United India Insurance Company Limited has been recognized as a leader in the business of General Insurance in India. It came into existence in 18th February, 1938 which was much earlier to the nationalization of the General Insurance business in India in 1972. Earlier it was a combination of 12 Indian Insurance Companies, Indian operations of 5 Foreign Insurers, 4 Cooperative Insurance Societies, and the southern region of Life Insurance Corporation of India. The company made rapid progress since nationalization and at present it is held as one of the most trustworthy insurance company in India. With its headquarters in Chennai, India, this insurance company is said to have 20000 offices all over the country. It is also regarded as the largest insurance company in India with more than 21000 employers engaged in its network. Read about insurance companies in india.
United India Insurance Growth and Services
Currently the company claims to have more than 1 crore policy holders from all the major cities as well as towns and villages. It has also set up many innovative micro offices far and wide throughout the nation. In the year 2006, the company was estimated to have a net income of Rs. 250 Crore. This company is a pioneer of insurance in rural India. The Tsumani Jan Bima Yojana has gained lot of recognition and appreciation for covering more than 4.59 lakhs of families in the 4 Tsunami affected states of India. The Investment Information and Credit Rating Agency has awarded United India Insurance with ‘iAAA’ rating for three consecutive years for its efficient and effective financial policies. This insurance company has various products to meet all the requirements of an individual and corporate as well. Read about Kotak Mahindra insurance and Bajaj life insurance.
United India Insurance Products
- Road Safety Package Policy
- Householder Policy
- Janata Personal Accident Policy
- Mediclaim Policy
- Unimedicare Policy
- Gramin Accident Policy
- Fire Insurance
- Marine Insurance
- Motor Insurance
- Industrial Insurance
- Liability Insurance