Universal Sompo General Insurance Company is a leading name in the insurance sector and provides services in health, travel and, home insurance, apart from car insurance services. The company has many as 113 branches and 17 zonal offices in India.
|Third-party Cover||Up to Rs.7.5 lakhs|
|Cashless Network Garages||NA|
|Incurred Claim Ratio 2017-18||80.66%|
|Net Earned Premium 2017-18||454.75 crore|
|Easy claim settlement|
The following are the add-ons available under Universal Sompo-
Loss or damage caused due to:
||When the policyholder uses the vehicle contrary to mandated instructions|
|Loss due to theft, robbery, and other manmade calamities such as strike, riots, terrorist activities, accidental external damage||Accident due to intoxication|
|Damage caused due to travel by road, air, elevator, inland waterway||Damage due to own negligence|
|Third-party liability in cases of injury, death or damage||Mechanical or electrical breakdown|
|Personal accident cover||Loss due to nuclear risks|
|War related risks|
|Loss of accessories by theft|
|If used/driven outside geographical area|
|Age of vehicle||% of depreciation|
|Not exceeding 6 months||5%|
|Exceeding 6 months but not exceeding 1 year||15%|
|Exceeding 1 year but not exceeding 2 years||20%|
|Exceeding 2 years but not exceeding 3 years||30%|
|Exceeding 3 years but not exceeding 4 years||40%|
|Exceeding 4 years but not exceeding 5 years||50%|
Universal Sompo has a wide network of cashless network garages where customers can directly avail services without any hassles. The company has a presence across the country and it is very easy for the customer to locate the nearest garage through their website.
The claim process for Universal Sompo is easy and can be made online or through the toll-free number. Both cashless claims and reimbursement claims can be made online by following a few simple steps. It is necessary to keep all documents in hand before applying for a claim. In case of an accident, theft or third-party injury, it is a must to file an FIR.
Let's understand how to make a cashless claim:
Let’s understand how to make a reimbursement claim:
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