Universal Sompo General Insurance unveils eyewear insurance

Universal Sompo General Insurance Company has introduced an eyewear insurance cover, which will aid the increasing demand for eyewear protection in today’s digital era. The comprehensive insurance plan covers loss or damage from fire and allied perils, accidental loss or damage, burglary, and theft for eyewear, including spectacles, lenses, sunglasses, and blue filter glasses.

Universal Sompo General Insurance eyewear insurance: Key Features

• Worldwide coverage with theft protection: The worldwide coverage includes theft protection.

• Flexible differential excess and claim settlement: Differentiating itself with flexibility in differential excess and claim settlement types.

• Group and individual options: Available as a group platform and individual sachet product, it caters to diverse needs.

This insurance accommodates both individuals and groups, offering options for both employer-employee and non-employer-employee relationships, with a policy duration of up to one year. 

The customers will have the flexibility to customize coverage based on preferences or invoice value, ensuring a cost-effective plan featuring unique elements such as differential excess and claim settlement types. 

It caters to a wide spectrum — from Rs 500 to Rs 50,000 — and the premiums are structured to provide affordable protection.

For eyewear valued up to Rs 10,000, the brand says the comprehensive coverage comes at a premium of Rs 100.