Universal Sompo Health Insurance vs Royal Sundaram Health Insurance

If last year left anything to learn, it is that you must strive to value your health at all times. While this might take an effort in the beginning, it becomes life-saving in the long run. For instance, developing a healthy lifestyle includes waking up at a reasonable hour, following an exercise regime, and eating nutritious food. While this can seem like the harder choice at the start, once you stick to it, the benefits you receive are plenty. In the same way, getting health insurance will require you to stick to paying regular premiums for a while, but also come to your aid when you fall sick or face an injury. If you aren’t convinced yet, check out these health insurance policies from Universal Sompo Health Insurance and Royal Sundaram Health Insurance. 

Universal Sompo Health Insurance vs Royal Sundaram Health Insurance – Overview 

Parameter Universal Sompo Health InsuranceRoyal Sundaram 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 care
Branches86150+
Claim settlement ratio (CSR)90%81.50%
Cashless claim settlement time 72 hours3 hours
Network Hospitals 4000+5,000+

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

Health Insurance Policies: Universal Sompo Health Insurance vs Royal Sundaram Health Insurance

You cannot go wrong in choosing your health insurance policy from Universal Sompo Health Insurance and Royal Sundaram Health Insurance as the coverage they provide in their policies are holistic and extensive. Moreover, the premium prices are affordable and the quality of services is top-notch. 

Family Floater Policy: 

Universal Sompo offers 2 family floater policies: 

  • Complete Healthcare
  • Super Healthcare

These policies provide: 

  • SI amounts up to 10,00,000 (Complete Healthcare) and Rs. 1,00,00,000 (Super Healthcare) 
  • Coverage for:
  • Pre and post-hospitalization 
  • In-patient hospitalization
  • Domiciliary hospitalization
  • Daycare procedures 
  • Organ donor expenses 
  • Ayurveda, Unani, Siddha, Homeopathy (AYUSH) treatments 
  • Bariatric surgery for weight-loss 
  • Maternity and newborn baby needs 
  • Road ambulance charges 
  • OPD dental treatment in case of an accident 
  • Daily hospital cash allowances 
  • Convalescence benefits of Rs. 10,000 
  • Personal health coach and wellness rewards 

Royal Sundaram also offers 2 family floater policies: 

  • Lifeline 
  • Family Plus 

They provide: 

  • SI amounts up to Rs. 50,00,000 (Family Plus) and Rs. 1,50,00,000 (Lifeline) 
  • Coverage for:
  • Pre and post-hospitalization
  • In-patient hospitalization
  • Domiciliary hospitalization
  • 200 daycare procedures
  • AYUSH treatments
  • Maternity and newborn baby needs 
  • Organ donor expenses
  • Bariatric surgery for weight-loss 
  • Emergency domestic evacuation 
  • Ambulance charges 
  • Health and wellness services 
  • Life support equipment 
  • Vaccination expenses needed due to an animal bite

Critical Illness Policy: 

Universal Sompo’s Critical Illness Policy provides:

  • SI amounts up to Rs. 20,00,000
  • 100% of the SI upon diagnosis of a listed critical illness
  • Coverage for 11 life-threatening diseases and surgical procedures such as: 
  • Cancer
  • Permanent paralysis
  • Major organ transplant 
  • Open-heart surgery 

Royal Sundaram provides coverage for critical ailments in two policies: 

  • Critical Illness Lump-sum Policy 
  • Critical Illness Reimbursement Policy 

These policies provide:

  • SI amounts up to Rs. 25,00,000
  • 100% of the SI on the diagnosis of a listed critical illness 
  • Coverage for 9 life-threatening diseases and surgical procedures including: 
  • Cancer
  • Third-degree burns 
  • Open heart replacement 
  • Open-chest CABG 
  • Expenses towards: 
  • Pre and post-hospitalization
  • In-patient hospitalization
  • Daily hospital cash allowances 
  • Ambulance charges 

COVID-19 Policy: 

Both Universal Sompo Health Insurance and Royal Sundaram Health Insurance offer the Corona Kavach for COVID-19. 

The Corona Kavach Policy offers:

  • SI amounts up to Rs. 5,00,000
  • Coverage for: 
  • Pre and post-hospitalization 
  • In-patient hospitalization 
  • Domiciliary hospitalization 
  • AYUSH treatments 
  • Comorbidity treatment 
  • Ambulance charges 

Separately, Universal Sompo offers the Corona Rakshak Policy that provides: 

  • SI amounts up to Rs. 2,50,000
  • 100% payout of the SI on the diagnosis of COVID-19 subject to a minimum requirement of continuous hospitalization for 72 hours. 

Royal Sundaram offers COVID Secure that provides: 

  • SI amounts up to Rs. 50,000
  • 100% reimbursement of the SI on the diagnosis of COVID-19 and in-patient hospitalization for COVID-19 treatment. 

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