Oriental Family floater health insurance policy – validity

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


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 ?

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