Universal Sompo General Insurance

by - August 04, 2020

                                                      


                                                      
INTRODUCTION

Universal Sompo General Insurance Company Limited (USGI) is a leading name in the field of General Insurance. 


The company provides you with all types of Insurance including health, travel, and motor insurance. The company offers a wide range of general insurance products to customers. 


The company is a joint venture of both public and private companies, which include Indian overseas bank, Karnataka Bank, Allahabad Bank, Dabur Investments and a Japanese Insurance company known as Sompo Japan Nipponkoa. It has both Indian and Japanese DNA within.


The company head office is in Mumbai and offers a wide range of insurance products which are tailored to meet the requirements of the policy bearer.


 The company also provides you with Commercial Insurance, Home Insurance and Students Travel Insurance.
You can visit the official website of the company to check out the policies and buy them.

BENEFITS OF UNIVERSAL SOMPO GENERAL INSURANCE 

The company provides you with innovative insurance policies and has a strong presence in the online market, making it easy for you to analyze and buy any insurance policy which suits your needs. 


Universal Sompo General Insurance has a network of more than 7,700 branches across India, offered by its banking partners, which makes the company’s network strong and within reach.


The major attraction is the complete health Insurance policy which has great features. It covers the bearer against all the hospitalization expenses in case of illness, sickness, or disease. It comes with a low premium and also covers the family of the policyholder.

Health Insurance

The company provides you with a wide variety of Health Insurance policy. Below are some of the best policies you can get for yourself and your family.

  • Universal Sompo Complete Healthcare Insurance Policy: The policy will cover you and your family. It can be bought both, for individual or on a floater basis. The sum insured ranges between 1 Lakh up to 10 Lakhs.

Universal Sompo Super Healthcare Insurance Policy: This policy acts as a booster for your existing healthcare policy or in other words a top-up for your recurring expenses. The policy ranges from 2 Lakh up to 1 crore.


  • Universal Sompo Arogya Sanjeevani Policy: It is an affordable policy which covers you and your family against basic health care issues. The insured sum range is from 1 lack of up to 5 lakhs.

  • Universal Sompo Individual Health Insurance Policy: The policy covers you and/or your family against any healthcare issue occurred due to illness or accident. The insured sum ranges up to 5 lakhs. It comes with an add on benefit in which you can get covered for critical illness by paying extra premium.


Motor Insurance

The Company provides you with a comprehensive and third party cover for vehicles you own. The company offers insurance policies for both two-wheelers and four-wheelers and also for commercial vehicles. However comprehensive cover is not included for the commercial vehicles. The commercial vehicles only get the benefit of third party cover. 

Travel Insurance

The Company is also well known for its travel insurance policies. You can now travel with peace of mind around the globe. The policy covers all major issues including health and baggage. The policies include:
  • Annual multi-trip: 4 plans, whichever suits your need.
  • Travel worldwide: 8 plans to choose from.
  • Student travel: 6 plans, find the best one for you.
  • Travel Asia: 2 plans.

Claim Settlement Ratio

UNIVERSAL SOMPO has an in-house claim settlement team which makes it easier for the company to settle its claims quickly. The company’s claim settlement ratio is 72.39%*. *The claim settlement ratio change from time to time to fulfil all your coverage requirements. 

Tax Benefit

Health insurance premiums earn a tax benefit under Section 80D of the Income Tax Act.
So, for example, if you own a Universal Sompo’s health insurance plan for yourself and your parents, and the premium you pay is supposed Rs. 50,000 (Rs. 20,000 for individual and Rs 30,000 for parents) would be allowed as a deduction from your taxable income.


UNIVERSAL SOMPO CUSTOMER CARE

Universal Sompo has a well-trained customer service department that assists its customers. To get in touch with your insurer you can contact him by email, fax or the helpline number provided to you. Customers can also write to the branch office of the insurer.
Phone- Customer Care Helpline

Toll-free number: 18002004030

Landline number: 022-27639800, 022-39133700

Health Insurance Customer’s Helpline:

Toll-free number: 18002005142

Landline number: 022-39635200

Fax number: 18002009134 


Highlights of Universal SOMPO General Insurance-

1    1. 4,000+ Network Hospitals

2    2. 2,67,221 Policies Issued

3   3. Lifelong Renewability

4   4.75.92% Claim Settlement Ratio

5   5.In-House Claim Management

6.     6. Coronavirus (COVID-19)Cover linked with more than 3500 Garages.


 UNIVERSAL SOMPO REVIEWS-
  • The company works in the direction to provide complete services and satisfaction

  • It is known for the policy having high coverage and low premium


  • Claims are good and the process of claiming is good and quick

  • Services facilitated by the executives and staff members are remarkable


  • The high rating includes features such as five-star rating for customer service, various policy benefits; policy coverage is really good, premium etc.

  • Provides a wide range of insurance plans


  • Well known for immediate assistance and service

  • Claim amount settled up on time


  • Various plans are available with 100% customer satisfaction

 CONCLUSION

Insurance policies have been a major requirement in the current scenario. There should be someone to take care of you, your loved ones and also your prized assets.

No one can predict what the future beholds but an insurance policy may cover up for the ill happenings or any unwanted disaster which may strike upon you.

 Universal Sompo General Insurance will help you in such cases. It will be there for you and your loved ones throughout and bear the burden with you. The company is also highly efficient in providing you with post-claim services.

USGI HELPS YOU MANAGE YOUR RISK NOT ONLY TODAY BUT ALSO TOMORROW.


You May Also Like

1 Comments

featured posts