A wholly owned subsidiary of the Oriental Government Security Life Assurance Company Ltd, the Oriental Insurance Company Limited was incorporated on 12th September 1947, in Bombay city of India (now Mumbai). The main aim behind the establishment of the company was to indulge in the business of General Insurance. It became a subsidiary of Life Insurance Corporation of India in 1956 and continued to serve as such till 1973 (when the General Insurance Business in India was nationalized).
In 2002, after the passage of the Insurance Amendment Bill, Oriental Insurance Company was de-linked from General Insurance Corporation (GIC) of India.
Oriental Insurance has emerged as one of the leading insurance providers in the country.
For different Health Insurance Policies offered visit: Mediclaim in India
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