Oriental General Insurance provides a range of non-life insurance products which customers can purchase online as well as offline. These plans form an integral part of financial planning, as they help compensate the loss related to various risks in life.
Types of Oriental Insurance Plans
The various types of insurance plans offered by the company are:
- Oriental Health Insurance
- Oriental Personal Accident Insurance
- Oriental Travel Insurance
- Oriental Home Insurance
- Oriental Car Insurance
- Oriental Two Wheeler Insurance
- Oriental Commercial Vehicle Insurance
- Oriental Liability Insurance Policy
Documents Required to Buy Plans
- Address Proof (Voter ID, PAN, Passport, Driving License, Ration Card, Utility Bill etc.)
- Age Proof (Birth Certificate, PAN, Voter ID, Driving License)
- Photo Identity Proof (Aadhar, PAN, Voter ID, Passport, etc.)
- Passport size Photograph
- Bank Account Proof (Cancelled Cheque, Bank Statement)
- Income Proof (ITR Details, Employer’s Certificate)
- Medical Reports
Oriental Insurance Plans
The company has an array of products. Each product is categorised in a manner to cater to the needs of its diverse customer base. Here is the list of insurance policies provided by the Oriental Insurance Company:
Oriental Health Insurance
These plans help a policyholder pay the expenses during medical emergencies. The plans available under Oriental Health Insurance are:
|Names of Plans||Entry Age||Sum Insured (Min)||Features|
|Individual Mediclaim Policy||18-65 years||Rs.1 lakh|
|Happy Family Floater Policy||91 days- 65 years||Rs.2 lakh|
|Group Mediclaim Policy||3 months- 75 years||Rs.2 lakh|
|OBC- Oriental Mediclaim Policy||18-79 years||Rs.1 lakh|
|PNB Oriental Royal Mediclaim- 2017||18-79 years||Rs.1 lakh|
|Jan Arogya Bima Policy||5-70 years||Rs.5,000|
|Health of Privileged Elders (HOPE) Policy||Rs.1 lakh||Rs.1 lakh|
Oriental Personal Accident Insurance
It is hard to predict accidents. Mishaps can happen to anyone any time. They not only affect the person physically, but break him or her emotionally and financially too. Hence, it is important to have a personal accident insurance. This insurance option covers the physical injuries and death of the policy holder. Here are the schemes available from Oriental:
- Oriental Personal Accident: It provides compensation to the policyholder in the event of a severe injury that may later result in disablement (temporary or permanent) or death. An insured can also avail additional benefits like children education fund, cumulative bonus, etc. with this policy.
- Oriental Gramin Accident Insurance: As the name suggests, the policy is to cover accidents in rural areas. An insured or the nominee gets the compensation in case of disablement, loss of eyesight/limbs or death due to the accident. To avail the benefits of this policy, the age of the policyholder should be 10-70 years.
- Oriental Jan Arogya Bima: This scheme is for people between 5-70 years of age and intends to provide them with hospitalisation and domiciliary hospitalisation/medical expenses. The premium amount is Rs. 50 for the dependent child (age should be below 25 years) and Rs. 70 for adults. Benefits of this scheme are up to Rs. 5,000 per person annually and without any sub-limit.
- Oriental Janata Personal Accident Insurance Policy: This policy reimburses the policyholder and his or her family in case of permanent disablement, death, etc. due to an accident.
- Oriental Nagrik Suraksha Insurance Policy: It covers accidental injuries and compensates for medical expenses. All Indian residents can avail the benefits of this policy; however, the age of the applicant should be between 5-70 years for the Family Package and 18-70 years for the Individual Package.
- Oriental Group Personal Accident Insurance Policy: It is the best option to avail benefits of a health insurance. This plan reimburses if any insured group member is injured or dies due to an accident.
- Oriental Personal Accident Insurance Policy (Individual): This policy provides protection against any sort of injury, disablement (temporary or permanent) or death because of an accident.
Oriental Travel Insurance
Travel insurance is more than a necessity at present. Oriental travel insurance policies are versatile and offer a number of benefits too. The following are the policies provided by the company:
- Oriental Overseas Mediclaim Business and Holiday Insurance Policy: This policy is offered by the company to cover the medical expenses incurred during overseas travel. To avail the benefits, it is necessary that the condition is an emergency and needs immediate medical attention. The policy covers all Indians undertaking foreign trips for official reasons or business purpose or for holidays. The range of sum insured amount is Rs. 50,000 to Rs. 5 lakh.
- Oriental Overseas Mediclaim Employment and Study Insurance Policy: This plan covers medical expenses incurred during travel for study abroad or employment. The minimum time period for the cover is 2 months and the maximum cover is 12 months. The premium can only be paid in US dollars, no matter which country you have visited. Also, the policy can be renewed, if needed.
Oriental Home Insurance
Buying a house is undeniably the biggest investment one can ever make in his/her life. So, it is important to protect this investment as much as possible from the unpredictable damages (man-made and natural). And Oriental Home Insurance is the best and an easy way of doing so. This plan gives a home complete protection including its belongings.
Oriental Car Insurance
Theft and accident are issues that every car owner should insure against. This policy is designed to take care of your car and make every ride stress-free by providing comprehensive cover against any sort of accidental damage and theft.
