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Universal Sompo General Insurance Company Limited

Universal Sompo Saral Suraksha Bima

IRDAI-MANDATED standardized Personal Accident plan. Covers Accidental Death (AD), Permanent Total Disability (PTD), Permanent Partial Disability (PPD), and optional Temporary Total Disability (TTD).

UIN USGPAIP21399V012021We don't sell this — we'll still recommend if it fits

The dealbreaker fields

Max cover

₹1 cr

Claim settlement (CSR)

96%

PED waiting

0 months

Specific disease wait

0 months

Mandatory co-pay

0%

Room rent prop. ded.

No

Pre / post hosp.

Network hospitals

Free look

15 days

What this plan does well

  • IRDAI-MANDATED standardized Personal Accident policy
  • 100% SI for Accidental Death + PTD
  • PPD per IRDAI standardized table
  • Optional Temporary Total Disability cover
  • Education Grant 10% SI per dependent child (max 2) — DEALBREAKER ADVANTAGE
  • Funeral Expenses + Repatriation: 1% SI or ₹5,000
  • Universal Sompo — Sompo Japan Nipponkoa + Indian Bank + Karnataka Bank + Allahabad Bank JV

Watch out for

  • Personal Accident ONLY — does NOT cover illness/hospitalisation
  • Single-year term only (1 year)
  • No restoration / CB / OPD / maternity
  • Funeral cap ₹5,000 (low)
  • Standardized across all insurers — no insurer differentiation
  • Mental illness explicitly excluded
  • Universal insurer with CSR ~96.0%

Is this the right plan for you?

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We don't directly sell this plan today. If our verdict says this is your best fit, we'll point you to a broker who does — and tell you our paired listed alternative so you can decide.