Some of the salient features of the product as listed below:

1. A Customer friendly policy with low premiums, simple to understand with no hidden charges/conditions.

2. Coverages available from 3 to 30 Lacs under various sum insured slabs and corresponding deductibles.

3. Plans available as Individual and Family Floater with no family capping for number of dependents.

4. Coverage for dependent children who are physically or mentally challenged with no upper age limit available.

5. Maximum entry age 65 years which may be extended to 70 years subject to10% premium loading.

6. Family Discount of 10% in premium in case of Individual Plan (>2family members covered) and 10% loyalty Discount where insured has Oriental?sRetail/Bancassurance health policy.

7. Portal discount of 10% on premium, subject to maximum of Rs.2000/- available where policy taken online without any intermediary

8. Option of deletion of room rent limit available to delink proportionate deduction of medical expenses

9. Option for Midterm inclusion of newly wedded spouse and new born/adopted child available on prorata premium.

10. Life-long renewals allowed.

11. Cashless Claim Settlement at all Network Hospitals (TPA serviced policy).

12. Organdonor benefit:

Ø  Insured-Donor: 10% of Sum Insured even if the deductible is not exceeded & in addition to any amount payable in any base policy.(24 Monthswaiting period)

Ø Insured-Recipient: Cover Inpatient Medical Hospitalization expenses.

13. Maternity Cover available (waiting period: 12 months).

14. Newborn baby cover from day one to 90 days.

15. Migration facility available.

16. Portability facility available too subject to portability IRDAI Guidelines.

17. All pre-existing diseases covered after 48 months of continuous coverage with OICL.

18.  Treatment in SAARC countries available only on reimbursement basis.

19. 116 day care procedure covered.

20. Free look period option available.

21. Grace period facility for payment of renewal premium available.

22. No pre Medical Check-up required for policy issuance upto 55 years.

23. Income Tax Benefit under 80D (IT) available.

24. Pre & Post Hospitalization expenses up 30/60 days covered.

25. AYUSH Treatment covered upto sum insured opted.

26. Option for revision of Sum Insured/Deductible available.

27. Competitive Premium with Best Coverage.

. The premium chart is attached herewith for reference.

Individual Plan

Sl. No. Deductible(INR) Sum Insured(INR)

Age in completed Years* (Exclusive of GST)

0-35

36-45

46-60

Above 60

1

300000

300000

1778

2576

3651

6642

2

300000

500000

2446

3451

4646

8283

3

500000

500000

1523

1936

2480

4127

4

500000

700000

1790

2240

2888

5167

5

600000

600000

1398

1707

2310

4127

6

600000

800000

1650

1993

2643

5006

7

800000

800000

1387

1570

2230

4641

8

800000

1000000

1655

1859

2576

5397

9

1000000

1000000

1409

1560

2089

4641

10

1000000

1500000

2052

2272

2982

6073

11

1500000

1000000

1325

1449

1955

3471

12

1500000

1500000

1968

2160

2848

4641

13

1800000

1000000

1306

1437

1967

3029

14

1800000

1200000

1563

1722

2325

3471

15

2000000

1000000

1294

1432

1979

2795

16

2000000

2000000

2506

2785

3682

4899

17

2000000

3000000

3652

4076

5310

6936

 

Family Floater Plan(Basis of premium charging is as under)

Insured Member?s age Premium to be charged
Member with highest age 100% of the premium as applicable to that age & Deductible/Sum Insured combination.
Member with second highest age 50% of the premium as applicable to that age & Deductible/Sum Insured combination.
All other members with lower ages 40% of the premium as applicable to that age & Deductible/Sum Insured combination.

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