Oriental Insurance Company

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.

Presentation outlines

History of

Oriental Insurance

History

•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.

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.

MISSION AND

VISIONS OF

ORIENTAL INSURANCE

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.

      

Mission

 To be the most respected & preferred non life insurer in

the markets we operate

Visions

CORPORATE OFFICE OF ORIENTALINSURANCE COMPANY

Oriental House,A-25/27, Asaf Ali Road,New Delhi - 110002.Phone No's :011-43659595, 23279221  

CURRENT MANAGING BODIES

OF ORIENTAL

INSURANCE

D IRECTOR : Dr. R.K.Kaul K. R. Kamath Lalit Kumar S. K. Chanana

MANAGER: Niraj Kumar A. K. SAXENA N. K. SINGH K. K. RAO H. G. ROKADE

F INANCIAL ADVISER: D K Mishra

A. K. SAX

AWARDS

AND ACHIEVEMENT

OFORIENTAL

INSURANCE

AWARDS AND ACHIEVEMENT

ASIA BRAND CONGRESS BRAND LEADERSHIP AWARD, 2008

OUTLOOK MONEY NDTV PROFIT AWARD in 2009

" BEST LIFE INSURER CATEGORY CNBC Awards Consumer Awards 2010

"Best General Insurance Public" in the CNBC TV18 Best Bank and Financial in 2011

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.

PRODUCT AND

SERVICES OF

ORIENTAL INSURANCE

PRODUCTS AND SERVICES

1. Happy family floater.2. Education policy.3. Money insurance policy4. Loss of Employment.5. Personal Accidental policy.

1.HAPPY FAMILY FLOATER

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.

PLANS

PLAN –SILVER PLAN-GOLD

BASICPLAN

10% compulsory co‐paySum Insured choice Rs.1‐5Lakhs.

Without co‐pay.Sum Insured choice Rs.6‐10 lakhs .

Inbuilt Cash Allowance for the days admitted.Attendance allowance –If a childbetween 3m to 10yrs is admitted.

Add On Personal Accident cover for selfand dependants.

Personal Accident for self anddependants.

NEW FEATURES

Daily hospital cash

Attendant Allowance

• Benefit in Gold scheme• Limit 0.1% of Sum Insured Max.10 days

•Benefit in Gold scheme, if child below 10years admitted.• Rs.500 per day max.10days

2.EDUCATION POLICIES • 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. 10,000.

3.MONEY INSURANCE POLICY

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.

4. LOSS OF EMPLOYMENT.

• 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.

5.PERSONAL ACCIDENTAL POLICY.

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.

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.

Thank you