Oriental Health Insurance Benefits

Oriental Insurance Company is one of the largest public sector general insurance companies in India. The company offers a wide range of health insurance policies that protect the insured against a variety of medical bills while keeping rates low. Cashless treatment, coverage for pre-hospitalisation and post-hospitalisation fees, ambulance charges, No Claim Bonus, maternity coverage, tax benefits, and other perks are only a few of the important benefits that the insured can receive under its health insurance policies.Also, the insurer has established a reputable name by providing a number of comprehensive health insurance policies for individuals, family, parents, parents-in-law, children, women, senior citizens, etc.
Other benefits of purchasing an Oriental Insurance Company health insurance package include coverage for critical illnesses, specialised customer service, a grace period to renew the policy, portability, and the possibility to renew the policy for the rest of its life

Additional Benefit of Free Health Check up

Oriental Insurance Company reimburses the costs of health check-up undertaken once at the expiry of a block of every three continuous underwriting years. However, no claims should be reported during the block.

Additional Protection over Employer Coverage

True, some diseases and afflictions are not covered by an employer's health insurance policy. You can increase the coverage of your plan and enjoy additional protection by purchasing an appropriate health insurance policy from Oriental Insurance Company.

Cashless Benefit

Cashless treatment benefit is available at all network hospitals. So, you won’t meet a financial crunch at the time of a medical emergency.

Claim Settlement Ratio

Claims Settlement Ratio (CSR) is referred to as the ratio of the settled claims against the total number of claims made in a financial year. CSR of Oriental Insurance Company during 2019-20 is 93.96%*. *CSR changes from time to time.

Coverage against Medical Expenses

Individuals and families can benefit from Oriental Insurance Company's health insurance products, which provide comprehensive coverage. Inpatient treatment, pre- and post-hospitalization, childcare procedures, ambulance coverage, and domiciliary treatment are all covered by the plans.

Incurred Claim Ratio

The Incurred Claims Ratio or ICR lets you know the overall value of all the claims that an insurer has paid against the total sum of premium collected. The Incurred Claims Ratio of the Oriental Insurance Company as per IRDAI is 113.86%*. *The ratio gets updated from time to time.

Tax Benefit

The premium paid against a health insurance policy of Oriental Insurance Company lets you enjoy tax benefits under section 80D of the Income Tax Act.