One crore enrollment forms have been submitted by the end of May, 2015 regarding the Pradhanmantri Bima Suraksha Yojna across the country through Oriental Insurance Company which is fully owned by Government of India. AK Saxena, chairman and managing director of the Oriental Insurance Company, informed this while presiding over the meeting of regional managers who have come across the country in Haridwar.
It may be mentioned that Oriental Company has thirty regional offices and more than two thousand customer offices located across the country. The general insurance company has made its presence abroad at Nepal, Dubai, Kuwait and Qatar too. “Recently, mediclaim policy has been introduced for the sake our clients and customers too. For 2014-15, the company has made the profit of Rs617.33 crore before tax. The company has made its presence regarding Swachh Bharat Abhiyaan, Clean Ganga Mission, relief and rehabilitation of victims of floods that occurred in J&K Assam and Meghalaya,” he said.
Saxena while interacting with the media persons further said that 280 claims amounting to approximately Rs 115 crore has been dispersed as the claim settlement involving the victims of the 2013 disaster that struck Uttarakhand, as insured by the Oriental Insurance Company. Dwelling on Pradhanmantri Bima Suraksha Yojna, he said one can avail the benefits of insurance of Rs two lakhs by paying Rs 12 only per year which ultimately comes to one rupee per month.
Notably, Pradhanmantri Bima Suraksha Yojna was launched on 1st May. Since then, the insurance sector across the country has been experiencing a boom, he added. During the meeting, AK Mittal (GM), P Rama Devi (GM/CFO and IT Head), P Senthil Kumar (GM-HR) and many other regional managers were present.