Oriental Insurance Company Limited is an Indian public sector general insurance company which was shaped into a legal company in 1947 at Mumbai. Oriental Insurance Company has its headquarters in New Delhi. Oriental Insurance was previously a wholly-owned subsidiary of Oriental Government Security Life Assurance Company Limited and later the company was formed to deliver and meet the requirements of General Insurance business in India. The vision of Oriental Insurance Company is “To be the most respected & preferred Non-Life Insurer in the markets we operate. Some of the interesting facts about the company are:
Oriental Insurance Company Insurance Plans can be mainly categorized into the following:
Oriental Insurance has an expanded collection under Health Insurance. The main purpose of Oriental Health Insurance is to ensure that insured is protected from the ever-rising medical expenditures since the health insurance plans cover practically all the medical expenditures of an insured person based on the type of plan chosen by the proposer. The company provides health insurance plans for everyone in India be it Individual, Senior Citizen or Group. We will study the various Health Insurance Plans that are offered by the company which are namely:
Oriental Insurance covers the medical expenditures of an individual insured person subsequent to hospitalization. This health insurance plan provides complete coverage against various illnesses and injuries, for example, an unexpected illness, any surgery for an ailment, accidental injury, etc.
The features of the plan are as follows:
Eligibility of Oriental Insurance Individual Mediclaim Policy:
Entry age |
18 years to 65 years, can be extended to 70 years with certain terms. |
Sum assured |
INR 50000 lakhs to INR 5 Lakhs |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
Oriental InsuranceHappy Family Floater Policy is a Mediclaim policy that protects the total family under a single plan or Sum Insured with widespread medical coverage. The plan is obtainable in three plans namely, Silver, Gold & Diamond and is available online as well.
The features of the plan are as follows:
Eligibility of Oriental Insurance Happy Family Floater Policy
Entry age |
18 years to 65 years, can be extended to 70 years with certain terms. |
Sum assured |
INR 2 lakhs to INR 20 Lakhs |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
This plan has been specially designed for senior citizens keeping in mind their old age and subsequent medical expenses which one might have to incur to maintain a healthy life.
The features of the plan are as follows:
Eligibility of Oriental Health of Privileged Elders Policy (HOPE):
Entry age |
Above 60 years |
Sum assured |
INR 1 lakhs to INR 5 Lakhs |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
Oriental InsuranceOverseas Mediclaim Plan is a protection plan for those who are an arrangement for a trip abroad and wants an all-inclusive coverage.
The features of the plan are as follows:
Eligibility of Oriental Overseas Mediclaim Policy:
Entry age |
All |
Sum assured |
INR 50000 to INR 5 Lakhs |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
This is one of the most popular and effective Oriental Insurance plans. Janata Personal Accident Policy gives coverage to any citizen of India irrespective of age, sex and occupation falling under a particular age category. The plan offers Personal Accident cover which includes Death/Permanent Total Disablement, Loss of Limb(s) and Permanent Partial Disablement and compensation of Hospitalization expenditures as mentioned under the schedule of insurance of the policy and is available only to the citizen of India. This is an inexpensively priced insurance plan that can be afforded by everyone. The features of the plan are as follows:
Scope of Cover is as below:
Eligibility of Oriental Janata Personal Accident Policy
Entry age |
10 years to 80 years |
Sum assured |
INR 25000 to INR 5 Lakhs |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
Oriental Insurance covers the medical expenditures of an individual insured person subsequent to hospitalization. This health insurance plan provides complete coverage against various illnesses and injuries, for example, an unexpected illness, any surgery for an ailment, accidental injury, etc.
The features of the plan are as follows:
Eligibility of Oriental Jan Arogya Plan:
Entry age |
5 years to 70 years, Child- 3 months to 5 years |
Sum assured |
INR 2 lakhs to INR 20 Lakhs |
Premium |
Depends on the age, the sum assured and family size |
Renewability |
Lifelong |
Policy Term |
1 year |
The Oriental Insurance Happy Cash Policy is being specifically designed to provide daily cash benefits to the insured person or the insured’s family in case of hospitalization to support with the related costs that create financial anxiety and worries. This plan is picture-perfect for providing a guard against all the non-medical expenses. The plan can be promptly bought or can be renewed online from the company’s official website.
The features of the plan are as follows:
Eligibility of Oriental Happy Cash:
Entry age |
18 years to 65 years, Child- 3 months till 25 years |
Sum assured |
Daily Cash Benefit of INR 500, INR 1000, INR 2000 and INR 3000 |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
This plan by Oriental Insurance is created on the directives issued by the Ministry of External Affairs, of Government of India. All the Indian emigrants who are going abroad for the purpose of employment with ECR (Emigration Check Required) endorsement in their passport will have to mandatorily register for this plan. It offers special protection to such Non Resident Indian.
The features of the plan are as follows:
Eligibility Oriental Householder Policy
Entry age |
18 years to 60 years |
Sum assured |
Up to INR 10 Lakhs |
Premium |
Depends on the age and sum assured |
Renewability |
Lifelong |
Policy Term |
1 year |
Oriental Car Insurance policies are predominantly planned to protect a vehicle owner with his vehicle from various damages. Oriental Insurance provides different motor insurance policies for both car and two-wheeler. Two aspects relating to a third party and all-inclusive covers for motor insurance are offered by the company. Other than the four-wheeler insurance covers, Oriental Car Insurance also offers various additional covers like Alternative Car Benefit, nil Depreciation Cover, Free Benefit of Emergency Service through TVS, Loss of Personal effects, etc. upon paying an extra payment together with the premium.
