Insurer profile
Ocidental - Portuguese Life Insurance Company, S.A.
Ocidental - Portuguese Life Insurance Company, S.A. · Portugal
Overview
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.
Source29
Products in this market
2
Offer pages
Company details
- 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
- [email protected]
Products from Ocidental - Portuguese Life Insurance Company, S.A.
Motor2
Property5
Homin Home Multirisk Insurance
Home multirisk insurance protecting the building, contents and family civil liability.
Home Loan Multirisk Insurance
Home multirisk insurance required when taking out a mortgage loan, covering the property linked to the credit.
Business Assets Insurance
Property insurance for business assets offered to corporate clients.
Business Protection Multirisk Insurance
Multirisk insurance designed to protect small business premises and operations.
Local Accommodation Insurance
Property insurance tailored for local accommodation (short-term rental) businesses.
Health5
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.
Médis Dental Insurance
Dental health insurance offering full protection for dental care.
Médis Corporate Health Insurance
Group health insurance for companies under the Médis brand.
Médis Corporate Dental Insurance
Group dental insurance for companies under the Médis brand.
Médis Light Corporate Health Insurance
A lighter, lower-cost group health insurance plan for companies under the Médis brand.
Travel2
Life3
YOLO! Life Insurance
A flexible life risk insurance personalized to the client, offering higher capital in life coverages than in death coverage.
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.
Personal Loan Life Insurance
Life insurance associated with a personal loan, protecting payment of instalments in case of death or invalidity.
Financial4
Personal Loan Payment Protection Plan
Insurance covering personal loan instalments in case of unemployment or illness.
Reforma Segura PPR (Retirement Savings)
A retirement savings plan (PPR) offered as a life insurance product to complement pension income.
Financial / Unit-Linked Insurance
Investment-linked insurance products where capital is invested in investment funds, offering higher return potential with associated risk.
PPR Empresas 8th Series (Retirement Savings for Companies)
A retirement savings plan (PPR) product offered to companies for employee benefit programmes.
Other5
Personal Accident Insurance
Personal accident insurance offering protection in the event of death, disability or treatment expenses.
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.
Domestic Employee Work Accident Insurance
Mandatory work accident insurance for domestic employees, based on the declared remuneration.
Third-Party Work Accident Insurance (Employer's Liability)
Mandatory work accident insurance for employers covering their employees.
Employee Benefits Personal Accident Insurance
Personal accident insurance offered as an employee benefit for companies.
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
motor third-party liability insurance from Móbis for the Portugal market, with online purchase and 24/7 assistance.
Last verified Aug 26, 2026
Travel insurance
travel insurance from Ocidental for the Portugal market, with 24/7 assistance.
Last verified Aug 26, 2026