Universal Health Insurance Scheme is basically meant for improving the access of health care to poor families. The scheme provides for reimbursement of medical expenses up to Rs. 30,000/- towards hospitalization floated amongst the entire family, death cover due to an accident @ Rs. 25,000/- to the earning head of the family and compensation due to loss of earning of the earning member @ Rs. 50/- per day up to maximum of 15 days. The Universal Health Insurance Scheme (UHIS) has been redesigned targeting only the BPL families. The premium subsidy has been enhanced from Rs. 100 to Rs. 200 for an individual, Rs. 300 for a family of five and Rs. 400 for a family of seven, without any reduction in benefits.
Insurance Encyclopedia
Universal life (Life Insurance)
A policy offering flexible premiums. The policyholder selects the amount of premium he or she wishes to pay and the benefits are then purchased in that amount.
Universal life insurance
Type of whole life insurance with flexible premiums, adjustable protection, and company expenses disclosed in the policy to the purchaser. They are separated so that each can be analyzed for premium rates and cash value. Also called unbundled life insurance .
Universal mercantile system (Property Insurance)
A process largely being replaced by a newly developed system to rate property insurance risks.
Universal Postal Union
Organization which negotiates international mail charges.
Universal precautions
Protective safety measures used by medical personnel to avoid and minimize infection when exposed to bloodborne pathogens, infectious materials, and viruses.
universal resource locator (URL)
String of characters that identifies the location of a document on the Internet (World Wide Web).
Unlawful Assembly
Section 141: An assembly of five or more persons is designated an “unlawful assembly,” if the common object of the persons composing that assembly is (i) To overawe by criminal force, or show of criminal force, the central or any State Government or Parliament or the Legislature of any State, or any public servant in the exercise of the lawful power of such public servant, or (ii) To resist the execution of any law, or of any legal process, or (iii) To commit any mischief or criminal trespass, or other offence, or (iv) By means of criminal force, or show of criminal force, to any person to take or obtain possession of any property or to deprive any person of the enjoyment of a right of way, or the use of water or other incorporeal right of which he is in possession or enjoyment, or to enforce any right or supposed right, or (v) By means of criminal force, or show of criminal force, to compel any person to do what he is not legally bound to do, or omit to do what he is legally entitled to do. An assembly which was not unlawful when it assembled, may subsequently become an unlawful assembly.
Unless Caused By
A Marine Cargo insurance may provide that a franchise shall apply unless a loss is caused by the vessel and/or craft being stranded, sunk, on fire, in collision and/or contract with any substance, including ice but excluding water.
Unless General
Term used in a Marine insurance policy to make it clear that the franchise does not apply to general average.