Best Oriental Health Insurance Plans To Buy In 2021
In the event of an unexpected or planned hospitalisation, Oriental Health Insurance policies offer a much-needed financial buffer. Oriental Insurance provides a variety of health policies from which you can choose one that meets your insurance needs. The following are some interesting facts about the company:
- Oriental Insurance Company has 30 regional offices in India and over 1800 operational offices.
- Oriental Insurance Company is a global company with approximately 13500 employees.
- The company's premium sum for the financial year 2017-2018 was INR 11452 crores.
- A.M. Best has given Oriental Insurance Company an A++ rating, which is outstanding.
Best Oriental Health Insurance Plans To Buy In 2021
Oriental Insurance now offers a broad range of health insurance options. The primary goal of Oriental Health Insurance is to shield the insured from rising medical costs, since health insurance policies cover almost all of an insured person's medical expenses, depending on the form of plan selected by the proposer.
1. Oriental Insurance Individual Mediclaim Policy:
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:
- Coverage of hospitalization expenses due to sudden sickness, accident or disease
- Coverage of pre-existing disease from 5th year subject to consciousness of the plan uninterruptedly
2. Oriental Insurance Happy Family Floater Policy:
Oriental Insurance Happy 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:
- A family floater plan covering the proposer and his or her family under one umbrella of single Sum Insured under one Policy
- For Silver and Gold Plans, Pre-acceptance medical check-up is compulsory for individuals aged 60 years and above. And in Diamond Plan, the prerequisite is for persons aged 55years and above
3. Oriental Health Of Privileged Elders Policy (HOPE):
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:
- The plan covers definite and specified diseases only
- A mandatory co-payment of 20% on the admissible claim amount
4. Oriental Overseas Mediclaim Policy:
Oriental Insurance Overseas Mediclaim Plan is a protection plan for those who are an arrangement for a trip abroad and want all-inclusive coverage.
The features of the plan are as follows:
- Expenditures for both in-patient and out-patient covered
- Coverage of pre-existing disease from 5th year subject to consciousness of the plan uninterruptedly
5. Oriental Janata Personal Accident Policy:
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 features of the plan are as follows:
Scope of Cover is as below:
- Death of the insured person
- Total and irrecoverable eyesight loss of both eyes or loss of use of two hands or feet or loss of sight of one eye and loss of use of hand or foot
- Total and irrecoverable eyesight loss of one eye or loss of use of one hand or foot
- Permanent total disablement because of accident
Take Away
Oriental Insurance is partnering with a number of banks to participate in the Pradhan Mantri Suraksha Bima Yojana (PMSBY). Personal Accident cover of INR 2,00,000 is available to bank Savings Bank account holders for an annual premium of INR 12 only under this scheme.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