Oriental Two Wheeler Insurance
Oriental Insurance Two Wheeler provides coverage to two-wheelers against natural and manmade calamities. The cost of this policy is nominal. However, it can be reduced if the vehicle owner installs any anti-theft equipment such as GPS tracker to his or her two-wheeler.
Oriental Commercial Vehicle Insurance
Businesses usually own commercial vehicles, and these vehicles must be insured as per the rules and regulations. This policy covers the commercial vehicles carrying passengers, goods, etc. You can contact the Oriental Insurance customer care to know more about the policy and others mentioned in this page.
Oriental Liability Insurance Policies
These policies are crafted to protect the policyholder against any sort of liability that may take place in his or her business. Here are the liability policies offered by Oriental Insurance:
- Directors and Officers Liability Policy
- Stock Brokers Indemnity Insurance Policy
- Sports Insurance Policy
- Professional Negligence Policy for Doctors and Medical Practitioners
- Professional Negligence Errors and Omissions Insurance Policy for Medical Establishment
- Professional Indemnity Errors and Omissions Insurance Policy for Consulting Engineers, Architects and Interior Decorators
- Professional Indemnity Errors and Omissions Insurance for Chartered Accountants, Financial Accountants, Advocates, Lawyers, Management Consultants, Counsels and Solicitors
How to Buy Oriental Insurance Online
Before buying a policy, it is important to compare it with other similar options. For this, you can use various online tools such as Oriental insurance premium calculator to compare the plans online. Once you are done with the comparison, you can follow the below steps:
- Visit the website/portal of Oriental Insurance Company
- Select your preferred plan from the ‘Buy Online’ option
- Now, fill up the form displayed on the screen and submit it
You can download the Oriental Insurance apps to buy the policy or simply step out to the closest branch office to understand and buy the policy. However, do not forget to prioritise your needs to find the best policy.
For any claims under Oriental General Insurance, customers are required to visit the nearest branch office of Oriental Insurance Company along with all the relevant documents to get the claims processed. After successful verification of all the documents, insurer will credit the claim amount to policyholder’s bank account.
Exclusions under Oriental Insurance
Mentioned below are points which are not covered under Oriental General Insurance plans:
- Suicide or attempt to suicide
- Pre-existing diseases
- Treatment from acts of war, riots etc.
- Driving without a valid driving license
- Loss due to depreciation
- Mechanical or electrical breakdown
Time Taken to Settle Claims
Oriental general insurance comes with good claim settlement ratio for which, any related claims can be settled as early as possible from the date of receipt of last necessary submitted documents. Also, claims may get delayed or rejected if any of the fraudulent activity involved is found.
A policyholder can renew his or her policy online. Be it health, home or car insurance, a customer can renew it with the following easy steps:
- Browse through the official portal of the company
- On the homepage of the website, you will find a tab named ‘RENEW’
- Once you clicked on the option, you will get two choices – Renewal of OICL Policy and Renewal of Non-OICL Policy
- Select the suitable option to proceed further
- Fill out all the requested details of your policy before moving to the ‘Premium Payment Option’
Now, choose your preferred payment mode to complete the process of Oriental Insurance renewal.
Advantages of Buying Oriental Insurance Plans
Some of the advantages of buying Oriental Insurance plans are mentioned below:
- Affordable premium amount
- Easy claim settlement
- Hassle-free premium paying terms
- Tax Benefits
- Coverage for hospitalization expenses
- Cover for travel insurance
- Coverage for Home Insurance
- Wide range of plans
Customer Care Details
Call: 1800118485 (toll-free) & 011-33208485
Customer Service Department
4th Floor, Agarwal House
Asaf Ali Road,
Q. What is meant by ‘Family Package’ in Oriental Nagrik Suraksha Insurance Policy?
A. Here, Family Package means that the policy will cover the entire family, including the policyholder, spouse, children, parents and parents-in-law.
Q. What are the events covered under the Personal Accident Insurance?
A. The policy covers the following events or accidents:
- Road, rail and air accidents
- Bursting of the gas cylinder
- Any fall or collision
- Dog and snake bites
- Poisoning, drowning and burn injuries
One notable point is that this is just an illustrative list of accidents. For an exhaustive list, you should contact the service provider or visit the nearest branch.
Q. What are the features of Home Insurance?
A. The policy boasts the following special features:
- Household contents/belongings are covered on the First Loss Basis against fire and related perils, theft and damage, etc.
- There is no need to provide a household list
- Personal Accident cover is also available but on a Floater basis
Q. Is it possible to renew the motor insurance at the different location?
A. Yes, it is possible now. You need to fill out a new/fresh proposal form. Depending on the current situation, you may also have to visit the branch office to complete the formalities.
Q. What if the insured lost his or her insurance policy?
A. In such a case, he or she can approach the same branch office to issue a duplicate copy. The request should be in writing. The charges for the duplicate copy of insurance policy are nominal.
Q. What documents will be needed to claim the accidental insurance after the unforeseen death of the insured?
A. As per the company, you will have to submit the following documents:
- FIR or Police Report
- Post-Mortem Report
- Report of Hospital or Doctor or Nursing Home
- Death Certificate
- Departmental Inquiry Report (if any)
Q. What is Cumulative Bonus?
A. A cumulative bonus is the additional benefit given by the company to the insured. If the policyholders do not claim anything during the expiring policy, he or she will be entitled to get a 5% cumulative bonus for such claims. This range can go up to 50%. More cumulative bonus means more benefits.