When it comes to ensuring financial protection against rising medical expenses, the Oriental Health Insurance Company stands out as a trusted name in the insurance sector. With a legacy of providing reliable health coverage to individuals, families, and senior citizens, Oriental Health Insurance offers a range of plans designed to meet diverse healthcare needs. Through Quickinsure, customers can easily compare, select, and purchase these plans online, ensuring a hassle-free experience.
Why Choose Oriental Health Insurance Company?
Oriental Health Insurance Company is one of the leading public sector general insurance companies in India. Established in 1947, the company has been serving millions of customers with a commitment to providing quality health insurance solutions. Here's why it remains a preferred choice:
1. Wide Range of Health Insurance Products
Oriental Health Insurance offers multiple plans catering to individuals, families, senior citizens, and corporate groups. Whether it's basic hospitalization coverage or comprehensive health protection, Oriental has suitable options for everyone.
2. Affordable Premiums with High Coverage
The company is known for offering health insurance policies at affordable premiums without compromising on coverage benefits. Customers get access to extensive coverage, including pre- and post-hospitalization expenses, daycare procedures, and critical illness coverage.
3. Extensive Network of Cashless Hospitals
Oriental Health Insurance has an extensive network of more than 4,300 cashless hospitals across India. This wide reach ensures that policyholders can avail themselves of quality medical treatment without worrying about upfront payments.
4. Strong Claim Settlement Ratio
With a high claim settlement ratio, Oriental Health Insurance Company assures customers of a smooth and reliable claim process. The company's efficient support team ensures timely assistance during medical emergencies.
Key Features of Oriental Health Insurance Policies
Oriental Health Insurance Company offers unique features in its policies, making them stand out from the competition. Some of the key highlights include:
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Coverage for Pre-Existing Diseases: After a specific waiting period, Oriental covers pre-existing diseases, ensuring long-term protection.
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No Claim Bonus (NCB): Policyholders are rewarded with a no-claim bonus for every claim-free year, which enhances the sum insured.
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Health Check-ups: Many plans offer complimentary health check-ups after a few claim-free years.
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Maternity and Newborn Cover: Select plans provide coverage for maternity expenses and newborn baby care.
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Daycare Procedures: Coverage for medical procedures that do not require 24-hour hospitalization.
Popular Health Insurance Plans by Oriental
Here are some of the most sought-after health insurance plans offered by Oriental Health Insurance Company:
1. Oriental Mediclaim Insurance Policy (Individual)
Ideal for individuals seeking comprehensive health coverage, this plan offers benefits like hospitalization expenses, pre- and post-hospitalization coverage, and daycare procedures.
2. Oriental Happy Family Floater Policy
This family floater plan is designed to cover the entire family under a single sum insured. It provides coverage for hospitalization, health check-ups, and critical illnesses.
3. Oriental Health of Privileged Elders (HOPE)
Specifically designed for senior citizens, the HOPE policy offers tailored coverage for older individuals with various sum insured options and affordable premiums.
4. Oriental Critical Illness Policy
This policy provides a lump sum benefit upon diagnosis of specified critical illnesses, ensuring financial support during challenging medical conditions.
Benefits of Buying Oriental Health Insurance from Quickinsure
Quickinsure simplifies the health insurance buying process by providing a seamless digital platform. Here are the key benefits of choosing Quickinsure for purchasing Oriental Health Insurance:
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Instant Policy Comparison: Users can compare multiple Oriental health insurance plans based on coverage, premiums, and benefits.
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Transparent Information: Detailed plan information is available, helping customers make informed decisions.
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Quick and Paperless Process: The entire policy buying journey is online, ensuring convenience and speed.
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Expert Assistance: Quickinsure provides expert guidance to help customers choose the right plan.
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Easy Claim Support: Assistance is available for smooth claim filing and settlement.
Important Inclusions and Exclusions
Before purchasing a health insurance policy, it is crucial to understand what is covered and what is not. Here’s an overview:
Inclusions:
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Hospitalization expenses (room rent, ICU charges, etc.)
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Pre- and post-hospitalization expenses
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Daycare procedures
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Ambulance charges
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Coverage for specific critical illnesses
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Coverage for pre-existing diseases after waiting period
Exclusions:
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Cosmetic or aesthetic treatments
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Self-inflicted injuries or suicide attempts
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Injuries due to war or terrorism
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Dental and ophthalmic treatments (unless covered under specific plans)
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Treatment during the waiting period
Tax Benefits Under Section 80D
Purchasing health insurance from Oriental Health Insurance Company also offers tax advantages. Under Section 80D of the Income Tax Act, policyholders can claim deductions on the premium paid towards health insurance policies:
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Up to ₹25,000 for individuals below 60 years.
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An additional ₹25,000 for insuring parents below 60 years.
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For senior citizens, the deduction can go up to ₹50,000.
This makes health insurance not only a safety net but also a tax-saving investment.
Special Focus: Senior Citizen Health Coverage
Oriental Health Insurance Company pays special attention to the healthcare needs of senior citizens through its dedicated plans. The senior citizen health insurance scheme by government of india is well-aligned with Oriental’s efforts to provide affordable and comprehensive health coverage for older individuals. The company's HOPE policy is a prime example, designed to offer benefits such as higher sum insured options, coverage for age-related ailments, and cashless hospitalization facilities.
How to Buy Oriental Health Insurance Online via Quickinsure
Buying health insurance is a critical financial decision, and Quickinsure makes this process easier with the following steps:
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Visit the Quickinsure Website: Access the health insurance section and select Oriental Health Insurance.
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Compare Plans: View and compare various policies offered by Oriental based on your needs.
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Calculate Premiums: Use the premium calculator to estimate your policy cost.
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Submit Details: Fill in personal and medical details for accurate plan suggestions.
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Make Payment: Proceed with secure online payment and receive the policy document instantly.
Conclusion
Choosing a reliable health insurance provider is essential for safeguarding your financial health during medical emergencies. The Oriental Health Insurance Company, with its wide range of plans, customer-friendly features, and robust claim support, remains a preferred choice for individuals and families alike. By leveraging Quickinsure’s digital platform, customers can enjoy a transparent, efficient, and hassle-free insurance buying experience, ensuring that their health and well-being are always protected.