United India Insurance Company Limited was established in 1938. After independence in 1972, the General Insurance companies in India were nationalized. This was the period when the United India Insurance Company was also restructured. 12 national insurance companies and several co-operative insurance societies were merged with the United India Insurance Company. At the same time, a number of foreign insurance companies providing services in India were also merged with this company. At present United India Insurance Company is operating through 1340 offices. It provides coverage to almost 1 crore customers. Products Offered by United India Insurance Company Limited The products of the insurance company are divided in two types called personal insurance policies and commercial insurance policies. The personal insurance programs provide coverage for a number of things including building, furniture, jewellery, home appliances and many more. These policies provide coverage for accidents and injuries.
It also offers financial assistance to meet the hospitalization expenses.
The commercial insurance policies of United India Insurance Company Limited cover all the risk factors that are related to the industrial sector.
The personal insurance policies of United India Insurance Company Limited include the following:
Personal Accident Policy
The commercial insurance policies of United India Insurance Company Limited include the following:
United India Insurance Company Limited has a number of complex covering programs for some of the major institutions of the country. Some of the major clients of United India Insurance Company Limited are the following:
Tirumala-Tirupati Devasthanam etc
Mumbai International Airport Ltd
GMR- Hyderabad International Airport Ltd
United India Insurance Company Limited played a major role in popularizing the concept of insurance in the rural areas of the country. The company has designed a number of products for the rural people of the country. Some of these products are the following:
National Livestock Insurance
Universal Health Insurance Program (Indian Government’s program)
Tsunami Jan Bima Yojana
Vijaya Raji Janani Kalyan Yojana (running in Madhya Pradesh)
24, Whites Road
Last Updated on : 27th June 2013