Universal Sompo Health Insurance vs COCOCure Health Insurance

Nowadays, it is simple to search for a health insurance plan that is in sync with your needs and financial capacity. There are several comparative websites that contain detailed information on the subject. They also offer the services of an assistant to help you choose a suitable health plan based on different factors. To get you started, here is a comparison of Universal Sompo Health Insurance vs. COCOCure Health Insurance

Universal Sompo Health Insurance and COCOCure Health Insurance – Overview 

Parameter Universal Sompo Health Insurance COCOCure Health Insurance
Number of health insurance plans 20+ 7
E-services Policy sale
Policy renewal
Claim settlement
Online consultation
24×7 customer service
Policy sale
Policy renewal
Claim settlement
Online consultation
Branch locator
24×7 customer service
Branches 86 17
Claim settlement ratio 90% 84.31%
Claim settlement time Cashless claim approval within 72 hours Cashless claim approval within 24-48 hours


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

Health Insurance Plans: Universal Sompo Health Insurance versus COCOCure Health Insurance

Universal Sompo Health Insurance has over 20+ health insurance policies that you can choose from. Their policies are offered on an individual, family floater (including senior citizens) and group (employer-employee) basis. Protection against critical ailments, accidents, COVID-19, etc. is provided. 

COCOCure Health Insurance offers only 7 health insurance policies. But all 7 policies provide coverage for individual, family, senior citizen and employer-employee needs. Protection against critical ailments, personal accidents and even seasonal ailments like dengue, malaria, etc. is provided. 

Below is a 3-plan comparison of Universal Sompo Health Insurance and COCOCure Health Insurance. It will help you choose a health insurance policy that matches your needs. 

Arogya Sanjeevani Health Insurance Plan: 

According to the mandate laid down by the Insurance Regulatory and Development Authority of India (IRDAI), every health insurance company must offer an Arogya Sanjeevani Health Insurance Program. This program aims to provide standard and affordable health insurance to every section of society. 

Universal Sompo Health Insurance Arogya Sanjeevani Plan offers:  

  • Option to avail sum assured from Rs.1 lakh to Rs.5lakhs 
  • Cover for pre, post and in-hospitalization charges
  • Inclusion of daycare procedures, AYUSH and modern treatment 
  • Cover for dental treatment / plastic surgery caused by disease / injury
  • Waiver of pre-policy medical test for individuals up to the age of 55 years

COCOCure Health Insurance Arogya Sanjeevani Plan offers:  

  • Sum assured amount between Rs.1 lakh and Rs.5 lakhs.
  • Cover for pre, post and in-hospitalization expenses 
  • Cover for daycare, modern, cataract and AYUSH treatment 
  • Policy issuance on individual and family floater basis
  • Waiver of pre-policy medical test for individuals up to the age of 50 years

Group Health Insurance Plan: 

Universal Sompo Health Insurance provides coverage against illnesses or accidents to groups comprising employees (in a firm, company, association, etc.) Key offerings include: 

  • Cover for hospitalization expenses (including room rental, boarding, nursing, surgeon fees, etc.)
  • Option for domiciliary hospitalization 
  • Sum assured value for accidents resulting in death, permanent total/partial disablement, and temporary total disability 
  • Add-on critical illness cover 

COCOCure Health Insurance accords protection to group members/employees and their dependents in the event of an accident/ailment. It offers 5 different types of sub-plans: 

Group Health Insurance Policy – 

  • Covers pre, post and in-hospitalization charges
  • Covers charges for daycare and AYUSH treatment, ambulance expenses, etc.
  • Group Personal Accident Insurance Policy – 
  • Gives sum assured upon accidental death, permanent total/ partial disability, and temporary total disability
  • Confers a child tuition benefit and compensation on job-loss 
  • Group Critical Insurance policy – 
  • Gives lump-sum payout upon diagnosis of critical ailments

It also offers Group Seasonal Byte Insurance Plan and a Group HospiCash policy. 

Corona Kavach Health Insurance Plan: 

In the wake of the COVID-19 pandemic, IRDAI has authorized all insurance companies to provide its policyholders coverage against the disease. Both Universal Sompo Health Insurance and COCOCure Health Insurance offer Corona Kavach and Corona Rakshak health plans. A comparison of their Corona Kavach health plans highlights shared features as under

  • Sum assured value between Rs.50,000 and Rs.5 lakh.
  • Policy issuance on individual and also on family floater basis
  • Cover for pre, post and in-hospitalization expenses
  • Homecare treatment and AYUSH coverage for alternative medicines

Choose a health insurance plan that suits your needs and budget. Consult a professional insurance expert for further guidance.