Universal Sompo General Insurance Company Limited is a joint venture between Indian banks – Allahabad Bank, Karnataka Banka and Indian Overseas Bank, an Indian investment company, Dabur Investments and a Japanese insurance company, the Sompo Japan Insurance Company. Universal Sompo has its headquarters at Mumbai. The Sompo Japan Nipponkoa Insurance Inc. is a leading Japanese insurance provider and is the largest property and casual insurance company in the country of Japan. Universal Sompo is a rapidly growing insurance provider in India. It started operations in India in the year 2007 when it received its Licence and Certificate of Registration from the Indian Regulatory and Development Authority (IRDA). In case of Health Insurance, the company offers a range of plans that are designed to meet all the requirements of the individual. Advantages of availing health insurance plans from Universal Sompo The organization of Universal Sompo focuses on quality, customer relationships and the providing comprehensive health insurance across all segments of society in the country. Today the organization is among the preferred brands in the insurance industry in the country. Universal Sompo offers simple scalable health insurance plans that are robust and appropriate for all levels of income. Below are the advantages of buying health insurance plans from Universal Sompo: There is cashless hospitalization all over the country at a network of hospitals Pre and post hospitalization expenses are covered Tax benefit is provided under section 80D Day care procedures are covered with selects plans There is a free look-in period of 15 days Portability is allowed