Universal Sompo Critical Illness Insurance Policy

Universal Sompo Critical Illness Insurance Policy is a critical illness plan, which covers life-threatening diseases and provides financial security to the policyholder's family. Under this plan, a lump sum benefit is offered on the detection of the illness. Cancer, Coma, Kidney Failure, Paralysis etc. are covered under this policy.

Read More

Universal Sompo Critical Illness Insurance Policy

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply

Get insured from the comfort of your home No medicals required
I am a

My name is

My number is

By clicking on ‘View Plans’ you, agreed to our Privacy Policy and Terms of use
I am a

My name is

My number is

Select Age

City Living in

    Popular Cities

    Do you have an existing illness or medical history?

    This helps us find plans that cover your condition and avoid claim rejection

    Get updates on WhatsApp

    What is your existing illness?

    Select all that apply

    When did you recover from Covid-19?

    Some plans are available only after a certain time

    Universal Sompo Critical Illness Insurance Policy: Key Highlights


    Individual/Family Floater

    Sum Insured

    Rs 2.5 lakh- 20 lakh


    1 to 3 years


    10% on 2 years policy

    15% on 3 years policy

    Free-look Period

    15 days

    *All savings offered are as per the IRDAIs approval. Standard T&C apply 

    Coverage Offered

    The coverage offered by the Universal Sompo Critical Illness Health Insurance Policy is available for the following critical illnesses up to the sum insured:

    • Coma of Specified Severity
    • First Heart Attack of specified severity
    • Kidney Failure with regular Dialysis
    • Cancer of specified severity
    • Bone Marrow or Major Organ Transplant
    • Multiple Sclerosis with continuous symptoms
    • Motor Neuron Disease (Permanent Symptoms)
    • Open Chest CABG
    • Open Heart Replacement
    • Permanent Limbs' Paralysis
    • Permanent Stroke

    Inclusions of the Policy

    The inclusions of Universal Sompo Critical Illness are:

    • The policy offers lump sum benefits in case the insured suffers any of the listed critical illness.
    • The policy offers an extensive range of sum insured options from Rs 2.5 lakh to 20 lakh. The policy covers 11 critical illness and surgical procedures.

    Exclusions of the Policy

    Anyone intending to buy Universal Sompo Critical Illness Insurance Policy needs to be aware of the exclusions of this plan:

    • Any other critical illness apart from any disease written in the policy document
    • Any non-medical or medical charges which are in any way related to accidental hospitalization
    • Any cosmetic or aesthetic treatments are not covered.
    • Any treatment for weight loss or weight control treatment
    • Charges in any way related to general debility, convalescence, rest cure, and others
    • Any suicide attempt or intentional self-injury
    • For any hospitalization related to invasion, war, or nuclear activities
    • For any illness or disease detected to drugs or alcohol
    • Treatment-related to sexually transmitted diseases or venereal infections
    • Claims for emotional distress or mental insanity
    • Involvement in criminal activities which results in illness or injury
    • Any congenital anomalies and any related complications
    • Treatment for of the policyholder through an unproven treatment or experiments
    • Expenses of non-allopathic treatment

    Benefits of the Universal Sompo Critical Illness Policy

    The features and benefits of Universal Sompo Critical Illness Health Insurance Policy are as follows:

    • Premium Frequency: The policyholder can pay this premium amount monthly, half-yearly, quarterly, and yearly. The premium can vary according to the age of the policyholder, and the sum insured.
    • Medical Test: Medical test is necessary for policyholders above 55 years of age. Further, depending on the sum assured amount, the applicant may be asked to conduct different tests.
    • Grace Period: The policy offers a grace period of 30 days after the policy's due date within which the person insured can renew the policy to prevent the policy from lapsing. No extra charges will be charged to renew the policy in the grace period.
    • Tax Benefit: Policyholders can avail of a premium under Section 80D of the Income Tax Act on the premiums paid.
    • Pre-existing Illnesses: This plan covers pre-existing diseases after a 48 month waiting period.
    • Survival Period: After the first diagnosis of critical illness, the person insured must survive for 30 days to get the lump sum amount from Universal Sompo Health Insurance.
    • Premium loading: There is an option of premium loading if the policyholder can bear occupational risks. A loading of 15% for medium risks and 20% is applicable for high occupational risks.
    • Increase in sum insured: The policyholder can increase the sum insured after getting approval from Universal Sompo Health Insurance.

    Eligibility Criteria

    To buy this policy, one has to fulfill the following eligibility criteria:

    Minimum Entry Age

    Child: 5 years

    Adult: 18  years

    Maximum Entry Age

    65 years

    Number of People Covered

    Self, spouse, dependent children up to 25 years of age, in-laws, siblings, and parents up to 65 years of age

    Residential Status

    Indian residents who can be Indian citizens or Permanent Residents of India

    Information on Cancellation of the Policy

    If the person insured, after purchasing the policy, is not satisfied with the conditions and terms of the policy, then he/she can return the policy. The policy can be returned within 15 days from the commencement date of the policy. However, the premiums will be returned if no claim is made and after the deduction of stamp charges and taxes. 


    Health insurance articles

    Recent Articles
    Popular Articles
    List of Diseases Covered by Bajaj Allianz Health Insurance Plans

    05 Jul 2022

    Barely any person has remained unaffected due to rising health...
    Read more
    Annual Medical Check-ups in Health Insurance

    05 Jul 2022

    Regular health check-ups are important to keep a track of your...
    Read more
    Advantages and Disadvantages of Buying a Health Insurance Policy

    04 Jul 2022

    In India, healthcare is getting expensive with each passing day...
    Read more
    Does Health Insurance Cover Sports & Gym Injuries?

    27 Jun 2022

    Gone are the days when only athletes and professional sports...
    Read more
    Health Insurance for Rural India

    24 Jun 2022

    Healthcare is expensive in India and is increasing with each...
    Read more
    PMJAY Scheme: Ayushman Bharat Yojana Eligibility & Registration Online
    Prime Minister Shri Narendra Modi announced the launch of (PMJAY) Ayushman Bharat Yojana in his Independence...
    Read more
    Best Health Insurance Plans in India 2022
    Finding the best health insurance plan from so many different health insurance companies can get confusing for many...
    Read more
    Best Maternity Insurance Plans
    Maternity insurance offers comprehensive coverage for medical expenses incurred during pregnancy, including the cost...
    Read more
    How to apply for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY)
    Ayushman Bharat health insurance is a flagship scheme launched by the Government of India, as per the...
    Read more
    Best Health Insurance Plans for Senior Citizens in 2022
    Considering the increase in medical inflation in India, buying adequate health insurance for your loved ones has...
    Read more
    Download the Policybazaar app
    to manage all your insurance needs.