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Last updated on: August 7, 2025
The key pain points associated with choosing 1 crore health insurance in India for 2025 include justifying the high sum insured, understanding the layered policy structure, and ensuring inclusion of global and specialized treatment benefits. The featured 1 Crore Health Insurance in India effectively addresses these issues by offering all-inclusive coverage for high-cost treatments, international medical care, critical illnesses, and long-term hospitalization. It is ideal for HNIs, business owners, and families seeking top-tier medical protection without financial limits. The platform enhances user clarity with transparent breakdowns, AI-driven customization based on lifestyle and risk exposure, and expert guidance to ensure maximum return on investment and seamless claims experience.
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Read BioOriental Health Insurance OBC Royal Mediclaim Policy is a leading health insurance product designed to suit the needs of customers of Oriental Bank of Commerce or its merged bank, Punjab National Bank. This plan offers policyholders current healthcare coverage, medical expense reimbursement, and value-added services which are grounded on the fast-changing healthcare landscape in 2025. Knowing about this policy will provide you with an idea of whether it is suitable to your family health coverage requirements, and you will have peace of mind when it comes to increasing medical expenses.
OBC Royal Mediclaim Policy is a partnership between the Oriental Insurance and the former OBC to provide retail and family floater health insurance. The policy is specifically targeted at account holders, staff and their families and offers wide coverage against hospitalization, surgeries, critical illnesses and cashless network benefits.
Introduced to meet the increasing need of wide-ranging and affordable mediclaim products, the plan establishes a safety net of people in both urban and rural India. The policy can be reached by branches and digital platforms, which means that it is accessible to the wide range of customers of the bank.
Did you know? In 2024, more than 30 percent of new health insurance buyers in India bought their policies via bank alliances, indicating an increasing confidence in bancassurance distribution.
It is particularly appropriate to select this policy because healthcare inflation is on the rise in India. The consistent claim settlement history of Oriental Insurance along with the customized benefits to the OBC PNB account holders offers security as well as convenience.
In the event that you are within the combined OBC and PNB network, or want a balanced plan with a reliable customer service, then this policy is one of the best in 2025.
These are the best features and highlights, which are of most importance to customers comparing health plans in 2025:
Other benefits such as health check-ups and daily cash benefits to accompanying persons can also be provided, particularly in the family floater policies.
| Feature | Details |
|---|---|
| Min Entry Age | 18 years (adults), 91 days (children) |
| Maximum Age of Entry | 79 (adult), 25 (child) |
| Sum Insured | 1 lakh to 10 lakhs INR |
| Network Hospitals | 6000+ |
| Pre/Post Hospitalization | 30 days / 60 days |
| Critical Illness Count | 10 to 12 conditions (depends on plan variant) |
| No-Claim Bonus | 5-20 percent of base sum insured (on each claim-free yr) |
| Policy Term | 1 year (lifelong renewable, subject to terms) |
| Waiting Period | 30 days (general), 2-4 years on some conditions |
Expert Insight
According to Dr. Anirudh Rajan, Insurance Consultant, Mumbai, family floaters such as OBC Royal Mediclaim have gained popularity due to the desire of families to have single premium, flexible sum insured and broad and reliable cashless networks.
After being insured under this policy, in case you or your family member is hospitalized, you can enjoy cashless treatment at any of the hospitals listed by Oriental Insurance. Just give your e-card and complete a preauthorization form. The hospital liaises with the TPA (Third Party Administrator) of the insurer and the bills are settled directly without you having to pay upfront (unless it is not covered or the standard deductions).
The policy will provide cover on a variety of medical expenses, including:
This policy, as any other health insurance, has some scenarios that are not covered. Key exclusions:
Your policy wordings should always be read or digital brochures viewed to see the full list of exclusions.
Q: Is there any waiting period on covering pre-existing ailments?
A: Yes, it has a waiting period of 2 to 4 years on pre-existing diseases unless in the case of an accident.
The comparison of pros and cons simplifies the choice on your part.
Did you know? In 2023-2024, Oriental Insurance settled more than 93 percent of health claims within 3 months as per IRDAI.
The policy is aimed at:
In case you are not a banking relationship with OBC PNB, then you might have to open an account to become eligible. This renders the plan a bit exclusive, however, it also implies custom-negotiated pricing and coverage.
