Universal Sompo Health Insurance vs Care (Religare) Health Insurance

Uncertainty is a part of life. The only way to tackle this uncertainty is to prepare ahead of time. Amidst the daily hustle, it is possible to forget about finances, until an emergency actually strikes you and requires you to shell out a chunk of your savings. That is where health insurance comes to rescue. 

This Universal Sompo Health Insurance versus Care Health Insurance guide will give you clear insights into how health insurance works. 

Universal Sompo Health Insurance and Care Health Insurance – Overview 

ParameterUniversal Sompo Health InsuranceCare Health Insurance
Number of health insurance plans20+13
E-servicesPolicy sale, policy renewal, claim settlement, online consultation and 24×7 customer servicePolicy sale, policy renewal, claim settlement, online consultation and 24×7 customer support
Branches86146+
Claim settlement ratio90+%93%
Cashless-claim settlement timeCashless claim approval within 72 hoursCashless claim approval within 2 hours
Hospital network4,000+7,800+

Source: Insurance Regulatory and Development Authority of India (IRDAI) Annual Report 2018-19. 

Health Insurance Plans: Universal Sompo Health Insurance versus Care Health Insurance

Universal Sompo Health Insurance offers 20+ health care policies. They cater to individual, group, family and senior citizen needs. Their health plans provide critical illness care, accident cover and Covid-19 cover, etc. 

Care Health Insurance offers 13 health insurance plans. They provide coverage for individual, family, and senior citizen needs. The plans cover critical illnesses, personal accidents and COVID-19, among others. 

Compiled below is a comparison of Universal Sompo Health Insurance and Care Health Insurance. Go through them and take your pick! 

Senior Citizen Health Insurance Policy: 

Universal Sompo Health Insurance offers a specialized senior citizen policy for individuals aged between 60 and 70 years. The key highlights of the plan are:

  • Covers in-patient, pre and post hospitalization charges
  • Covers expenses for home treatment and daycare procedures 
  • Provides additional cover for 7 critical illnesses  
  • Covers ambulance charges and cost of health check-up

Care Health Insurance protects the needs of senior citizens with Care Senior – a health insurance plan that provides extensive coverage to individuals aged above 61 years. Main benefits offered: 

  • Covers in-patient, pre and post hospitalization charges 
  • Provides cover for day-care treatment, home treatment and alternate treatment 
  • Conducts annual health check-ups 
  • Covers expenses for organ donor transplant 
  • Requires no pre-policy medical tests

Critical Illness Insurance Policy: 

Universal Sompo Health Insurance’s – Critical Illness Health Plan provides holistic coverage against 11 major critical illnesses. The principal highlights are: 

  • Provides cover against life-threatening diseases like cancer, heart attack, kidney failure, stroke, etc. 
  • Gives full payout of sum assured upon diagnosis
  • Covers 50% of charges required for pre-policy medical tests 
  • Offers policy on individual and family floater basis

Care Health Insurance’s Mediclaim plan provides extensive coverage against 32 critical illnesses at affordable premium rates. Key advantages of the plan: 

  • Covers in-hospitalization, pre and post-hospitalization charges
  • Provides cover for ICU and OPD expenses
  • Covers air and road ambulance expenses
  • Covers charges for alternative treatment and day-care treatment 
  • Provides recovery counselling and annual health check-up

Coronavirus Health Insurance Policy: 

The onset of COVID-19 has led to a quick response by the Insurance Regulatory and Development Authority of India (IRDAI). On seeing the dire need for affordable healthcare, the department has mandated all health insurance providers to provide COVID-19 coverage to policyholders. Both Universal Sompo Health Insurance and Care Health Insurance offer a separate Corona Kavach Policy for immediate protection against the COVID affliction. These plans are usually available on a short term basis of 3.5, 6.5, 9.5 months.  

Universal Sompo Health Insurance offers two plans – the Corona Kavach and Corona Rakshak.

Benefits of the plans include: 

  • Covers hospitalization charges 
  • Policy available for individuals and family
  • Provides 100% lump-sum payout on diagnosis
  • Offers discounts for healthcare workers 

Care Health Insurance offers a separate Corona Kavach policy. It also provides COVID-19 coverage in the rest of its health plans. Here’s what’s covered: 

  • In-patient, pre and post-hospitalization charges 
  • Time-saving cashless facility 
  • Minimum entry age is 5 years; no limit on maximum age 
  • Policy available for individuals and family 

This review of Universal Sompo Health Insurance vs Care Health Insurance will help you in picking a health plan most suitable to your needs. For further guidance, contact a professional insurance expert. 

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