Oriental Health
vs
Magma Health

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Oriental Health vs Magma Health

Oriental Health

With the values that says "An Indian Brand, Owned by Indians, Operated by Indians", Oriental Health Insurance started its operations in 1947. The company today has more than 6000 employees and 4,000+ network hospitals across the country.

Magma Health

A well known health insurance company, with more than 4.4 million customer base. It offers comprehensive health insurance to the policyholders at a very low price.

COMPANY DETAILS Edit

Oriental Health

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Magma Health

Rating
Number of health insurance plans and add-ons
Sum insured

Sum Insured

Up to 2 Crores

Sum Insured

Up to 3 CR
Network hospitals

Network Hospital

4000+

Network Hospital

8400+
Claim ratio

Claim Ratio

91.62%

Claim Ratio

94.72%
Solvency Ratio

Solvency Ratio

0.6

Solvency Ratio

2.1
Pan India Presence

Pan India Presence

1,000

Pan India Presence

95
Claim Form

Claim Form

-

Claim Form

-
Waiting Period

Waiting Period

30

Waiting Period

30 days
Group Health Insurance

Group Health Insurance

Oriental Bank Saathi Policy

Group Health Insurance

Accident Health Insurance

Accident Health Insurance

Oriental Personal Accident Policy

Accident Health Insurance

Individual and Family Health Insurance

Individual and Family Health Insurance

Oriental Happy Family Floater Policy
PNB Oriental Royal Mediclaim Insurance Policy

Individual and Family Health Insurance

Magma HDI One Health Insurance Plan
Individual

Individual

Individual Mediclaim Policy

Individual

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Oriental Health Insurance

With the values that says "An Indian Brand, Owned by Indians, Operated by Indians", Oriental Health Insurance started its operations in 1947. The company today has more than 6000 employees and 4,000+ network hospitals across the country.

Group Health Insurance Plans

Group Health Insurance

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)

Oriental Bank Saathi Policy
  • Maternity & newborn cover
  • Medical second opinion
  • Mental illness cover

Oriental Bank Saathi Policy (Cons)

Oriental Bank Saathi Policy
  • Illegal activities
  • Alcoholism
  • Adventure sports

Oriental Bank Saathi Policy (Other Benefits)

Oriental Bank Saathi Policy
  • Tax benefits
  • AYUSH treatment
  • Modern treatments

Oriental Bank Saathi Policy (Eligibility Criteria)

Oriental Bank Saathi Policy
  • Min entry age: 18 Years
  • Max entry age: 65 Years
  • Initial Waiting Period: 30 Days
  • Sum Insured: Up to 25 L

Accident Health Insurance Plans

Accident Health Insurance

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)

Oriental Personal Accident Policy
  • Accidental death
  • Injury
  • Permanent total disability

Oriental Personal Accident Policy (Cons)

Oriental Personal Accident Policy
  • Obesity
  • Illegal activities
  • Cosmetic Procedures

Oriental Personal Accident Policy (Other Benefits)

Oriental Personal Accident Policy
  • Permanent partial disability
  • Temporary total disability
  • Worldwide accidental cover

Oriental Personal Accident Policy (Eligibility Criteria)

Oriental Personal Accident Policy
  • N/A

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

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)

Oriental Happy Family Floater Policy
  • Domiciliary hospitalization
  • Pre and post-hospitalization
  • Newborn baby expenses

Oriental Happy Family Floater Policy (Cons)

Oriental Happy Family Floater Policy
  • Illegal activities
  • Alcoholism and drug abuse
  • Obesity

Oriental Happy Family Floater Policy (Other Benefits)

Oriental Happy Family Floater Policy
  • Tele consultation
  • Telemedicine
  • Accidental death benefit

Oriental Happy Family Floater Policy (Eligibility Criteria)

Oriental Happy Family Floater Policy
  • 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 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)

PNB Oriental Royal Mediclaim Insurance Policy
  • Covers family
  • High sum insured
  • Ambulance cover

PNB Oriental Royal Mediclaim Insurance Policy (Cons)

PNB Oriental Royal Mediclaim Insurance Policy
  • Illegal activities
  • Alcoholism and drug abuse
  • Obesity

PNB Oriental Royal Mediclaim Insurance Policy (Other Benefits)

PNB Oriental Royal Mediclaim Insurance Policy
  • Pre and post-hospitalization
  • Multiple variants
  • Daily hospital cash

PNB Oriental Royal Mediclaim Insurance Policy (Eligibility Criteria)

PNB Oriental Royal Mediclaim Insurance Policy
  • Min entry age: 18 Years
  • Max entry age: 79 Years
  • Initial waiting period: 30 Days
  • Sum insured: Up to 10 L

Individual Plans

Individual

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)

Individual Mediclaim Policy
  • Family discount
  • Voluntary co-payment
  • Daily hospital cash

Individual Mediclaim Policy (Cons)

Individual Mediclaim Policy
  • Alcoholism and drug abuse
  • Obesity
  • Cosmetic procedures

Individual Mediclaim Policy (Other Benefits)

Individual Mediclaim Policy
  • Personal accident cover
  • Medical second opinion
  • Multiple SI options

Individual Mediclaim Policy (Eligibility Criteria)

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

Magma Health Insurance

A well known health insurance company, with more than 4.4 million customer base. It offers comprehensive health insurance to the policyholders at a very low price.

Individual and Family Health Insurance Plans

Individual and Family Health Insurance

Magma HDI One Health insurance policy is a versatile health plan with 5 different plan variants and high-sum insured options ranging between 2 Lakhs t...

Unique Features

  • SI Up To 2 Crore
  • Voluntary Co-pay
  • CI & PA Coverage

Magma HDI One Health Insurance Plan (Pros)

Magma HDI One Health Insurance Plan
  • SI upto 2 Crore
  • Voluntary co-pay
  • CI & PA coverage

Magma HDI One Health Insurance Plan (Cons)

Magma HDI One Health Insurance Plan
  • Global coverage not covered
  • No automatic restoration
  • AYUSH cover not available

Magma HDI One Health Insurance Plan (Other Benefits)

Magma HDI One Health Insurance Plan
  • Lifelong renewality option
  • Give coverage for all medical care
  • Voluntary Co-Pay

Magma HDI One Health Insurance Plan (Eligibility Criteria)

Magma HDI One Health Insurance Plan
  • Minimum: 18 Years Children: 91 Days to 26 Years

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.