Paisawiki is a Part of
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Oriental Janata Personal Accident Policy is one of the two kinds of policy available with the insurer. The policy comes in handy in covering the risks such as disability, morbidity, and post-death rituals etc. In this regard, a policy like this will give a person the much-needed financial coverage.
Oriental Insurance Company Limited was set up on the 12th of September in 1947 in Mumbai as a completely owned concern of the government. For a long time, it was a subsidiary of the Life Insurance Corporation of India. It was only in 2003 that the Central government overtook all the shares of the company. It functions regionally as well as overseas and has its centers in Nepal, Kuwait, and Dubai.
The following are the features of the Oriental Janata Personal Accident Policy:
|
Minimum Age of entry |
10 years |
|
Maximum Age of entry |
80 years |
|
Basis of Plan |
Individual |
|
Tenure of the Policy |
1 year with lifetime renewability |
|
Renewability |
Lifetime subject to age limits. There is a period that is offered after the policy expires that acts as the buffer period. There is no such time allotted for the renewal for this policy.
|
|
Minimum Sum Insured |
Rs 25000 |
|
Maximum Sum Insured |
Rs 5 Lakh |
|
Coverage |
• In case of an accident, the entirety of the sum insured will be paid to the insurer • In case of total disability of eyesight and both feet and hands, the entire sum insured will be paid • In case of total damage to one eye or damage to either of the limbs, half of the sum insured will be paid to the insurer • In case of permanent disability, the entire insured sum will be paid to the insured
|
|
Savings |
To avail of a cumulative bonus, the policy needs to be renewed within a period of 90 days. • Taking the number of people insured under this policy into consideration, the policy has an added benefit of savings •
|
|
Free Look Period |
15 days of free-look period |
|
Other Inclusions |
An individual who has no source of income can avail of this policy. Income Proof is mandatory to be submitted in case the sum insured is more than Rs 2 lakh The last day of the policy is also the last day that the insurer will be covered.
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There are a lot of benefits which might appeal to a lot of people. They are:
|
Benefits of Oriental Janata Personal Accident Plan |
Payable Amount |
|
Upon death |
100% of Sum Insured |
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When there has been a mishap that has caused permanent disability of both limbs and has resulted in complete impairment of eyesight |
100% of Sum Insured |
|
If a person loses one limb or loses partial eyesight due to a mishap |
50% of the Sum Insured
|
|
If there is a total bodily disability
|
100% of Sum Insured |
In spite of the wide-ranging areas that are covered under this plan, there are a whole lot of exclusions. They primarily are:
The minimum age limit for availing the policy is 10 years, while the maximum age of buying the policy is 80 years. The term of the policy stands functional for one year. The minimum sum that can be insured is Rs 25,000 whereas, the maximum sum can be Rs 5,00,000. If anyone wants to insure a sum of more than Rs 2,00,000, an income certificate is required as a measure of authentication.
The buyer needs to be in possession of certain documents and fulfill certain conditions. These are the terms to be met:
Go to the Paisawiki website and register yourself as a user of the portal and get free quotes and premium rates. Then you should make sure that:
To buy the policy, the customer needs to fill the proposal form accurately with an enumeration of medical conditions, if any. Then he/she needs to submit the policy with a copy of address proof. In certain cases, the consumer needs to have a thorough medical status if the person’s age is on the wrong side.
In order to claim Oriental health insurance, there should be a prior notice given to the company either by email or Fax with enclosed credentials like policy number, identification details, and the disease that the insured suffers from.
Remember to submit the claim form after filling it carefully, along with details of medical history and medical bills.
In case of the demise of the insured, the nominee needs to submit the following documents:
In the case of Temporary Total Disability, the nominee needs to submit the following documents:
In the case of Permanent Disability or Injury Claim, the nominee needs to submit the following documents:
With uncertain things like accidents plaguing people daily, it is always wise to renew your policy once the term expires. Having a policy renewed ensures continued coverage and greater security. Besides, having a continuity enables you to enjoy perks like free check-ups, and whatever benefits accidental policies bring to your table. The following are the steps that are to be followed to renew the policy. In this regard Paisawiki.com provides an easy and safe platform to renew the policy.
Ans: The company provides two kinds of payments. One can opt for a cheque payment at the branch or go for online payment over the internet. For online payment, they can avail credit card, debit card, and net banking facilities.
Ans: Go to the official website of the bank and log in with your credentials. The status of your policy will appear in a jiffy. All you need is the policy number or the application number, which must have been issued to you at the time of the policy's purchase and enter personal details like name and contact details. After filling in the appropriate information, the policy details can be checked online thereafter.
Ans: You can either contact a broker and get it done through him by filling in the documents, or you can do that online as well by logging into the website and filling in your account details. Once the policy is renewed, save a copy of the receipt and wait for a digital copy to be sent to you over email.
Ans: When you want to file a claim, fill the form in all earnestness and visit the nearest branch for technical assistance. Process of settling a claim can also be done online by following very simple steps like:
Step 1 – In case of any contingency, the insurance company needs to be informed within 24 hours to get the claim processed without delays.
Step 2 – Filling an online claim form.
Step 3 – Furnishing all the relevant documents to the insurance company as required.
Step 4 – Claim Intimation or Confirmation Number will be issued which can be sued to track the claim later.
Answer: There are a number of Personal Accident Plans introduced by Oriental General Insurance Company Ltd like:
Ans: Two kinds of savings can be availed within the Oriental Janata Personal Accident Policy, but all these put together should not exceed 30% under any circumstances:
Group Offer:
|
Size of the Group |
Savings |
|
101 – 1000 |
5% |
|
1001 – 10000 |
7.5% |
|
10001 – 50000 |
10% |
|
50001 – 100000 |
12.50% |
|
100001 – 200000 |
15% |
|
Above 2 Lakhs |
Up to 70% |
Long Term Offer:
|
Term of the Policy |
Savings |
|
1 |
Not Applicable |
|
2 |
5% |
|
3 |
10% |
|
4 |
15% |
|
5 |
20% |
|
6 |
25% |
|
7 |
30% |
|
8 |
35% |
