Shriram Company vs Galaxy Health

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Shriram Health Insurance Company vs Galaxy Health

Shriram Health Insurance Company

Shriram General Insurance, founded in 2006, is a joint venture between Shriram Group and Sanlam Limited. A leading Indian insurer, it offers comprehensive health plans with high sum insured and a 14,000+ hospital network. Primarily focused on serving common people, they provide various personal and commercial insurance solutions, supporting national growth.

Galaxy Health

Galaxy Health Insurance Company Limited, licensed by IRDAI in March 2024, is a new standalone health insurer in India. It& 039;s a joint venture backed by the TVS family and Shri V. Jagannathan, founder of Star Health. Focusing exclusively on health insurance, Galaxy offers comprehensive plans like "Galaxy Promise" with diverse sum insured options and aims to simplify healthcare access with over 3,216 cashless network hospitals. They emphasize innovation, planning to launch a new product monthly, and offer unique features like fixed premiums until age 55 or a claim, alongside wellness programs.

COMPANY DETAILS Edit

Shriram Health Insurance Company

Edit

Galaxy Health

Number of health insurance plans
Sum insured

Sum Insured

Up to 3 Crore

Sum Insured

Up to 1 Crore
Claim ratio

Claim Ratio

86.86%

Claim Ratio

N/A%
Network hospitals

Network Hospital

13000+

Network Hospital

-
Solvency Ratio

Solvency Ratio

4.91%

Solvency Ratio

N/A
Pan India Presence

Pan India Presence

-

Pan India Presence

N/A
Claim Form

Claim Form

Available

Claim Form

-

Know More About Companies

Overview

Shriram General Insurance, founded in 2006, is a joint venture between Shriram Group and Sanlam Limited. A leading Indian insurer, it offers comprehensive health plans with high sum insured and a 14,000+ hospital network. Primarily focused on serving common people, they provide various personal and commercial insurance solutions, supporting national growth.

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Shriram Health Insurance

Individual and Family Health Insurance

Shriram General Health Insurance has launched its first-ever indemnity health plan, Shri Health Suraksha Insurance. This comprehensive plan promises t...

Unique Features

  • Comprehensive Coverage
  • Multiple Sum Insured
  • Benefits

Shri Health Suraksha Plan (Pros)

Shri Health Suraksha Plan
  • Multiple sum insured
  • Family cover
  • Ambulance cover

Shri Health Suraksha Plan (Cons)

Shri Health Suraksha Plan
  • Illegal activities
  • Obesity treatments
  • HIV
  • Adventure sports

Shri Health Suraksha Plan (Other Benefits)

Shri Health Suraksha Plan
  • ICU fees
  • doctor fees
  • Blood and oxygen espenses
  • Tax Benefits

Shri Health Suraksha Plan (Eligibility Criteria)

Shri Health Suraksha Plan
  • Min entry age: NA
  • Max Entry age: NA
  • Sum Insured: Multiple
  • Waiting Period: 30 days

Galaxy Health Insurance

Individual and Family Health Insurance

Lock in your premium until age 55.  Galaxy Health Insurance Company is the new standalone company in the insurance market. Galaxy Prmise is the i...

Unique Features

  • Air Ambulance Cover
  • Room Rent Enhancement
  • Gala Fit Pro-Active Care

Galaxy Promise Health Plan (Pros)

Galaxy Promise Health Plan
  • Unlimited restoration of SI
  • No co-payment
  • Room rent enhancement

Galaxy Promise Health Plan (Cons)

Galaxy Promise Health Plan
  • Investigation and evaluation not covered
  • Dietry supplement
  • Unproven treatment
  • Alcoholism

Galaxy Promise Health Plan (Other Benefits)

Galaxy Promise Health Plan
  • Repatriation of mortal remains
  • Organ transplantation
  • Cashless everywhere

Galaxy Promise Health Plan (Eligibility Criteria)

Galaxy Promise Health Plan
  • Min. Entry Age: 16 Days
  • Max. Entry Age: 65 Years
  • Initial Waiting Period: 24 Months
  • Sum Insured: Up to 1 Cr

Top Up and Super Top Up

Galaxy Top-up plan by Galaxy Health Insurance Company is the top-up health insurance plan. In today's landscape of escalating healthcare costs, securi...

Unique Features

  • Get exciting discounts
  • Digital ICU coverage
  • Gala Fit benefit

Galaxy Top-up Health Insurance Plan (Pros)

Galaxy Top-up Health Insurance Plan
  • Family coverage
  • Flexibility in deductible
  • Digital ICU coverage

Galaxy Top-up Health Insurance Plan (Cons)

Galaxy Top-up Health Insurance Plan
  • Investigation and evaluation
  • Cosmetic surgery
  • Unproven treatments

Galaxy Top-up Health Insurance Plan (Other Benefits)

Galaxy Top-up Health Insurance Plan
  • Nanotechnology covered
  • Modern treatment
  • Delivery expenses covered

Galaxy Top-up Health Insurance Plan (Eligibility Criteria)

Galaxy Top-up Health Insurance Plan
  • Entry age - 18 years
  • Max entry age - 65 years
  • SI - INR 5 L to 2 Cr
  • Waiting Period - 30 days
Raj Kumar

Reviewed By: Raj Kumar

With over 12 years of rich experience in the BFSI domain, with a specialisation in Life and Health Insurance, I have played a pivotal role in simplifying the insurance-buying process and delivering unparalleled service.