Oriental Bank Saathi Policy

Oriental Health Insurance Bank Saathi Policy, a group policy by Oriental Insurance Company, is designed to provide indemnity to insured individuals and their family members. It is a group health insurance policy that covers various medical care expenses like:

Injuries due to accident
Illnesses and Diseases
In-Patient Care
Emergency Care
Domiciliary Hospitalization, and more.

The plan will be available to individuals until 70, and insured individuals can cover up to 3 dependent children between 91 Days and 18 Years. However, male children can be covered up to the age of 26 years. There are two plan variants under the Oriental Insurance Bank Saathi Policy wherein Plan A offers a sum insured of INR 2 to 5 lakhs and Plan B offers a sum insured of INR 6 to 25 Lakhs.

Oriental Health Insurance Detailed Review

Oriental Bank Saathi Policy Specifications

To understand Oriental Bank Saathi Policy Insurance in detail, take a look at the below table:

Entry Age

18 to 70 Years

Policy Type

Group Health Insurance

Sum Insured

1 L | 2 L | 3 L | 4 L | 5 L | 10 L | 15 L | 20 L | 25 L

Initial Waiting Period*

30 Days

Renewability

Lifelong

Policy Term

N/A

*Initial Waiting Period is the time period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.

Read more specifications in the brochure.

Choose Your Oriental Bank Saathi Policy

With wide coverage options available, Oriental Bank Saathi Policy Insurance Plan allows you to choose your ideal coverage as per your family’s health requirements. Take a look at the coverage under every SI option available and choose your ideal coverage:

In-patient & Out-patient coverage

Room Rent

Covered

ICU Charges

Covered

Pre-Hospitalization

Covered

Post-Hospitalization

Covered

Domiciliary Hospitalization

Covered

Daycare Treatment

Covered

OPD Charges

Not Covered

Coverage Terms

COVID-19 Treatment

Covered

Cataract

Covered

No Claim Bonus

Not Covered

Automatic Restoration

Not Covered

Daily Hospital Cash

Not Covered

Organ Donor

Covered

Maternity Cover

Not Covered

New Born Baby Cover

Covered

Alternative Treatments

AYUSH Treatment

Covered

IVF Treatment

Not Covered

Modern Treatment

Covered

Emergency Coverage

Ambulance

Covered

Air Ambulance

Not Covered

Compassionate Travel

Not Covered

Global Coverage

Not Covered

Wellness Programmes

E-Consultation

Covered

Health Check-Up

Not Covered

Second Medical Opinion

Covered

Vaccination

Not Covered

Limitations

Co-payment

Not Covered

Sub-limits

Not Covered

Oriental Insurance Bank Saathi Policy Benefits

Insurance holders can avail of a multitude of benefits on the purchase of Oriental Insurance Bank Saathi Policy as it offers all-around coverage to you and your family members. We have listed a few below:

Avail Lifetime Renewability
Insured individuals can be assured of lifetime renewability on the purchase of their Oriental Insurance Bank Saathi Policy. You and your family are guaranteed lifetime medical care by investing in this health insurance plan.
Mental Illnesses Cover
Insured individuals are covered for mental illnesses under the Oriental Bank Saathi Insurance policy. Mental illness treatment taken as in-patient is covered up to Sum Insured. However, sub-limits are applied to 4 named diseases/conditions as per the policy schedule.
Medical Second Opinion
Policyholders can avail of a medical second opinion for a number of listed diseases like Cancer, Renal Failure, Stroke, Coma, Cardiac Conditions, and more. The second medical opinion can be obtained even from overseas under the Oriental Bank Saathi Insurance Policy.
Maternity & Newborn Cover
Under the Oriental Insurance Bank Saathi Policy maternity cover is available as a part of in-patient care for delivery including C-sections. The cover is available for a Sum Insured equal to or greater than INR 10 Lakhs. Newborn baby cover is available from day
Tax Benefits
Oriental Insurance Bank Saathi Policy is eligible for tax benefits as per the Income Tax Law, of 1961.

Oriental Insurance Bank Saathi Policy Premium Table

We have mentioned below the premium rates to be paid by policyholders for plan variants A and B excluding GST within the age bracket of 18 to 40 Years.

Plan A

Sum Insured (in Rs.)	2 L	4 L	5 L
Premium (In Rs.)	6,530	8,964	9,843

Plan B

Sum Insured (in Rs.)	6 L	15 L	20 L	25 L
Premium (In Rs.)	11,202	18,385	21,485	24,535

Oriental Insurance Bank Saathi Policy Exclusions

Permanent Exclusions

Permanent diseases or health conditions that are not included under the Oriental Insurance Bank Saathi Policy are:

Hospitalization out of war, riot, strike, and nuclear weapons

Intentional self-injury

AIDS

Miscarriage, and Abortion

Congenital disease

Infertility and in vitro fertilization

Coverage after Waiting Period

Certain diseases and treatments are covered under this plan after a certain period. Read the details below:

Pre-existing diseases after 48 Months

Conclusion

Oriental Insurance Bank Saathi Policy is a group health insurance policy which offers a wide range of sum insured options to you and your family members. The plan provides holistic coverage for insurance holders with a maximum entry age of 70 years. With multiple plan features like in-patient hospitalization, maternity coverage, newborn coverage, modern treatment, organ donor cover, and more.

Explore other Oriental Health Insurance

To cater to the different medical needs of an individual & their family, Oriental Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more.Take a look below to Oriental Health Insurance plans explore more:

Group Health Insurance

Oriental Bank Saathi Policy

Oriental Health Insurance Bank Saathi Policy, a group policy by Oriental Insurance Company, is designed to provide indemnity to insured individuals an...

Unique Features

2 Plan Variants
Newborn Baby Cover
Modern Treatment

Oriental Bank Saathi Policy (Pros)

Maternity & newborn cover
Medical second opinion
Mental illness cover

Oriental Bank Saathi Policy (Cons)

Illegal activities
Alcoholism
Adventure sports

Oriental Bank Saathi Policy (Other Benefits)

Tax benefits
AYUSH treatment
Modern treatments

Oriental Bank Saathi Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 25 L

Accident Health Insurance

Oriental Personal Accident Policy

The human body is mortal such that we all can not avoid an accident that could lead us to lose our lives or any part of the body like limbs, or major ...

Unique Features

Covers you globally
Optional medical cover
Accidental loss compensation

Oriental Personal Accident Policy (Pros)

Accidental death
Injury
Permanent total disability

Oriental Personal Accident Policy (Cons)

Obesity
Illegal activities
Cosmetic Procedures

Oriental Personal Accident Policy (Other Benefits)

Permanent partial disability
Temporary total disability
Worldwide accidental cover

Oriental Personal Accident Policy (Eligibility Criteria)

Individual and Family Health Insurance

Oriental Happy Family Floater Policy

Oriental Family Floater Policy offers versatile coverage options to their policyholders. Oriental Health Insurance designed the plan to align with dif...

Unique Features

International Cover
Multiple Discount Benefits
E-Consultation Available

Oriental Happy Family Floater Policy (Pros)

Domiciliary hospitalization
Pre and post-hospitalization
Newborn baby expenses

Oriental Happy Family Floater Policy (Cons)

Illegal activities
Alcoholism and drug abuse
Obesity

Oriental Happy Family Floater Policy (Other Benefits)

Tele consultation
Telemedicine
Accidental death benefit

Oriental Happy Family Floater Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 years
Initial waiting period: 30 days
Sum Insured: Up to 50 L

Individual and Family Health Insurance

PNB Oriental Royal Mediclaim Insurance Policy

PNB Oriental Royal Mediclaim policy introduced by Oriental Health Insurance provides comprehensive coverage to the account holders of Punjab National ...

Unique Features

Individual and Family Floater
AYUSH Cover
Check the Eligibility Criteria

PNB Oriental Royal Mediclaim Insurance Policy (Pros)

Covers family
High sum insured
Ambulance cover

PNB Oriental Royal Mediclaim Insurance Policy (Cons)

Illegal activities
Alcoholism and drug abuse
Obesity

PNB Oriental Royal Mediclaim Insurance Policy (Other Benefits)

Pre and post-hospitalization
Multiple variants
Daily hospital cash

PNB Oriental Royal Mediclaim Insurance Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 79 Years
Initial waiting period: 30 Days
Sum insured: Up to 10 L

Individual

Individual Mediclaim Policy

Oriental Individual Mediclaim by Oriental Health Insurance is an affordable health insurance policy that is designed to take care of all your medical ...

