Universal Sompo
vs
Galaxy Health

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Universal Sompo vs Galaxy Health

Universal Sompo

Universal Sompo offers a comprehensive health insurance policy that caters to a personalized healthcare benefits to the insured members.

Galaxy Health

Galaxy Health Insurance is an IRDAI-licensed standalone health insurer recently launched in March 2024. Galaxy Health Insurance aims to be a top contributor to the health insurance market in India. The company is the brainchild of the founder of Star Health Insurance, V Jagannathan along with the chairman emeritus of TVS Motors, Venu Srinivasan jointly.

COMPANY DETAILS Edit

Universal Sompo

Edit

Galaxy Health

Rating
Number of health insurance plans and add-ons
Sum insured

Sum Insured

Up to 25 Cr

Sum Insured

Up to 1 Crore
Network hospitals

Network Hospital

4000+

Network Hospital

-
Claim ratio

Claim Ratio

91.58%

Claim Ratio

N/A%
Solvency Ratio

Solvency Ratio

1.7

Solvency Ratio

N/A
Pan India Presence

Pan India Presence

96

Pan India Presence

N/A
Claim Form

Claim Form

-

Claim Form

-
Waiting Period

Waiting Period

30

Waiting Period

24 Months
Individual

Individual

Universal Sompo Eyewear Plan

Individual

Individual and Family Health Insurance

Individual and Family Health Insurance

Complete Healthcare Insurance

Individual and Family Health Insurance

Galaxy Promise Health Plan

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Universal Sompo Health Insurance

Universal Sompo offers a comprehensive health insurance policy that caters to a personalized healthcare benefits to the insured members.

Individual Plans

Individual

'Beauty lies in the eyes of the beholder.' - Plato This is the reason you should protect your eyes at any cost. The eyes are one of the most sensitive...

Unique Features

  • Special Eyewear Coverage
  • Discounts on Premiums
  • Deductibles Available

Universal Sompo Eyewear Plan (Pros)

Universal Sompo Eyewear Plan
  • Fire and allied perils
  • Accidental Damage
  • Burglary including theft

Universal Sompo Eyewear Plan (Cons)

Universal Sompo Eyewear Plan
  • Damage due to mishandling
  • Defect in manufacturing
  • Replacement of the spectacles/lens

Universal Sompo Eyewear Plan (Other Benefits)

Universal Sompo Eyewear Plan
  • Spectacles
  • Lenses & Sunglasses cover
  • Cover within India & Abroad

Universal Sompo Eyewear Plan (Eligibility Criteria)

Universal Sompo Eyewear Plan
  • SI - 500 - 50000
  • Policy Term - 1 Year
  • Initial Waiting Period - Coverage from day 1
  • Plan Type - Individual/ Group

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

Universal Sompo Complete Healthcare Insurance is a comprehensive health insurance plan that takes care of your medical bills during the time of hospi...

Unique Features

  • Restoration Benefit
  • Second Medical Opinion
  • 3 Variants

Complete Healthcare Insurance (Pros)

Complete Healthcare Insurance
  • E-consultations
  • Second medical opinions
  • Vaccination
  • Daily hospital cash
  • Compassionate travel

Complete Healthcare Insurance (Cons)

Complete Healthcare Insurance
  • Maternity benefit
  • Newborn baby cover
  • IVF not covered
  • Global coverage

Complete Healthcare Insurance (Other Benefits)

Complete Healthcare Insurance
  • In-patient hospitalization
  • Pre & post-hospitalization
  • Daycare procedures
  • Domiciliary care

Complete Healthcare Insurance (Eligibility Criteria)

Complete Healthcare Insurance
  • Minimum: 18 years
  • Maximum: 75 years
  • SI - 1 - 10 L
  • Initial Waiting Period - 30 Days

Galaxy Health Insurance

Galaxy Health Insurance is an IRDAI-licensed standalone health insurer recently launched in March 2024. Galaxy Health Insurance aims to be a top contributor to the health insurance market in India. The company is the brainchild of the founder of Star Health Insurance, V Jagannathan along with the chairman emeritus of TVS Motors, Venu Srinivasan jointly.

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

Lock in your premium until age 55.  Galaxy Health Insurance Company is the new standalone company in the insurance market. Galaxy Prmise is the i...

Unique Features

  • Air Ambulance Cover
  • Room Rent Enhancement
  • Gala Fit Pro-Active Care

Galaxy Promise Health Plan (Pros)

Galaxy Promise Health Plan
  • Unlimited restoration of SI
  • No co-payment
  • Room rent enhancement

Galaxy Promise Health Plan (Cons)

Galaxy Promise Health Plan
  • Investigation and evaluation not covered
  • Dietry supplement
  • Unproven treatment
  • Alcoholism

Galaxy Promise Health Plan (Other Benefits)

Galaxy Promise Health Plan
  • Repatriation of mortal remains
  • Organ transplantation
  • Cashless everywhere

Galaxy Promise Health Plan (Eligibility Criteria)

Galaxy Promise Health Plan
  • Min. Entry Age: 16 Days
  • Max. Entry Age: 65 Years
  • Initial Waiting Period: 24 Months
  • Sum Insured: Up to 1 Cr

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.