The Oriental Insurance Company offers Oriental health insurance products. The company began operations in September 1947 as a subsidiary of the Oriental Government Security Life Assurance Company and was later handed to the central government in 2003. There are simple processes to be an agent of oriental insurance. So, in this article see the Oriental Insurance Agent Commission Chart 2025.
Oriental Health Insurance Plans:
Table of Contents
Oriental health insurance products can be acquired to provide financial protection against a wide range of medical issues. The Oriental Insurance Company offers the following health plans:
Oriental Happy Family Floater Plan:
The Oriental Happy Family Floater coverage is intended to cover the medical expenses of the entire family.The plan offers sum insured amounts ranging from Rs 1 lakh to Rs 50 lakh and is offered in three types: Silver, Gold, Diamond, and Platinum.
Oriental Mediclaim Insurance Plan (individual):
The Oriental Mediclaim Insurance plan covers an individual’s medical expenses related to the treatment of an injury or disease. The sum insured amount ranges from Rs 1 lakh to Rs 10 lakh.
Oriental Super Health Top-Up Plan:
The Oriental Super Health Top-Up plan offers medical coverage in addition to the standard policy and includes a necessary deductible. The total insured ranges from Rs 3 lakh to Rs 30 lakh, with a deductible between Rs 3 lakh and Rs 20 lakh.
Oriental Health Of Privileged Elders Plan:
The Oriental Health of Privileged Elders (HOPE) plan has been tailored to meet the health needs of older individuals aged 60 and up. The sum insured options for this plan vary from Rs 1 lakh to Rs 5 lakh.
Oriental Dengue Kavach Plan:
The Oriental Dengue Kavach plan is a tailored plan that covers the cost of treating dengue disease. The plan is available for sums covered between Rs 10,000 and Rs 20,000.
How to Become an Agent of Oriental Insurance:
There is a lot of earning potential in this industry, and if you don’t mind putting in some effort, Oriental welcomes you to join its family. The IRDA’s requirements for licensing insurance agents are briefly as follows:
1. Qualifications: If the applicant resides in a place with a population of five thousand or more as per the last census, the applicant must have passed the 12th Standard or equivalent examination conducted by any recognized Board/Institution, or a pass in the 10th Standard or equivalent examination from a recognized Board/Institution if the applicant resides in any other place.
2. Practical Training: The applicant must complete 100 hours of general insurance training at an approved institution. This will be 150 hours for agents pursuing a license in both life and general insurance.
3. Examination: Following completion of practical training, the applicant must pass a pre-recruitment examination administered by the Insurance Institute of India, Mumbai. (Full data are available on the IRDA website, www.irdaindia.org.
If you meet the required criteria, please visit our company’s local office (Divisional Office, Branch Office, or Regional Office). The addresses of our offices are shown on this website. Please approach the Officer in Charge and provide him with an application on plain paper.
Following a preliminary review and brief contact with you, the concerned officer will proceed with your application based on your eligibility. The office would organize training for a modest fee. IRDA sets the license fees (now Rs. 250/-).
Oriental Insurance Agent Commission Chart 2025:
There isn’t much information available about Oriental Insurance agents’ commission charts in 2025, but here is some general information about insurance agent commissions.
Explanation:
- Insurance agents often earn a commission based on the policyholder’s premium.
- The typical insurance commission is around 10%, though this might vary based on the type of insurance and the business.
- For example, comprehensive coverage for a four-wheeler has a maximum commission cost of 15% of the own damage premium.
Example:
Comprehensive coverage for a two-wheeler has a maximum commission cost of 17.5% of the damage premium.
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