United India Insurance Company 
Claim Settlement Ratio 78.03%
Renewability 100%
Claim Settlement Facility 100%
COVID-19 Cover Yes
Network Hospitals 7000
Incurred Claim Ratio 110.51%
United India insurance company was incorporated on 18th Feb, 1938. During the nationalization of general insurance business in India in the year 1972, 12 Indian insurance companies, 4 co-operative insurance societies, 5 foregin company’s Indian operations, Life insurance coropration’s southern region of life insurance business were all merged with the United India insurance company. After the nationalization and subsequent mergers of other insurance companies with United India insurance, it became a state owned general insurance company. The United India insurance company has a wide variety of insurance products such as Car insurance, Motor insurance, Commercial vehicle insurance , Construction equipment insurance, Marine insurance, Aviation insurance, Health insurance, Personal accident insurance, Engineering insurance etc.
Any person aged between 18 years and 65 years can take the policy. The policy can be taken on an individual or family floater basis. Beyond 65 years, only renewals without any break are allowed.
If during the policy period the sum insured is exhausted due to a single or multiple claims then the company would restore the entire sum insured up to 100% of the basic sum insured. The reinstatement would be done automatically and instantly on the exhaustion of the basic sum insured under the policy. The restoration of sum insured would be done only once during the policy period. The restored sum insured under the policy cannot be utilized for the illness or diseases for which the base sum insured is already utilized. For members above 60 years of age copay of 10% would be applicable on the admissible claim amount. The reinstated sum insured which is unutilized cannot be carried forward to the next policy period as the reinstated sum insured would be valid only for the policy period it was provided.
United India health insurance policies offer tax benefits under the Section 80D of the income tax act.
Co-payment: The premium under the United India health insurance can be reduced by opting for the copayment. There would be voluntary copay and compulsory copay under the policy. The voluntary copay can reduce the premium payment by the insured customer. Higher the level of copay, lower would be the premium to be paid under the health insurance policy.
United India health insurance preferred partner network list for different locations can be downloaded from here.
The United India health insurance policy has a waiting period of 90 days from the inception of the policy and the claim would be admissible only after the waiting period under the policy.
