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  • Universal Sompo Saral Suraksha Bima

    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**

    Universal Sompo Saral Suraksha Bima is a micro insurance policy that provides coverage for the low-income segment of the country. This is a fixed-benefit cover that pays the chosen sum insured amount following an eventuality. This policy provides coverage against various critical illnesses, accidental death, and permanent total disability. The premium for this micro insurance policy is priced low to ensure that people from the low-income segment can easily access this coverage.

    Eligibility for Universal Sompo Saral Suraksha Bima

    People who meet the following eligibility criteria can be enrolled in this policy:

    • The entry age of the proposer must be between 18 years and 65 years.
    • Children can be covered from the age of 10 years.
    • Unmarried dependents are covered till the age of 25 provided at least one of the parent is also covered alongside.
    • This policy can be renewed throughout one’s life when entered within the above mentioned entry age.

    Features of Universal Sompo Saral Suraksha Bima

    Universal Sompo Saral Suraksha Bima comes with the following features:

    • The three options for critical illness sum insured are Rs.10,000, Rs.20,000, and Rs.25,000.
    • For personal accident coverage, the three sum insured options are Rs.20,000, Rs.40,000, and Rs.50,000.
    • The sum insured amount chosen at the time of enrollment can be increased at the time of renewal provided there were no prior claims on the policy.
    • There is a general waiting period of 90 days before any claim can be made under this policy cover.
    • For critical illness, there is a survival period requirement of 30 days. In other words, there will be no compensation for death within the first 30 days of diagnosis of a named critical illness.
    • Pre-existing conditions are covered under this policy after 48 months of continuous coverage.
    • This policy is valid for a period of one year and it must be renewed annually. A grace period of 30 days is allowed from the date of expiry to renew this policy cover.
    • In the first 15 days of policy commencement, you can review the terms and return it if you are not satisfied.
    • Since this is a fixed-benefit policy, you have the option of nominating a beneficiary. In the absence of a nominee, the benefits will be provided to the legal heir.
    • Universal Sompo allows portability to and from other insurers in the market. The company must be notified at least 45 days before the renewal date in order to proceed with the portability option.
    • Income tax relief is provided towards the premium amount paid for this policy cover as per Section 80 of the Income Tax Act.

    Benefits of Universal Sompo Saral Suraksha Bima

    The benefits provided under Universal Sompo Saral Suraksha Bima policy can be given as follows:

    Benefits Extent of Coverage
    Critical illness
    • Cancer of certain severity
    • Stroke resulting in permanent symptoms
    • Kidney failure
    • Coronary artery bypass grafting
    • Bone marrow/major organ transplant
    Lump sum payment of full sum insured amount following first diagnosis
    Accidental death of the insured Lump sum payment of the full sum insured amount
    Disability due to:
    • Loss of both eyes
    • Loss of two limbs
    • Loss of one eye and one limb
    Lump sum payment of the full sum insured amount
    Partial disability due to loss of one eye or one limb 50% of the sum insured amount
    Permanent disability as certified by a qualified medical practitioner Lump sum payment of the full sum insured amount

    Exclusions of Universal Sompo Saral Suraksha Bima

    The following list of exclusions apply to Universal Sompo Saral Suraksha Bima policy:

    • Intentional self-injuries, suicide or attempted suicide
    • Injuries or illnesses caused under the influence of alcohol
    • Any consequences arising out of alcoholism or addiction to tobacco
    • Treatment for sexually transmitted diseases including HIV and AIDS
    • Death or injury resulting from participation in extreme sports
    • Death or injury caused while breaching the law with criminal intent
    • Injuries that can be attributed to war or warlike activities
    • Injuries or illnesses resulting from exposure to ionizing radiation or nuclear waste
    • Congenital diseases, birth defects, or anomalies

    Claim Procedure

    Upon any event (accident or critical illness) that may give rise to a claim, the company must be notified immediately within a maximum of one month. Death claims must also be filed by the nominee within one calendar month. The insured can call the company’s call center about the claim or visit the branch office of Universal Sompo and provide it in writing. Any authorised person in the company can direct you on how to make the claim. The following documents may be requested by the company while filing a claim:

    • Duly filled claim form
    • FIR copy (accidents)
    • Doctor certificate, discharge summary, medical bills (critical illness)
    • Death certificate/post mortem report (for death claims)
    • Physician certificate for disability (disability claims)
    • Diagnostic reports
    • Any other documents that may be requested by the insurer

    Once these documents are submitted to the company, the company will start with the verification process. The company will announce the acceptance or rejection of a claim within a maximum of 30 days. If the claim is accepted, the reimbursement amount will be provided to the insured person within a maximum of 7 days.

    *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 Saral Suraksha Bima 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? 1
      , mumbai
      Reviewed on Mar 15, 2019
    • 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? 5
      , 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? 2
      , 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
    • Tata AIG Health Insurance
      "GOOD POLICY"
      0.5 5.0/5 "Blown Away!"
      I am holding the health insurance policy with the TATA AIG GENERAL INSURANCE since from last 10 years as i have no claim experience with this insurance policy. The premium is nominal also the medical coverage they have offered is 5L for self.
      Was this review helpful? 0
      , noida
      Reviewed on Jan 29, 2019
    • Bankbazaarinsurance.com Health Insurance
      "USER FRIENDLY PORTAL TO USE"
      0.5 5.0/5 "Blown Away!"
      Bankbazaarinsurance.com i am using it for the very first time as i am using it through the website as the portal is convenient to access also it is hassle free to apply for the insurance. The customer service is very good they explain the details of the policy.
      Was this review helpful? 1
      , indore
      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? 0
      , indore
      Reviewed on Jan 29, 2019
    • Bankbazaarinsurance.com Health Insurance
      "CONVENIENT PORTAL TO USE"
      0.5 4.0/5 "Great!"
      It is the first time experience with the Bankbazaarinsurance.com where i have been using it through the website as the portal is user friendly also it is convenient to access. The customer service is good by explaining the details of the policy.
      Was this review helpful? 0
      , thane
      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? 0
      , 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? 0
      , 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
    • Bankbazaarinsurance.com Health Insurance
      "USER FRIENDLY PORTAL TO USE"
      0.5 4.0/5 "Great!"
      Bankbazaarinsurance.com i am using it from last more than one year and i have been using it through the website as i have faced with no issues with this portal and it is hassle free to access. The customer service is very good by explaining the details of the policy.
      Was this review helpful? 0
      , mumbai
      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
    • Bankbazaarinsurance.com Health Insurance
      "CONVENIENT"
      0.5 4.0/5 "Great!"
      This is the first time experience with the Bankbazaarinsurance .com where i am using it through the mobile application as the application is user friendly and also it is hassle free to use. The customer service is comfortable and they are responsive and it is good.
      Was this review helpful? 1
      , chennai
      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
    • Bankbazaarinsurance.com Health Insurance
      "CONVENIENT"
      0.5 4.0/5 "Great!"
      Bankbazaarinsurance.com is the first time experience where i have been using it through the website as the portal is user friendly also it is comfortable to access. The customer support is with no proper response because they have not followed up.
      Was this review helpful? 0
      , 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? 2
      , hisar
      Reviewed on Jan 23, 2019
    • Bankbazaarinsurance.com Health Insurance
      "CONVENIENT"
      0.5 3.0/5 "Satisfactory"
      It is the first time experience with the Bankbazaarinsurance.com where the portal is very good to use. I use it through the website as the portal is user friendly and hassle free to access. The customer service is very good and they are responsive.
      Was this review helpful? 1
      , nellore
      Reviewed on Jan 23, 2019
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