By 2025, the process is highly digitized to make it convenient to the customers. You can:
After this, your policy is issued and e-copy sent to your registered email and phone.
It is automatically renewed when configured, or you can log in and renew manually. Grace period is normally 30 days after expiry.
Insider Take
“The digital sale of health insurance increased almost 30 percent in FY2024, and a large number of insureds are willing to compare the features of the policy and the premiums on online platforms before making a final purchase,” says Prachi Jagota, Insurance Comparison Analyst.
It is useful to compare this policy with other health plans in India.
| Feature / Parameter | OBC Royal Mediclaim | Leading Standalone Retail Mediclaim | Employer Group Health Policy |
|---|---|---|---|
| Eligibility | OBC PNB customers | Anyone | Employees only |
| Sum Insured Range | 1-10 lakh | 2-50 lakh | 2-10 lakh |
| Premium on 35YO family | Rs 8,000 | Rs 12,500 | Nil (normally paid by company) |
| Cashless Network | 6000+ hospitals | 7000+ hospitals | 6000+ hospitals |
| Pre-existing Conditions | 2-4 year wait | 2-4 year wait | 0-4 years (variable) |
| NCB | Up to 20 percent | Up to 50 percent | Not generally applicable |
| Maternity Add-on | Some | More | More in some cos. |
| Portability | Restricted | Clumsy | None |
This snapshot reveals that OBC Royal Mediclaim is a good cover to most families at a cheaper premium. But standalone retail plans can be superior when it comes to higher sum insured or advanced wellness features. The employer policies are usually most suitable to young skilled employees who do not have family requirements.
Q: Can I raise the sum insured on renewal?
A: Yes, you can ask to increase sum insured when you renew the policy, depending on your health condition and insurers permission.
The premiums depend on:
To refer to 2025: A floater policy of two adults and one child, 35 years, with sum insured of Rs 5 lakh will cost approx Rs 7500 to Rs 9000 plus taxes, per year. Older ages or bigger sum insured options increase correspondingly.
Online sites offer convenient calculators to give you an estimate of your actual premium in a few seconds so that you can compare this with other company offerings in a single location.
Ravi Kumar, 42, a customer of PNB in Kolkata purchased the OBC Royal Mediclaim Policy in 2022 on the advice of a friend. His wife had to undergo gallbladder surgery in March 2024. Ravi chose to be hospitalized in a listed hospital in a cashless manner and he did not pay anything at the time of admission except some sundry expenses. The process of approval of the claim was fast and the hospital bill of Rs 1.6 lakh was paid directly. Ravi attributes his peace of mind and low out-of-pocket cost to his decision to select this bancassurance product after comparing the features of the products on an insurance comparison site.
Did you know? In 2024, medical inflation in India was averagely 8.5 percent which placed it as one of the three leading markets in Asia in terms of increasing healthcare costs.
The Oriental Health Insurance OBC Royal Mediclaim Policy is a bank-customer oriented health insurance policy with features that suit the Indian family in 2025. With cashless treatment, coverage against critical illness and hospitalization, tax benefits and good premiums, it offers security and convenience to the customers of OBCPNB. Compare online to get best value by evaluating sum insured, premium and eligibility and compare on online platforms before buying.
Q: Is it possible to apply to this policy by non-OBC PNB citizens?
A: No, this is a special plan to the customers of OBCPNB and their families. Standalone mediclaim policies can be considered by non-account holders.
Q: What is the major difference between OBC Royal Mediclaim and a retail health insurance scheme?
A: Royal Mediclaim is a bank tie-up scheme, which is usually cheaper, with limited sum insured and eligibility, whereas retail scheme provides broader cover and is open to all.
Q: Do pre-existing diseases have coverage on the first day?
A: No, in this plan there is a waiting period (typically 2-4 years) on pre-existing diseases.
Q: Do maternity costs include?
A: There are some plan options that have limited maternity benefits as an add on. Read your policy conditions.
Q: Where do I compare OBC Royal Mediclaim with other health insurance plans?
A: Go to trusted online marketplaces where you can compare features, premiums and coverages of many insurance providers in one place and make an informed choice.
Q: Does OBC Royal Mediclaim Policy cover COVID-19 treatment in 2025?
A: Yes, hospitalization because of COVID-19 is covered as per IRDAI guidelines, on terms and conditions of hospitalization coverage.
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Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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