Liberty Health Insurance vs Universal Sompo Health Insurance

Some data analysts suggest that India will be able to vaccinate only 30% of its population by the end of 2021. So it is vital to stay at home and be safe until you get vaccinated. And while you are home, it would be wise to search for a suitable health insurance policy to ensure the financial security of you and your loved ones. This comparative guide of Liberty Health Insurance and Universal Sompo Health Insurance can lead you to the right one.  

Liberty Health Insurance vs Universal Sompo Health Insurance – Overview  

ParameterLiberty Health InsuranceUniversal Sompo Health Insurance
No. of health insurance policies9+20+
E-servicesPolicy salePolicy renewal Claim settlement Branch locatorOnline consultation24x7 customer support Policy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer support
Branches11086
Claim settlement ratio (CSR) 91%90%
Cashless claim settlement timeUnspecified72 hours
Hospital network5,000+4000+

Source:  Insurance Regulatory and Development Authority of India’s Annual Report (IRDAI) – years 2019-20

Health Insurance Policies: Liberty Health Insurance vs Universal Sompo Health Insurance

Liberty Health Insurance and Universal Sompo Health Insurance offer a bunch of health insurance policies that cater to different individual needs. Critical ailments, post-accident hospitalization, COVID-19 treatment, lifestyle diseases, and maternity care are some of the health needs covered under their policies. 

Critical Illness Insurance: 

Liberty Health Insurance has a Critical Illness Policy called ‘Critical Connect’. It offers: 

  • Sums insured (SI) up to Rs. 1,00,00,000
  • 100% of the SI on the diagnosis of a policy listed critical illness 
  • Coverage for:
  • Up to 60 critical illnesses and surgeries including: 
  1. Cancer
  2. Permanent paralysis 
  3. End-stage lung failure 
  4. Third-degree burns 
  5. Aorta graft surgery 
  6. Open heart surgery 
  • The treatment of two subsequent critical illnesses during the insured’s lifetime 
  • The insured’s EMI payments to help the insured sustain his/ her job 
  • A waiver of the 30-day survival period 

Universal Sompo’s Critical Illness Policy offers:

  • SI up to Rs. 20,00,000W
  • 100% of the SI on the diagnosis of a policy listed critical illness
  • Coverage for 11 critical illnesses and surgeries including: 
  • Cancer
  • Kidney failure 
  • Permanent paralysis
  • Major organ transplant 
  • Open-chest CABG
  • Open heart replacement 
  • Discounts in premiums for long-term policies 

Top-up Insurance: 

Liberty Health Insurance has a Top-up Policy called ‘Health Connect Supra’. It offers:

  • SI up to Rs. 1,00,00,000
  • Deductible amounts up to Rs. 40,00,000 for co-payment of the SI 
  • Coverage for: 
  • Pre and post-hospital care expenses 
  • In-patient hospital care expenses
  • 405 daycare procedures and treatments 
  • AYUSH treatments that include:
  1. Ayurveda
  2. Unani
  3. Siddha
  4. Homeopathy
  • Optional covers for:
  • Medical monitoring
  • Medical consultations
  • Medical evaluations
  • Emergency medical evaluation
  • Case management 
  • Global protection
  • Wellness and assistance programs and loyalty perks 

Universal Sompo has a Top-up Policy called ‘Super Healthcare’. It offers: 

  • SI up to Rs. 1,00,00,000
  • Deductible amount options up to Rs. 40,00,000 for co-payment of the SI 
  • Global overage for:
  • Pre and post-hospital care expenses
  • In-patient hospital care expenses
  • Domiciliary (home) hospital care 
  • 141 daycare procedures 
  • Organ donor expenses 
  • AYUSH treatments 
  • Bariatric surgery for weight-loss 
  • Maternity and newborn baby needs 
  • Emergency assistive and wellness services 
  • Road ambulance charges 
  • A free health check-up on every renewal 

Daily Hospital Cash Insurance: 

Liberty Health Insurance has a Daily Hospital Cash Policy called ‘Hospi-cash Connect’. It offers: 

  • Daily cash benefits (DCB) up to Rs. 10,000 for up to 30 days of in-patient hospitalization
  • Twice the DCB for hospitalization of the insured in the intensive care unit/ICU
  • Twice the DCB for hospitalization of the insured on any sickness/ accident 
  • 5 times the DCB towards a post-hospitalization recovery benefit 
  • 15 times the DCB towards convalescence benefits
  • Up to Rs. 50,000 for minor surgical procedures
  • Up to Rs. 2,00,000 for major surgical procedures
  • 50% of the DCB for up to 5 daycare procedures 

Universal Sompo’s Daily Hospital Cash Policy provides:

  • DCB up to Rs. 3,000 for up to 180 days of in-patient hospitalization
  • Twice the DCB on hospitalization of the insured in the intensive care unit/ICU 
  • Convalescence benefits up to Rs. 10,000 
  • 5% discounts on premiums for a family floater and group policies 

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