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Oriental Home Insurance | Householder Plan Review, Benefits, Key Features

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A Home is a place which offers security and affection to you and your loved ones. To ensure complete safety and protection against accidental damages, the Oriental Home Insurance policy provides cover with both to building and its contents. The Oriental Home Insurance is a pre-packaged policy specially designed to cater the need of householders with the flexibility of selecting plans as per insured’s need.

Oriental Home Insurance Policy Review

The Oriental Home Insurance provides security to the your home or Buildings and its content, Jewellery, accidental breakage of glass, and any electrical appliances, etc. Minor damage to your home can ruin your savings as paying for the highly expensive repairs or make your homeless forever. So, enrolling an Oriental Householder Insurance is a wise thing to do. Oriental Householder Insurance is offered by Oriental Insurance to provide financial protection if your home or its contents are damaged. With Oriental Household Insurance, the policyholder can be financially prepared to face any unexpected incidents. The Oriental Home Insurance offers a various plan to protect your property and your liability. The Home Insurance provided by Oriental takes property damage to you or members of your family and legal responsibility for any injuries. The Oriental Householder Insurance policy will help you restore your home safely.

Oriental Insurance Home Product Coverages

Oriental Home Insurance is a property insurance planned to protect you sweet home against damages to the possessions in the home or house itself. The Oriental Householder Insurance policy offers a complete security to the insured in the form of householder Policy. The Householders Policy provided by Oriental Insurance provides protection against accidental damages to you home. The policyholder can buy and renew policies Online. Check the list of Oriental Home Insurance Coverage is available here.

The Oriental Householder Insurance covers the following options below.

  • Fire cover option: The Fire cover provides any loss to the buildings due to fire or any loss of household goods or any earthquake risks due to the fire accident.
  • House Breaking: Under this Oriental Insurance home insurance policy this House Breaking option covers house breaking due to any Theft or Larceny.
  • All Risks- Jewellery & Valuables: If any loss occurs due to any robbery of expensive things like Jewellery/precious ornaments.
  • Plate Glass: The Oriental Home Insurance policy covers an accidental damage of any fixed plate-glass.
More Information on Oriental Home Insurance Policy
  • Domestic Appliances: This Domestic Appliances option includes loss of any household appliances or damages or electrical appliances such as Television or any refrigerator etc. The company will cover the Domestic Appliance Loss in the form replacement value of the same new thing.
  • Personal Computers or Laptops: The Oriental Householder Insurance policy includes the loss of Personal Computers/ Laptops with some exclusions.
  • Pedal Cycle: If any loss occurs due to any Housebreaking or fire and allied perils or Accidental damages are covered under Oriental Home Insurance Policy.
  • Baggage Cover Option: The Any loss of Language due to robbery or misfortune.
  • Personal Accident: This Personal Accident Option covers any death occurs to the policyholder or accidental injury, in that case, the nominee will receive the total sum assured. If any hospital expenses require, then the company will pay weekly compensation the Insured.
  • Public Liability: The public Liability option will cover under Oriental Home Insurance policy.
  • WC Cover Option: There is a WC Cover option for the Oriental Insurance Home Insurance under WC Act.

Check the Oriental Home Insurance Coverage options with Premium rates here.

S.no Type of Cover Option Premium rates
1. Fire Cover Option 0.3/1000
2. House-Breaking
  • Including Theft – 1/1000
  • Excluding Theft – 0.35/1000
3. All Risks including Jewellery and Valuables 8/1000
4. Plate Glass 8/1000
5. Domestic Appliances 2/1000
6. Personal Laptops or Computers 8/1000
7. Pedal Cycle 10/1000
8. Baggage Cover Option 5/1000
9. Personal Accident 0.60 along with 20% Medical Expenses
10. Public Liability 0.4/1000
11. WC Cover Option 8/1000

Oriental Insurance Home Insurance Key Features

Check the Oriental Insurance Householder policy key features here.

  1. Insured can take the Oriental Home Insurance Policy for any accommodation of Pucca construction.
  2. The 15 percent of the sum assured is waived for the purpose of under the Oriental Home insurance for the Section I.
  3. All items having the value of more than 5 percent of the total sum insured as per the Section I-B should be separately specified along with their values.
  4. As per the All Risks Section III any article valued at more than 10% of the sum assured has to be separately specified along with its value.
  5. The valuables and Jewellery kept in the bank locker will also covered on first loss basis.
  6. For gaining coverage as per the more than four sections, 15% discount is allowed. For more than six sections 20% discount is allowed.
  7. The Long term policy for upto four years at the discount rate is also available Under Oriental Home Insurance.
Additional Features of Oriental Householder’s Policy
  1. No upper limit for the sum assured either on contents or building.
  2. The Home Insurance policy carries varying excess applicable to various sections.
  3. Art-work, show pieces may be covered provided Government values with these approved values, and their report is submitted.
  4. Terrorism risk may also include at the additional premium at the option of Insured and sole acceptance of company.
  5. Housing societies having their security arrangement can be given the discount of upto 20 percent for Section II. The Housing communities can also be given Volume Discount.
  6. The discounts may be granted in a manner that the minimum net premium after allowing all discounts should not be less than 50 percent of total gross premium under the policy.
  7. The premium will be loaded by 10% or 25% depending on whether one policy period / two policy years have been affected by claims.