Private Car Insurance Plan covers the below:
Loss or damage of private cars caused by:
Oriental Private Car insurance plan extends the coverage of maximum amount INR 2 lakh for the whole insurance term to the owner-driver of the vehicle in case of unfortunate death or bodily injury while travelling, mounting, dismounting the vehicle. Such event resulting in the below conditions within 6 months of the incident date, the amount or the % of compensation will be paid as below:
Nos |
Type of Injury |
% Reimbursement |
1 |
Death |
100% |
2 |
Permanent total disablement from injuries other than above |
100% |
3 |
Loss of two Limbs or Sight of Two Eyes or loss of One Limb & sight of One Eye |
100% |
4 |
Loss of One Limb or Sight of One Eye |
50% |
This has been thought to meet the necessities as per compulsory clauses of Motor Vehicles Act. This plan covers the two most important parts of the motor vehicle’s act.
Oriental insurance implements an all-inclusive procedure to arrive at the value of the premium. The amount of premium to be paid basis the below-mentioned aspects.
Additionally, a customer may go for supplementary coverage as per their necessity by paying an extra premium:
Two-wheelers are now an essential mode of transport which can be afforded by everyone and has become one of the necessities now. Hence, it is important to protect the same against unforeseen events to have a stress-free life and lessen the worry of the financial burden. Oriental Insurance Two-Wheeler Insurance provides similar types of coverage like Oriental motor or car insurance. The bike insurance plans are designed to secure a rider against any third-party liability and property damages together with own damages. Many effective add on covers for bikes are available under the plans obtainable by Oriental Two-Wheeler Insurance.
The policy covers:
Loss or damage of two-wheeler caused by:
The features, scope of advantages, and the premium for a two-wheeler, personal accident cover are the same as Car Insurance as mentioned above.
Other types of insurance policies offered by Oriental Insurance:
You can buy Oriental Insurance plans online or offline. The Oriental Insurance offline plans are sold directly by the company or through their registered insurance advisors. In order to buy an Oriental Insurance Policy, all you need to do is to purchase the same from any Oriental Insurance Branch or their agents. However, the same can also be purchased online from the official website of the company.
Alternatively, you can buy motor insurance as well as health insurance plans of Oriental Insurance from Turtlemint as well. Turtlemint is an online platform where you can compare and choose the best health insurance or motor insurance plan from the options available.
You can purchase the same very simply as well through Turtlemint by following the following steps:
Renewing Oriental Insurance plans is also an easy affair. You can renew the policy online through the company’s website using the following steps –
Renewal of Oriental Insurance Health Insurance or Oriental Insurance Motor Insurance Policies can also be done online through Turtlemint, an online platform.
If you have bought the policy through Turtlemint you are an existing customer. You would have the login details with which you can log into your Turtlemint account. After you are logged in, choose the health or car or bike insurance plan which you would want to renew, click on ‘Renew’ and you would be able to check the policy details. If you want to renew without any changes, pay the renewal premium and the policy would be renewed.
Oriental Insurance provides a fast and transparent claim settlement procedure. The company provides 24/7 customer assistance number 1800118485 Or 011- 33208485 for claim assistance. One can get immediate instant help for claim support from the official site of Oriental Insurance Company.
One has to follow a few steps while making a claim. Point to note here that requirements vary from car insurance to health insurance and hence all the required steps need to be followed carefully.
General Claim procedure of Oriental Insurance is discussed in brief:
The claims can also be settled through Turtlemint. Turtlemint is a company that provides customers with the facility of claim settlement through a squad of claim specialists. The company needs to be notified by calling their toll-free number 1800 266 0101 or via an email at claims@turtlemint.com. Post this, the claim department will connect and coordinate with Oriental Insurance to process the claims.
The Company offers various modes of payment which one can avail of. Listed below the same:
The Company will not compensate the insured for disablement/death of the Insured Person,
Oriental Insurance Online Payment Procedure
One can pay the premium online by means of any of the various payment options like Visa or Mastercard, RuPay Debit Cards, Credit and Debit Cards, payment through Internet Banking, UPI, & IMPS, E-Wallets / Cash Cards, etc.
Oriental Insurance Offline Payment Procedure
One can pay Oriental Insurance at any of their branch offices nearby. Oriental Insurance Company also offers an option of offline payment service for their clientele.
Reviews for Oriental Insurance
The reviews of the company are excellent across the industry as well as the clients. With its comprehensive products with inexpensive premiums and rapid service, Oriental Insurance has become everyone’s preferred insurer.
The Company can be contacted in the following ways by contacting:
For any complaints, one can email to beena.dhawan@orientalinsurance.co.in or csd@orientalinsurance.co.in
Oriental Insurance is joining in the Pradhan Mantri Suraksha Bima Yojana (PMSBY) in partnership with various banks. Under this scheme, Savings Bank account holders of the bank can have Personal Accident insurance of INR 2,00,000 for an annual premium of INR 12 only
Oriental Insurance Company has been declared as “Best General Insurance Company-Public”
Yes, you can visit https://orientalinsurance.org.in/claim and proceed for an online claim by filling the required details and uploading the necessary documents.
Premium depends upon many factors like type and makes of the vehicle, model, cc, usage, place of registration, past claims history etc. of the vehicle.
Yes, you can transfer to the buyer of the vehicle, provided the seller gives in writing to the insurance company. Fresh proposal form needs to be filled in together with a minimal fee.
Personal Accidental policy gives protection against accidental death, loss of limbs, permanent total and partial disablement as chosen and approved by the insurance companies’ basis the underwriting norms.
Sum insured is constructed based on many factors namely: