Oriental Family floater health insurance policy – validity

POSTED BY jayripal ON March 24, 2015 9:13 pm COMMENTS (2)

Hi

I am planning to buy Oriental Family Floater policy but Have the following questions:

– How long I can renew this same policy – Lifelong or 65 years?
– As in the documents present on Oriental website it clearly mentioned that continues renewal up to 65 years of age.

– will there be any loading on claim ?

2 replies on this article “Oriental Family floater health insurance policy – validity”

  1. nsabhyankar says:

    From the Medimanage website page on the policy:

    A loading shall be levied on the renewal premium @ 5% for each claim occurred to a maximum of 20% in case of any claims admitted under the policy and where No Claim Discounts has not been accrued or earned.

    When I took this policy, I was told that the renewal is for lifetime. Now it looks like the rules have changed! Should I go for another policy?

  2. Hemanth says:

    as it is mentioned in the documents, you can only renew till 65 years.

    what do u mean by loading on claim ?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today