Unique Features

AYUSH Benefits Covered
Inclusions and Exclusions
Lifetime Renewability

Individual Mediclaim Policy (Pros)

Family discount
Voluntary co-payment
Daily hospital cash

Individual Mediclaim Policy (Cons)

Alcoholism and drug abuse
Obesity
Cosmetic procedures

Individual Mediclaim Policy (Other Benefits)

Personal accident cover
Medical second opinion
Multiple SI options

Individual Mediclaim Policy (Eligibility Criteria)

Min entry age: 18 Years
Max entry age: 65 Years
Initial Waiting Period: 30 Days
Sum Insured: Up to 50 L

Oriental Insurance Bank Saathi Policy: FAQs

1. What are the sum insured options available under the Oriental Insurance Bank Saathi Policy?

There are two plan variants available under the Oriental Insurance Bank Saathi Policy wherein: Plan A - 1 L to 5 L Plan B - 6 L to 25 L

2. Are tax benefits available under the Oriental Insurance Bank Saathi Policy?

Yes, Oriental Insurance Bank Saathi Policy provides tax benefits. All premiums paid towards the health insurance plan are eligible for tax benefits under the Income Tax Act of 1961.

3. Is maternity cover available under the Oriental Insurance Bank Saathi Policy?

Yes, Plan variant B covers maternity expenses under the Bank Saathi Policy.

4. What is the maximum entry age under the Oriental Insurance Bank Saathi Policy?

The maximum entry age available under the plan is 70 years.

5. Is newborn baby cover available under the Oriental Insurance Bank Saathi Policy?

Yes, newborn baby cover is available under the Oriental Insurance Bank Saathi Policy.

Oriental Bank Saathi Policy

Oriental Health Insurance Detailed Review

Oriental Bank Saathi Policy Specifications

Entry Age

Policy Type

Sum Insured

Initial Waiting Period*

Renewability

Policy Term

Choose Your Oriental Bank Saathi Policy

In-patient & Out-patient coverage

Coverage Terms

Alternative Treatments

Emergency Coverage

Wellness Programmes

Limitations

Oriental Insurance Bank Saathi Policy Benefits

Avail Lifetime Renewability

Mental Illnesses Cover

Medical Second Opinion

Maternity & Newborn Cover

Tax Benefits

Oriental Insurance Bank Saathi Policy Premium Table

Plan A

Plan B

Oriental Insurance Bank Saathi Policy Exclusions

Permanent Exclusions

Coverage after Waiting Period

Conclusion

Explore other Oriental Health Insurance

Oriental Bank Saathi Policy (Pros)

Oriental Bank Saathi Policy (Cons)

Oriental Bank Saathi Policy (Other Benefits)

Oriental Bank Saathi Policy (Eligibility Criteria)

Oriental Personal Accident Policy (Pros)

Oriental Personal Accident Policy (Cons)

Oriental Personal Accident Policy (Other Benefits)

Oriental Personal Accident Policy (Eligibility Criteria)

Oriental Happy Family Floater Policy (Pros)

Oriental Happy Family Floater Policy (Cons)

Oriental Happy Family Floater Policy (Other Benefits)

Oriental Happy Family Floater Policy (Eligibility Criteria)

PNB Oriental Royal Mediclaim Insurance Policy (Pros)

PNB Oriental Royal Mediclaim Insurance Policy (Cons)

PNB Oriental Royal Mediclaim Insurance Policy (Other Benefits)

PNB Oriental Royal Mediclaim Insurance Policy (Eligibility Criteria)

Individual Mediclaim Policy (Pros)

Individual Mediclaim Policy (Cons)

Individual Mediclaim Policy (Other Benefits)

Individual Mediclaim Policy (Eligibility Criteria)

Oriental Insurance Bank Saathi Policy: FAQs

1. What are the sum insured options available under the Oriental Insurance Bank Saathi Policy?

2. Are tax benefits available under the Oriental Insurance Bank Saathi Policy?

3. Is maternity cover available under the Oriental Insurance Bank Saathi Policy?

4. What is the maximum entry age under the Oriental Insurance Bank Saathi Policy?

5. Is newborn baby cover available under the Oriental Insurance Bank Saathi Policy?

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Written By: Simran Kaur Vij

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