Benefits of United India Health Insurance
Incorporated in 1938 & nationalised in 1972, United India Insurance Company has become one of the most trustworthy public sector general insurers in the country. Wholly owned by the Government of India, United India Insurance Company was formerly a subsidiary of the General Insurance Corporation of India (GIC). It was when according to the IRDA Act 1999, GIC turned into a reinsurance company, that its four subsidiaries, namely National Insurance, Oriental Insurance, New India Assurance, and United India Insurance got autonomy. The United India Insurance Company Limited was formed as the result of the joining together of 12 Indian Insurance Companies, 5 foreign insurance companies, 4 cooperative insurance societies as well as southern region general insurance operations of LIC India.
United India Insurance, at the present time, offers a variegated range of insurance policies for both, individuals as well as businesses. Providing the best cover at the most affordable price is what United India Insurance aims to deliver to its customers. Whether business insurance, car insurance or travel insurance, the general insurer leaves no stone unturned in providing first-rate customer service. The same goes with health insurance.
United India Insurance, through its reliable health insurance policies, has garnered a vast customer base across the nation. With presence over 2248 location in India, the general insurers works dedicatedly towards its mission of providing insurance protection, superior customer satisfaction, minimising national waste, and helping in the development of Indian economy. Policies like Individual Health Insurance, Family Medicare Policy, UNI Criticare Health Insurance, Senior Citizen Policy, Top Up Medicare Policy with superior benefits and features help the insurer achieve targets with much efficiency.
Additional Benefit of Free Health Check upOn choosing United India Insurance’s health insurance policy, you get the benefit of a free medical check-up. Note that the free medical check-up benefit is provided once at the end of every three underwriting years given that no claims are reported during the block and subject to renewal of health insurance policy without any break. The limit applicable is 1% of the average Sum Insured during the preceding three policy periods.
Additional Protection over Employer CoverageGroup health insurance plans offered by employers are often considered enough in terms of health insurance coverage. What most people don’t understand is that these plans fail to provide the desired financial support in case of medical emergency. By investing in an additional protection from United India Insurance, policyholders not only ensure financial stability in a crucial time, but also enhance their existing group health cover without paying a huge premium.
Cashless BenefitUnited India Insurance’s health insurance policies allow policyholders to avail cashless treatment during a medical emergency. The benefit helps policyholders focus on the treatment rather than worry about paying huge medical bills at a time when they cannot afford. An end to financial stress, cashless benefit option has the alternative of reimbursement, under which the policyholders can avail reimbursement of medical bills for a medical treatment at a network hospital.
Claim Settement RatioClaim Settlement Ratio or CSR is the ratio of the claims settled by the insurer against the total number of claims presented on it in one financial year. United India Insurance has a 80.69%* CSR for the year ended March 31, 2018. *The claim settlement ratio change from time to time. A great CSR showcases that the company settles most of its claims, which in turn enhances trust of potential customers.
Coverage against Medical ExpensesUnited India health insurance plans offers an extensive coverage, be it to an individual or an entire family. When a policyholder invests in a United India health insurance policy, they gain coverage for expenses like inpatient treatment, pre-hospitalisation, post hospitalisation, day care treatments, ambulance cover, multiple others, which increase the overall medical bill amount in a drastic way.
Incurred Claim RatioIncurred Claim Ratio or ICR measures the earned premium, which is spent in paying claims. United India Insurance’s ICR for the financial year 2018-19 was 110.95%*. The ratio indicates the overall value of every claim the company has paid divided by the total sum of premium collected during the same period. *The incurred claim ratio change from time to time.
Tax BenefitPremiums paid for self, spouse, dependent children and dependent parents are exempt from Income Tax under Section 80D of the IT act as per rules in force.
United India Health Insurance Plan List
|Name of Plan||Sum Insured|
|Individual Health Insurance PolicyMin: 91 Days; Max: 65 Years||2 Lakh||Get Quotes Now|
|Senior Citizen Health Insurance Policy Min: 61 Years; Max: 80 Years||1 Lakh||Get Quotes Now|
|UNI Criticare PolicyMin: 21 Years; Max: 65 Years||1 Lakh||Get Quotes Now|
|Family Medicare PolicyMin: 3 Months; Max: 80 Years||2 Lakh||Get Quotes Now|
|Arogya Sanjeevani PolicyMin: 3 months; Max: 65 years||1 Lakh - 5 Lakh||Get Quotes Now|
|Corona Kavach PolicyMin: 1 day; Max: 65 years||50,000 - 5 lakh||Get Quotes Now|
United India Health Insurance User Reviews
Choose United India Insurance Plan for
United India Health Insurance FAQs
Why should I buy a health insurance policy from United India Insurance?
United India Insurance is a great option for buying a health insurance policy. Successfully catering to the variegated insurance needs of customers for the past few decades, United India Insurance offers affordable, wide coverage health insurance policies that provide added financial protection at the time of a medical emergency. By investing in United India health insurance, you can ensure financial stability at a time you may need it the most.
How to apply for and buy United India health insurance policy?
What are the health insurance policies offered by United India Insurance?
Health insurance policies offered by United India Insurance include Individual Health Insurance, Family Medicare Policy, UNI Criticare Health Insurance, Senior Citizen Policy, Top Up Medicare Policy, etc.
Does United India Insurance provide critical illness cover?
Yes! UNI Criticare Health Insurance is the critical illness policy you can opt for to get covered for critical illnesses.
What is the Claim Settlement Ratio of United India Insurance?
The claim settlement ratio of United India Insurance for the year ended March 31, 2018 is 80.69%.
Latest Health Articles
- Health Insurers Witnessing Record Number of Claims...
The number of claims reported by the policyholders on accoun...28 August 2020
- Difference Between Corona Kavach and Corona Raksha...
COVID-19 Health Plans: You must know the difference between ...20 August 2020
- 8 Major Reasons Why Reviewing Health Insurance is ...
Reviewing health insurance on a regular basis is crucial. Re...17 August 2020
- Can NRIs Buy Health Insurance For Their Parents Li...
Can NRIs (Non Resident Indians) buy health insurance in Indi...21 July 2020
- Who is More Likely To Get Coronavirus Disease
Who is more prone to get the COVID-19. People suffering from...13 June 2020