Create rural infrastructure, insurance will follow: OIC
The Oriental Insurance Company (OIC) was ready extensively cover the country's rural areas provided proper hospital and other infrastructural facilities were set up there, a senior company official said on Wednesday.
By PTI |
COIMBATORE: The Oriental Insurance Company (OIC) was ready to extensively cover the country's rural areas provided proper hospital and other infrastructural facilities were set up there, a senior company official said Wednesday.
The rural masses should have proper access to the medical care and health management, and only then could insurance companies provide necessary coverage, M Ramadoss, Chairman cum Managing Director of OIC, told reporters here.
The company, with no tie up with any of the country's hospitals, was willing to come out with newer health-insurance products for the benefit of rural masses, he said
Ramadoss, here to inaugurate a new regional office, said the company would open another regional office in Nagpur during this financial year.
The company, the second largest among India's non-life insurance companies, has targeted Rs 4,250 crore as premium collection during this fiscal, as against Rs 3,610 crore in 2005-06, Ramadoss said.
The rural masses should have proper access to the medical care and health management, and only then could insurance companies provide necessary coverage, M Ramadoss, Chairman cum Managing Director of OIC, told reporters here.
The company, with no tie up with any of the country's hospitals, was willing to come out with newer health-insurance products for the benefit of rural masses, he said
Ramadoss, here to inaugurate a new regional office, said the company would open another regional office in Nagpur during this financial year.
The company, the second largest among India's non-life insurance companies, has targeted Rs 4,250 crore as premium collection during this fiscal, as against Rs 3,610 crore in 2005-06, Ramadoss said.
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