Shriram General Insurance launches Shri Health Suraksha 2.0 health insurance plan

Shriram General Insurance Company has announced the launch of Shri Health Suraksha 2.0, a health insurance suite designed to provide flexibility and coverage for policyholders. The indemnity plan removes caps on room charges and introduces an unlimited restoration benefit within a policy year.

The policy includes a cumulative bonus structure and covers ambulance and air ambulance expenses up to the sum insured selected by the policyholder. According to the company, the plan also integrates coverage for medical procedures and AYUSH treatments.

Shri Health Suraksha 2.0 is structured with a no co-payment system and includes coverage for medical consumables. The company stated that the policy structure aims to reduce out-of-pocket payments during treatment.

The plan introduces an unlimited restoration benefit, which restores the sum insured an unlimited number of times within a policy year. The cumulative bonus provision allows the base sum insured to increase up to 250 per cent for claim-free years.

The policy removes room rent capping for room and ICU charges. It also includes a zero co-payment structure where the insurer covers the admissible claim amount without mandatory cost-sharing by the insured. The plan includes coverage for ambulance and air ambulance expenses up to the selected sum insured along with coverage for medical consumables.

Anil Aggarwal, Managing Director and Chief Executive Officer of Shriram General Insurance, said, “Shri Health Suraksha 2.0 represents a strategic leap in our retail health portfolio. We have intentionally stripped away common industry restrictions like room rent caps and co-pays to provide a product that is truly dependable. Our goal is to ensure families remain financially resilient even as medical inflation continues to climb.”