Thursday, Mar 28 2024 | Time 14:35 Hrs(IST)
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Business Economy


Universal Sompo's discount on annual premium

Mumbai, Aug 12 (UNI) To raise awareness about organ donation, Universal Sompo General Insurance Co has announced a 2.5 per cent reduction on the yearly premium for its Complete Healthcare Plan.
Furthermore, for policyholders who have subscribed to the plan, the insurer would pay all medical expenses for an organ donor’s treatment for harvesting of the organ donated up to the sum assured in the policy.
World Organ Donation Day is observed on August 13. Universal Sompo's actions aim to raise awareness and eradicate any stigma associated with the process of organ donation.
Sharad Mathur, Managing Director and CEO at Universal Sompo, said: “One person can save up to eight lives of those suffering from chronic illness by pledging to donate their heart, kidney, pancreas, lungs, liver, intestines, hands, face, tissues, bone marrow and stem cells.
"Organ donation is possible for people of all ages. If a donor is under the age of 18, they must acquire consent from their parents or legal guardians before registering as an organ donor. Almost all insurers cover organ donation expenditures in their health insurance policies, especially since organ transplants are becoming more prevalent in the country."
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