Shriram Company vs Niva Bupa

  • 100+ top health insurance plans
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  • No medical check-ups required
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Overview

Shriram General Insurance, founded in 2006, is a joint venture between Shriram Group and Sanlam Limited. This leading Indian insurer offers comprehensive health plans with high sum insured and a 95,000+ healthcare provider network. Primarily focused on serving common people, they provide various personal and commercial insurance solutions.
COMPANY DETAILS Edit

Shriram Health Insurance Company

Edit

Niva Bupa

Number of health insurance plans
Sum insured

Sum Insured

Up to 3 Crore

Sum Insured

Up to 1 Cr
Claim ratio

Claim Ratio

86.86%

Claim Ratio

98%
Network hospitals

Network Hospital

13000+

Network Hospital

10000+
Solvency Ratio

Solvency Ratio

3.51

Solvency Ratio

3.03
Pan India Presence

Pan India Presence

537

Pan India Presence

320
Claim Form

Claim Form

Available

Claim Form

Available
Annual premium (company level)

Annual premium (company level)

123.17 Crore

Annual premium (company level)

6,762.23 Crore
Years in operation

Years in operation

2006

Years in operation

2008
24×7 claim support

24×7 claim support

No

24×7 claim support

Yes
IRDAI registration number

IRDAI registration number

137

IRDAI registration number

145
Claims settled within 3 months

Claims settled within 3 months

98.31

Claims settled within 3 months

92.4
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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 offers var...

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 expenses
  • 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

Niva Bupa Health Insurance

Individual and Family Health Insurance

The Niva Bupa ReAssure 3.0 health plan has made it easier than ever to guarantee lifetime protection for you and your family, with a coverage limit of...

Unique Features

  • Unlimited coverage
  • High flexibility
  • Global healthcare option

Niva Bupa Reassure 3.0 (Pros)

Niva Bupa Reassure 3.0
  • Unlimited Sum Insured
  • Day 1 Pre-Existing Disease Coverage
  • Automatic Sum Insured Restoration
  • No Co-payment Clause
  • Wide Network of Hospitals
  • Flexible Premium Payment Options

Niva Bupa Reassure 3.0 (Cons)

Niva Bupa Reassure 3.0
  • No Monthly Premium Payment Option
  • Higher Premiums for Older Policyholders
  • Customer Service Response Time

Niva Bupa Reassure 3.0 (Other Benefits)

Niva Bupa Reassure 3.0
  • No Claim Bonus / Claim-Free Rewards
  • Daycare & Advanced Procedures
  • AYUSH Treatments

Niva Bupa Reassure 3.0 (Eligibility Criteria)

Niva Bupa Reassure 3.0
  • Minimum entry age: 91 days and 18 years
  • Maximum entry age: 99 years for adults
  • Covers up to 6 members
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.