Universal Sompo Aapat Suraksha Bima Policy

Age

Min: 18 years Max: 65 years Children within 6 to 25 years can also be covered if the parents are already covered.

Sum assured

Flexible

Renewability

Option for renewable at maturity through lifetime

Cover offered

1. Critical illness of five diseases as denoted above
2. Accidental Death
3. Permanent Total Disability

Discount

1. 5% discount on 2 years advance premium payment
2. 7.5% discount on 3 years advance premium payment
3. 2.5% premium discount on satisfying healthy living criteria
4. Family discount at 5% for 2-3 members, 7% for 4-5 members and 10% for more than 5 members
5. E-policy buying discount of Rs.110

Benefits

1. Tax exemptions as per Section 80D of the Income Tax Act, 1961.
2. Flexible premium amounts as per age and sum assured chosen.
3. 100% sum assured paid to nominee/legal heir in case of critical illness (specified), accidental death and permanent total disablement.

Exclusions

1. Illnesses diagnosed in the first 90 days of initiation of policy tenure
2. Preexisting illness
3. Injuries that are self-inflicted, suicides or injuries sustained while intoxicated
4. Death or permanent disability due to taking part in professional adventure sports, while travelling by air in any other capacity other than as a general fare paying passenger
5. Death due to Critical Illness within 30 days of diagnosis