Insurer profile
Ocidental - Portuguese Life Insurance Company, S.A.
Ocidental was founded in 1987 and pioneered bancassurance in Portugal in partnership with what is now Millennium bcp; it is part of Grupo Ageas Portugal and is described as the largest bank-channel insurance seller in Portugal, offering a broad range of Life and Non-Life solutions for families and businesses.
Source- Legal entity
- Ocidental - Portuguese Life Insurance Company, S.A.
- Headquarters
- Praça Príncipe Perfeito 2, 1990-278 Lisbon, Portugal
- Parent group
- Ageas (Grupo Ageas Portugal)
- Regulator
- Insurance and Pension Funds Supervisory Authority (ASF - Autoridade de Supervisão de Seguros e Fundos de Pensões)
- Phone
- +351 210 042 490
- apoioaocliente@ocidentalseguros.pt
- Founded
- 1987
- Last verified
- Aug 26, 2026
Products from Ocidental - Portuguese Life Insurance Company, S.A.
life
YOLO! Life Insurance
A flexible life risk insurance personalized to the client, offering higher capital in life coverages than in death coverage.
life
FORTE! Serious Illness Insurance
Life insurance that pays a capital sum in case of diagnosis of a serious illness, aimed at people aged 50 to 100.
health
Médis Health Insurance
Health insurance sold under the Médis brand giving access to a medical network, consultations, exams and hospitalization cover, issued technically by Ocidental via Millennium bcp.
health
Médis Dental Insurance
Dental health insurance offering full protection for dental care.
property
Homin Home Multirisk Insurance
Home multirisk insurance protecting the building, contents and family civil liability.
property
Home Loan Multirisk Insurance
Home multirisk insurance required when taking out a mortgage loan, covering the property linked to the credit.
motor
Móbis Motor Insurance
Motor insurance covering compulsory third-party liability and optionally own-damage (casco) cover for the vehicle.
motor
Fleet Motor Insurance for Businesses
Commercial motor insurance for company vehicle fleets, distributed via Millennium bcp.
other
Personal Accident Insurance
Personal accident insurance offering protection in the event of death, disability or treatment expenses.
other
Volta Personal Accident (55+)
A version of the personal accident insurance aimed at people aged 55 or over, providing protection in the event of an accident.
other
Domestic Employee Work Accident Insurance
Mandatory work accident insurance for domestic employees, based on the declared remuneration.
pet
Pétis Pet Insurance
Insurance for dogs and cats combining third-party liability for animal-caused damage with veterinary assistance services.
travel
Travel Protection Insurance
Travel and leisure insurance providing 24-hour travel assistance for policyholders.
travel
Viagem ON/OFF Travel Insurance
A pay-as-you-travel insurance that only charges the client while they are travelling.
financial
Personal Loan Payment Protection Plan
Insurance covering personal loan instalments in case of unemployment or illness.
life
Personal Loan Life Insurance
Life insurance associated with a personal loan, protecting payment of instalments in case of death or invalidity.
financial
Reforma Segura PPR (Retirement Savings)
A retirement savings plan (PPR) offered as a life insurance product to complement pension income.
financial
Financial / Unit-Linked Insurance
Investment-linked insurance products where capital is invested in investment funds, offering higher return potential with associated risk.
property
Business Assets Insurance
Property insurance for business assets offered to corporate clients.
property
Business Protection Multirisk Insurance
Multirisk insurance designed to protect small business premises and operations.
property
Local Accommodation Insurance
Property insurance tailored for local accommodation (short-term rental) businesses.
other
Third-Party Work Accident Insurance (Employer's Liability)
Mandatory work accident insurance for employers covering their employees.
liability
General/Operations Civil Liability Insurance
General civil liability insurance covering risks arising from the operation of a business.
other
Employee Benefits Personal Accident Insurance
Personal accident insurance offered as an employee benefit for companies.
health
Médis Corporate Health Insurance
Group health insurance for companies under the Médis brand.
health
Médis Corporate Dental Insurance
Group dental insurance for companies under the Médis brand.
health
Médis Light Corporate Health Insurance
A lighter, lower-cost group health insurance plan for companies under the Médis brand.
cyber
Cyber Risks Insurance for Businesses
Cyber risk insurance for businesses covering losses related to cyber incidents.
financial
PPR Empresas 8th Series (Retirement Savings for Companies)
A retirement savings plan (PPR) product offered to companies for employee benefit programmes.
Regulatory updates
Ocidental - Companhia Portuguesa de Seguros de Vida, S.A. is registered with the ASF (Registo ASF 1124) and is listed among the insurers that communicate Ombudsman recommendations to the ASF under Regulatory Standard No. 7/2022-R. The company has also been party to EU-level litigation on group life insurance contracts linked to bank loans (Court of Justice of the EU case C-263/22 involving Ocidental).
Offer pages
Motor third-party liability
Móbis is a motor third-party liability insurance for the Portugal market with online purchase and 24/7 assistance.
Last verified Aug 26, 2026
Travel insurance
Ocidental is a travel insurance for the Portugal market with no online purchase and 24/7 assistance.
Last verified Aug 26, 2026