HEALTH & ALLIED INSURANCE where i been using the policy since from last few years. The premium i have paid is 11K for this policy, the medical coverage is for 2L 50K for this policy where the coverage is for self.
      Was this review helpful? 3
      , new delhi
      Reviewed on Jan 30, 2019
    • Royal Sundaram Health Insurance
      "GOOD POLICY"
      0.5 4.5/5 "Excellent!"
      I have been using the health insurance policy with the ROYAL SUNDARAM GENERAL INSURANCE since from last 4-5 years where i had claim once with this policy. The medical coverage is for 4L for complete family. The premium is nominal with this insurance policy.
      Was this review helpful? 5
      , bilaspur
      Reviewed on Jan 29, 2019
    • HDFC Ergo Health Insurance
      "BETTER"
      0.5 3.0/5 "Satisfactory"
      The reason for taking the HDFC ERGO GENERAL INSURANCE health insurance is because i wanted to enhance the medical coverage of this policy. It is a top up plan where i the coverage is for 6L for family. It also includes the pre existing disease coverage.
      Was this review helpful? 1
      , bilaspur
      Reviewed on Jan 29, 2019
    • National Insurance Health Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The reason for taking the health insurance policy with the NATIONAL INSURANCE is because the service is very good. The premium is nominal also the medical coverage what they have offered is 1L for self coverage. It has the disease coverage also the accidental coverage.
      Was this review helpful? 1
      , indore
      Reviewed on Jan 29, 2019
    • HDFC Ergo Health Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      The reason for taking the health insurance policy with the HDFC ERGO GENERAL INSURANCE is because i am an existing customer of life insurance with this HDFC. I had no claim experience with this policy but the medical coverage is for 5L for self.
      Was this review helpful? 1
      , thane
      Reviewed on Jan 29, 2019
    • Bajaj Allianz Health Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      I am using with the health insurance policy with the BAJAJ ALLIANZ GENERAL INSURANCE from last two years which is a corporate policy where i had no claim experience but the premium i am paying for yearly where half of the amount has been paid by the company. The medical coverage they are providing is for 2L for family.
      Was this review helpful? 0
      , kumarakom
      Reviewed on Jan 27, 2019
    • Apollo Munich Health Insurance
      "EXCELLENT"
      0.5 4.0/5 "Great!"
      The premium is nominal when compared to the other health insurances with the APOLLO MUNICH so i have taken this health insurance policy. The claim settlement is very good and the customer service is very helpful. I had no claim experience but the medical coverage is for 10L with this policy.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jan 25, 2019
    • review Health Insurance
      "GOOD POLICY"
      0.5 5.0/5 "Blown Away!"
      I have been using the health insurance policy with the ICICI LOMBARD GENERAL INSURANCE since from last 10 years where i have paid the premium for 7 years. The customer support is very helpful for getting the claim where i got 60K of claim with this policy. Medical coverage is for 5L for family.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 23, 2019
    • Universal Sompo Health Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      The benefits are good with the UNIVERSAL SOMPO GENERAL INSURANCE health insurance so i have taken this insurance. I had no claim experience with this insurance policy but the premium is nominal and the medical coverage is for 10L and the policy coverage is family.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 23, 2019
    • HDFC Ergo Health Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      It is the better plan when compared to the others so i have taken the health insurance policy with the HDFC ERGO GENERAL INSURANCE. Premium is nominal and also the medical coverage is satisfactory which gives the medical coverage is for family.
      Was this review helpful? 1
      , chennai
      Reviewed on Jan 23, 2019
    • HDFC Ergo Health Insurance
      "GOOD"
      0.5 2.0/5 "Expected more"
      I have taken the HDFC ERGO GENERAL INSURANCE health insurance policy with the where i have paid the premium 4187 and the medical coverage is satisfactory with this policy. I had no claim experience with this policy. I have not got the soft copy as well as the hard copy.
      Was this review helpful? 1
      , hisar
      Reviewed on Jan 23, 2019
    • HDFC Ergo Health Insurance
      "GOOD"
      0.5 2.0/5 "Expected more"
      The service is better than others so i have taken this HDFC ERGO GENERAL INSURANCE health insurance policy. I had no claim experience but the medical coverage is for 3L for self. I have not received the soft copy and the hard copy. There is no proper customer followup. The premium i have paid is 8,035.
      Was this review helpful? 4
      , hisar
      Reviewed on Jan 23, 2019
    • ManipalCigna Health Insurance
      "BETTER"
      0.5 2.0/5 "Expected more"
      There is no particular reason for taking the health insurance policy with the CIGNA TTK HEALTH INSURANCE but i had no claim experience with this policy also the medical coverage is satisfactory but i have no idea. Policy coverage is for self.
      Was this review helpful? 2
      , nellore
      Reviewed on Jan 23, 2019
    • Bajaj Allianz Health Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      I have taken the health insurance policy with the BAJAJ ALLIANZ GENERAL INSURANCE wheeler i have been using it since from last few months where i have paid the premium which is nominal also the medical coverage is for 5L which covers self and my mother.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 23, 2019
    • Star Health Health Insurance
      "BETTER"
      0.5 4.0/5 "Great!"
      The reason for taking the STAR HEALTH & ALLIED INSURANCE health insurance policy is because friends suggested. The medical coverage is for 5K where it gives the coverage for 2 persons. It also includes the critical illness, disease coverage.
      Was this review helpful? 3
      , guntur
      Reviewed on Jan 22, 2019
    • Apollo Munich Health Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      I have been using the health insurance policy with the APOLLO MUNICH where i am using it from last few months. I have experienced with no claim experience but the medical coverage they have offered is satisfactory. It gives the coverage for family.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Jan 22, 2019
    • Bharti Axa Health Insurance
      "GOOD POLICY"
      0.5 4.0/5 "Great!"
      There is no particular reason for taking the health insurance policy with the BHARTI AXA GENERAL INSURANCE where i had no claim experience. The premium i have paid is 3.5k also the medical coverage is for 2L for self. The policy coverage is satisfactory.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Jan 22, 2019
    • National Insurance Health Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I have taken the health insurance policy with the NATIONAL INSURANCE where i ma holding it since from many years but i have no claim experience. The premium is satisfactory and the medical coverage is for 5L for complete family. It includes the illness, disease coverage.
      Was this review helpful? 0
      , faridabad
      Reviewed on Jan 22, 2019
    • National Insurance Health Insurance
      "EXCELLENT POLICY"
      0.5 5.0/5 "Blown Away!"
      I am holding the corporate health insurance policy with the NATIONAL INSURANCE where i am using it since fro last 12 years and i had claim for 3-4 times it includes the cashless also the reimbursement. The medical coverage is for 10L for family.
      Was this review helpful? 0
      , pune
      Reviewed on Jan 21, 2019
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