Universal Sompo Health Insurance vs Bharti AXA Health Insurance

All-round financial planning includes having different forms of insurance to cover your varying life needs. For instance, having a life insurance plan ensures your family is secure in your absence. A motor insurance plan ensures you and your vehicle are well protected in case of an accident or mishap. And a health insurance plan takes care of all your medical expenses. So, if you have a life insurance plan and a motor insurance plan, it is wise that you also consider adding a health insurance plan to your list. 

You can find out what kinds of benefits it provides with this comparative study of Universal Sompo Health Insurance and Bharti AXA Health Insurance. 

Universal Sompo Health Insurance vs Bharti AXA Health Insurance – Overview 

Parameter Universal Sompo Health InsuranceBharti AXA Health Insurance
No. of health insurance policies20+7
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer supportPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer support
Branches86135
Claim settlement ratio (CSR)90%98.27%
Cashless claim settlement time 72 hours6 hours
Network Hospitals 4000+4,500+

*Source: The Annual Report of the Insurance Regulatory and Development Authority of India (IRDAI) –years 2019-20. 

Health Insurance Policies: Universal Sompo Health Insurance vs Bharti AXA Health Insurance

Once you buy health insurance from Universal Sompo Health Insurance or Bharti AXA Health Insurance, you will surely come back to renew your policy as the perks they provide in their policies are comprehensive. They also have a strong customer-first approach and high claim paying abilities. 

Individual and Family Floater Policy: 

Universal Sompo’s Individual and Family Floater Policy called Complete Healthcare gives: 

  • Sum insured (SI) amounts up to Rs. 10,00,000
  • Coverage for:
  • Pre and post-hospitalization 
  • In-patient hospitalization
  • Domiciliary hospitalization
  • 141 daycare procedures 
  • Organ donor expenses 
  • AYUSH treatments 
  • Bariatric surgery for obesity treatment 
  • Maternity and newborn baby needs 
  • Dental treatment needed due to an accident 
  • Out-patient departmental consultations 
  • Diagnostic and pharmacy services 
  • Vaccination expenses needed due to an animal bite 
  • Road ambulance charges 
  • Spectacles, contact lenses, and hearing aids 
  • 100% restoration of the SI on exhaustion 

Bharti AXA offers 3 family floaters policies: 

  • Smart Super Health 
  • Smart Health Assure
  • Health Advantage 

These policies give: 

  • SI amounts up to Rs. 1,00,00,000
  • Coverage for: 
  • Pre and post-hospitalization
  • In-patient hospitalization
  • Domiciliary hospitalization 
  • Daycare procedures 
  • AYUSH treatments 
  • Critical illnesses and accidents 
  • Organ donor expenses
  • Maternity and newborn baby needs 
  • Out-patient departmental expenses 
  • Bariatric surgery for obesity treatment 
  • Vaccination expenses needed due to an animal bite
  • Dental treatment needed due to an accident 
  • Road and air ambulance charges 
  • Pharmacy and diagnostic services
  • 100% restoration of the SI on exhaustion 

Top-up Policy: 

Universal Sompo’s Top-up Policy, called ‘Super Healthcare’ gives: 

  • SI amounts up to Rs. 1,00,00,000
  • Deductible amount options up to Rs. 40,00,000
  • Coverage for:
  • Pre and post-hospitalization 
  • In-patient hospitalization
  • Domiciliary hospitalization
  • 141 daycare procedures 
  • Organ donor expenses 
  • AYUSH treatments 
  • Bariatric surgery for obesity treatment 
  • Maternity and newborn baby needs 
  • Road ambulance charges 
  • Emergency assistive services 
  • Wellness services 

Bharti AXA’s Top-up Policy called the ‘Smart Super Top-up’ Policy gives: 

  • SI amounts up to Rs. 60,00,000
  • Coverage for: 
  • Pre and hospitalization
  • In-patient hospitalization
  • Domiciliary hospitalization 
  • Home nursing charges 
  • Daycare procedures
  • 13 critical illnesses 
  • AYUSH treatments 
  • In-patient dental treatment 
  • In-patient physiotherapy 
  • Organ donor expenses
  • Air and road ambulance costs 
  • Emergency global hospitalization
  • Convalescence benefits 
  • A personal accident benefit that pays up to Rs. 2,50,000 on an accident 

COVID-19 Policy: 

All insurers, including Universal Sompo Health Insurance and Bharti AXA Health Insurance, offer the standard COVID-19 health insurance policies. These include the Corona Kavach and Corona Rakshak. 

The Corona Kavach Policy gives: 

  • SI amounts up to Rs. 5,00,000
  • Coverage for: 
  • Comorbidities 
  • Pre and post-hospitalization 
  • In-patient hospitalization
  • Domiciliary hospitalization
  • AYUSH treatments 
  • Ambulance charges 
  • Daily hospital cash allowances 

The Corona Rakshak Policy gives: 

  • SI amounts up to Rs. 2,50,000
  • 100% lump-sum payout of the SI on the diagnosis of COVID-19 and 72 hours of continuous hospitalization 

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