Oriental Home Insurance Exclusions

Check the exclusions of the Oriental Householder Insurance coverage from the following section.

  • Fire Cover option: Loss of money, livestock, securities,  documents, motor vehicle.
  • House Breaking: Loss of livestock, money, securities, motor vehicle, documents.
  • All Risks: The Theft from the car except when stolen while properly locked. Loss caused by mildew, moth, etc.
  • Plate Glass: An Exclusion for Scratches on the glass.
  • Domestic Appliances Including TeleVision: A Loss due to faults existing before insurance policy or for which the manufacturer or supplier is responsible.
  • Personal Computer and Lap Top: Any Loss due to wear and tear faults defects existing at the commencement of the policy, for which the manufacturer is responsible.
  • Pedal Cycle: Any Loss caused by mechanical breakdown.
  • Luggage or Baggage: Any Loss of precious jewellery or cash loss within the municipal limits.
  • Personal Accident: Attempted Suicide or Suicide, death or injury, self -injury resulting from the Insured committing any breach of the law with criminal intent.
  • Public Liability: Any Liability to the family members and the employees.
  • WC: The Liability of public and family members.

Oriental Householder Insurance Plan Buying Process

The Oriental Home Insurance purchasing process is available here. Before buying the Oriental Home Insurance, read the Plan details carefully. The Insured can buy this Oriental Home Insurance Plan in two ways either online or offline. For Online mode refer the Oriental Insurance India Official Website. For offline mode, Visit the nearest Oriental Insurance Branch Office. Here we have provided the documents to buy the Oriental Insurance Plans

  • Proposal Form with the Photograph.
  • Age proof of the assured.
  • Nominee & Assured Address Proof.

Oriental Householder Insurance Plan Buying Procedure

  1. Decide the amount of premium amount insured wish to invest. And also Decide on the Sum Assured amount.
  2. Oriental Advisor will aid you to fill in the application form.
  3. A cheque should draw in favour of Oriental Insurance.
  4. A verification call from Oriental Insurance centre will make once you apply for the policy.

Home Insurance Online Renewal of Oriental Insurance

The Oriental Householder Insurance Renewal is possible in two ways. Either offline or online. For offline renewal of Oriental Home Insurance, insured must visit the Oriental Insurance Branch Office within the grace period. The policyholder should fill the respective forms regarding the Householder’s policy and make a payment. Oriental Householder Insurance Renewal Process through Offline is a time taking process. To make the renewal process easy for you, Oriental Home Insurance company offers Oriental Online renewal option.

Oriental Home Insurance policy renewal through online is an easy process compared to the offline process. The Oriental online renewal option assists the insured to renew your Oriental Home Insurance Policy through online. By using Oriental Home Insurance renewal through online, you can renew the policy at any time any place with simple clicks. Oriental Insurance policies have the policy period of One year. If insured interested in continuing the Home Insurance policy, then She/He can renew the policy every year by Oriental Insurance renewal through online. Check the Contents required for the Oriental Insurance- Home Insurance Renewal.

  • Name of the Policyholder.
  • Policy Document Number.
  • Date of Birth.
  • Mobile Number& Email ID of Policyholder.

Oriental Home Insurance Plans Claim Procedure

The Life Insured can claim the Health Insurance plan offered by Oriental Insurance after the completion of the policy period. In the case of eventual illness of the policyholder, the nominee can claim instead of the assured. The insured need to submit the claim documents to Oriental Insurance Company or a Third Party Administrator (TPA) on the diagnosis of the cancer conditions. Once Oriental Company approves of the claim, the benefit amount payable under the policy will transfer to policyholder’s account through a NEFT payout or transfer. Let us have a glance at the documents required for Claim the Oriental Oriental Endowment Plan here.

  • Original policy Bond / Document.
  • Discharge form.
  • NEFT Payout Form.
  • Cancel check or Bank Passbook xerox.
  • Proof of Accident and Disability.
  • Death certificate ( If in the case of the eventual death of the Life Insured).

Oriental Home Insurance Plan Premium Calculator

Oriental Premium Calculator is to calculate Premium amount for yearly, half-yearly, quarterly and monthly of any Home Insurance policy. You can use the Oriental Insurance Premium Calculator to calculate the New Oriental Rising Star plan premium. The Oriental Maturity Calculator provision helps policyholder to calculate the premium and amount paid to the insured after maturity. Oriental Premium Calculator is useful to calculate their Maturity amount and premium amount.

To make your Home comfortable, Oriental Home Insurance offers a broad range of solutions. If you are looking for a plan that guarantees protection Oriental Home Plans are the best Option for you. Oriental Home Insurance Plan has come up with different insurance plans to assist you in all stages of.

  • Enter Name.
  • Date of Birth.
  • Mobile number and email.
  • Policy term.
  • Sum Assured.