LIC Premium and Maturity Calculator

Universal Sompo Aapat Suraksha Bima Health Insurance Plan

Universal Sompo Aapat Suraksha Bima Health Insurance Plan - This is a health plan that has a primary focus on providing insurance benefits to people against any form of critical illness. The plan seeks to benefit the insured where hospital expenses and other medical related expenses are concerned, when the person suffers from a critical illness. The features of the plan are as follows:

  • The major diseases covered are – paralytic stroke, cancer, renal failure, coronary artery disease and major organ transplant
  • The nominee will get a one-time lump sum payment equal to the sum insured if the insured individual dies in an accident
  • The insured individual will receive a percentage of the sum insured if he suffers a permanent or total loss of limbs or sight in an accident
  • Medical expenses in case of hospitalization are covered
  • Income tax benefit under Section 80D of the Income Tax Act on the premium that is paid.

Eligibility - Universal Sompo Aapat Suraksha Bima Health Insurance Plan

  • Any Indian resident individual is between the ages of 18 to 65 years with lifetime renewal.
  • Children between the ages of 6 years and 25 years are covered as long as the parents are insured.

Exclusions - Universal Sompo Aapat Suraksha Bima Health Insurance Plan

The policy will not cover loss, damage, illnesses or diseases that arise due to the following:

  • Pre-existing diseases will not be covered under this plan unless specifically endorsed
  • Illnesses contracted or diagnosed within the first ninety days of the policy plan when taken for the first time
  • Death that occurs within the first thirty days following the diagnosis of the critical illness
  • Any accident that results from intentional self injury, suicide or when the insured individual is under the influence of alcohol or drugs
  • When the insured individual dies or suffers from permanent disablement while taking part in adventure sports or while travelling in an aircraft in any capacity other than a fare paying passenger in a schedule flight.