Tata AIG Health Insurance vs Universal Sompo Health Insurance
To lead a stress-free and relaxed life in the future, one does so much preparation in the present – whether that is work, a side-hustle, house duties, or self-care in the form of diet and exercise. Why not include health insurance in the list? It helps you and your loved ones lead a comfortable life in the present and future by taking care of all your health-related expenses. Want to know how? Check out this comparative guide of Tata AIG Health Insurance and Universal Sompo Health Insurance.
Tata AIG Health Insurance vs Universal Sompo Health Insurance – Overview
Parameter | Tata AIG Health Insurance | Universal Sompo Health Insurance |
No. of health insurance policies | 14+ | 20+ |
E-services | Policy salePolicy renewalClaim settlement Branch locatorOnline consultation24x7 customer support | Policy salePolicy renewalClaim settlement Branch locatorOnline consultation24x7 customer support |
Branches | 90+ | 86 |
Claim settlement ratio | 96.43% | 90% |
Cashless claim settlement time | 4 hours | 72 hours |
Hospital network | 5,800+ | 4000+ |
Source: The Annual Report of the Insurance Regulatory and Development Authority of India (IRDAI) -years 2019-20.
Health Insurance Policies: Tata AIG Health Insurance vs Universal Sompo Health Insurance
Tata AIG Health Insurance and Universal Sompo Health Insurance offer a vast range of health insurance policies. They both have high credentials – claim settlement ratios above 90%, quick turnaround times and several network hospitals – so you cannot go wrong with either of them.
Family Floater Policy:
All of Tata AIG Health Insurance and Universal Sompo Health Insurance’s health insurance policies are available for small and large families. However, they also offer separate family-centric policies.
For Tata AIG, these include 6 family floater policies:
- Medicare
- MediPlus
- Medicare Plus
- MediRaksha
- Wellsurance Family Health
- Wellsurance Executive
These policies provide:
- Sum insured (SI) amount options up to Rs. 1,00,00,000
- Coverage for:
- Pre and post-hospitalization
- In-patient hospitalization including:
- Doctors and nursing fees
- Room rent expenses
- Costs for medicines and consumables
- Operation theatre charges
- Domiciliary hospitalization
- 540+ daycare procedures
- Organ donor expenses
- Accidental death benefit
- Bariatric surgery
- Maternity and newborn baby needs
- AYUSH treatments
- High-end diagnostic tests on an OPD basis
- Convalescence benefits
- Daily hospital cash
- Vaccination expenses
- Road ambulance charges
For Universal Sompo, these include:
- Complete Healthcare
- Super Healthcare
These policies provide:
- SI amounts up to Rs. 1,00,00,000
- Coverage for:
- Pre and post-hospitalization
- In-patient hospitalization including:
- Doctors and nursing fees
- Room rent expenses
- Costs for medicines and consumables
- Operation theatre charges
- Costs for prosthetics/other support equipment
- Domiciliary hospitalization
- Daycare procedures
- Organ donor expenses
- AYUSH treatments
- Organ donor expenses
- Bariatric surgery
- Maternity and newborn baby needs
- Pre and post-natal care
- OPD consultations
- Diagnostic services
- Pharmacy access
- Personal health coach
- Road ambulance charges
- 100% restoration of the SI
Critical Illness Policy:
Tata AIG’s Critical Illness Policy offers:
- SI amounts up to Rs. 15,00,000
- 100% of the SI on the diagnosis of a listed critical illness
- Coverage for 12 life-threatening diseases and surgical procedures such as:
- Coma
- Cancer
- Stroke
- Blindness
- Third-degree burns
- Major organ transplant
- Bone marrow transplant
- Costs towards a second medical opinion
Universal Sompo’s Critical Illness Insurance Policy offers:
- SI amounts up to Rs. 20,00,000
- 100% of the SI on the diagnosis of a listed critical illness
- Coverage for 11 life-threatening diseases and surgical procedures such as:
- Cancer
- Coma
- Multiple sclerosis
- Permanent paralysis
- Open-chest CABG
- Open-heart replacement
Janata Personal Accident Policy:
The Janata Personal Accident Policy is a standard and affordable personal accident insurance policy specially designed to cater to the needs of employees and lower-income earners of India. All insurance providers, including Tata AIG Health Insurance and Universal Sompo Health Insurance, offer this policy.
Its features include:
- SI amounts up to Rs. 1,00,000
- 100% payout of the SI for accidental death
- 100% payout of the SI for permanent total disability