33, 34, 35,oriental insurance company


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33, 34, 35,oriental insurance company

  1. 1.  History of Oriental Insurance Company. Mission & Visions Of Oriental Insurance Company. Corporate Office Of Oriental Insurance Company. Current Managing Bodies Of Oriental Insurance Company. Awards & Achievement Of Oriental Insurance Company. Products & Services Of Oriental Insurance Company.
  2. 2. •Oriental Insurance Company Ltd came into existence on 12th of September 1947 in Bombay.•A completely owned subsidiary of the Oriental Government Security Life Assurance Company Ltd, the company was brought to existence for carrying out General Insurance business.•From the years 1956 to 1973, the company was a Life Insurance Corporation of India subsidiary.
  3. 3.  In the year 2003 all the shares of the company that was originally held by General Insurance Corporation of India was transferred to the Central Government. Oriental Insurance has its head Office located at New Delhi. It consists of 30 Regional Offices and more than 900 operating Offices situated in different cities in India. The Company also has overseas operations operating in Nepal, Kuwait and Dubai.
  4. 4.  To contribute to the socio economic objectives of the nation by being a vibrant and viable organization catering to the growing insurance needs of the community. Towards this end we will strive for effective management of business operations.
  5. 5.  To be the most respected & preferred non life insurer in the markets we operate
  6. 6.  Oriental House, A-25/27, Asaf Ali Road, New Delhi - 110002. Phone Nos :011-43659595, 23279221
  7. 7. Dr. R.K.Kaul K. R. Kamath Lalit Kumar S. K. ChananaNiraj KumarA. K. SAXENAN. K. SINGHK. K. RAOH. G. ROKADE D K Mishra
  9. 9. " BEST LIFE INSURER "Best General Insurance CATEGORY Public" in the CNBC CNBC Awards TV18 Best Consumer Awards Bank and Financial 2010 in 2011
  10. 10. Other awards achieved oriental insurance com. World Brand Congress Award. NDTV Profit Business Leadership Award 2008. NASCOM IT USER Award 2008. Golden Peacock Innovative Product / Service Award 2009. ASIA PACIFIC HRM Congress, 2009 Award for Innovative HR Practices. Loyalty Award - 2009 . Business Super brand India 2009.
  11. 11. 1. Happy family floater.2. Education policy.3. Money insurance policy4. Loss of Employment.5. Personal Accidental policy.
  12. 12.  FEATURES This is a Health Insurance Policy. Floater‐Implies single Sum Insured for entire family. Family includes‐Self , Spouse, Children, Parents and Parents in laws. Available in two plans‐Silver and Gold.
  13. 13.  PLANS PLAN –SILVER PLAN-GOLD BASIC 10% compulsory co‐pay Without co‐pay. PLAN Sum Insured choice Sum Insured choice Rs.1‐5 Rs.6‐10 lakhs . Lakhs. Inbuilt Cash Allowance for the days admitted. Attendance allowance –If a child between 3m to 10yrs is admitted. Add On Personal Accident cover Personal Accident for for self self and and dependants. dependants.
  14. 14.  NEW FEATURES • Benefit in Gold scheme Daily hospital cash • Limit 0.1% of Sum Insured Max.10 days •Benefit in Gold scheme, if Attendant child below 10years Allowance admitted. • Rs.500 per day max.10days
  15. 15. • In the event of death or permanent total disablement of the Insured due to accident , the Policy shall also provide compensation towards education fund for the dependent children.• If the Insured Person has one dependant child below the age of 23 years on the date of accident , an amount equal to 10% of original Sum Insured as specified in the PA section of the policy subject to maximum of Rs.5,000• And insured person has more than one dependant child• Below age of 23 years policy subject maximum of Rs.
  16. 16.  Loss of money drawn as wages and salaries by any cause whilst in the Insured premises and until paid out. The proposer should indicate the estimated amount of money in transit during the period of insurance. Cash, Currency Notes, Coins, Securities for money, Postal Orders, Stamps, Cheques etc. whilst in transit or in locked safe an route to final destination.
  17. 17. • In case of loss of employment of the insured person due to permanent total disablement.• 1% of the original sum insured as specified in The schedule of insurance of the PA section of this policy• This benefit is applicable in case of individual policy holders only.
  18. 18.  The policy offers Personal Accident cover. In this policy Death/Permanent Total Disablement ,Loss & Permanent Partial Disablement reimbursement include. Hospitalization Expenses as specified under the schedule of insurance of the policy. The disability must not be less than 40% in aggregate for becoming entitled to any claim under Personal Accident section of this policy.
  19. 19.  Major Exclusions (Applicabale To Both Section I and Section II Of The Policy) War Risk: Confiscation: Any bodily injury to the Insured person due to confiscation, requisition or destruction by order of any government, public or local authority Nuclear Risk: Any bodily injury to the Insured person, consequential loss, legal liability , directly or indirectly caused by or contributed to by or arising from.