Youtube Facebook Instagram Twitter Linkedin

Personal Banking

Last Updated on: 05/05/2023


We have tie up arrangement with Four insurance partners to offer you comprehensive health insurance product customized to catter your Health care needs:

Universal Sompo General Insurance Company

USGIC: IOB Health Care Policy

The Universal Sompo IOB Health Care Policy is basically a complete health insurance plan, which is exclusively offered for the customers of IOB

  • The product is customized for the customers of IOB.
  • The Universal Sompo IOB Health Care Policy is basically a complete health insurance plan, which covers you, your spouse and your two dependent children.
  • The policy offers medical treatments in India The policy renders hospitalization expenses in case of the following incidents:
  • Sudden illness
  • Any surgery that is required for a certain disease that comes under this policy
  • Accidental injuries

Key Features

  • Universal Sompo IOB Health Care Policy offers the following features to the insured person:
  • Entire family of the account holder is covered under this Floater policy. Member of family, like spouse and two dependent children are included. At the inception for additional premium, dependent parents of account holder can be insured or covered under this policy.
  • Coverage amount ranges from Rs. 50000 to Rs. 5 lakh.
  • Pre-existing diseases do not come under the coverage of Universal Sompo IOB Health Care Policy. However, there is a provision of including pre-existing disease under the coverage of this policy. If the person continues four claim-free consecutive years, then pre-existing disease will also be covered under this policy. Note: The disease should be from the list of covered diseases by this insurance policy.
  • Health check up cost is offered at 1% rate to the total insured sum, only after completing 3 consecutive years of claim free policy holding.
  • Maternity Benefits and Baby Care Expenses: Under Universal Sompo IOB Health Care Policy , maternity benefits and baby care experiences are covered up to the amount of 5% of the total insured. The benefit is valid only after 9 months from the starting date of policy.

Niva Bupa Health Insurance Co. Ltd.

Niva Bupa Health Insurance Co. Ltd. offers various Group & Retail Standalone Health Insurance Products:

SBI General Insurance Company

SBI General Offer various types of health insurance plans keeping in mind the specific requirements of customers. Here is a look at the salient features of these health insurance plans: