United India General Insurance
Overview United India Insurance Company Limited was incorporated as a Company on 18th February 1938. General Insurance Business in India was nationalized in 1972. 12 Indian Insurance Companies, 4 Cooperative Insurance Societies and Indian operations of 5 Foreign Insurers, besides General Insurance operations of southern region of Life Insurance Corporation of India were merged with United India Insurance Company Limited. After Nationalization United India has grown by leaps and bounds and has 18300 work force spread across 1340 offices providing insurance cover to more than 1 Crore policy holders. The Company has variety of insurance products to provide insurance cover from bullock carts to satellites.
Why United India General Insurance?
UI is a leading General Insurance Company.Formed by the merger of 22 companies, consequent to nationalisation of General Insurance.More than three decades of experience in Non-life Insurance business.They want to provide Insurance protection to all.They ensure customer satisfaction.They function on sound business principles.They help minimise national waste and to help develop the Indian economy.
Why buy insurance on InsureMile online platform?
Because enquiry about insurance quotes, buying of insurance and other transactions are simple, transparent and competitive on InsureMile platform Because InsureMile does not ask you for your phone number or email details, thus you are not harassed by unwanted calls or mail. Because InsureMile will guide you, whenever you need any assistance
Personal Accident Insurance Health Insurance Householders Insurance. Shopkeepers Insurance Travel Insurance. Motor Insurance Fire Insurance Marine Insurance Industrial Insurance Liability Insurance Micro Insurance Credit Insurance
Incurred Claims Ratio
The company holds an Incurred Claims Ratio of 107.06 % for 2016/17. Incurred Claim Ratio is calculated as the net claim settled by an insurer to the net premiums collected in any given year.
The most important differentiator is InsureMile’s ‘Buy A Policy, Feed A Child’ mission. For every policy you buy, InsureMile on your behalf contributes 25 meals to a child. You are thus becoming part of a Social Movement to eradicate hunger among children in India. There is no additional amount to be paid for the social cause. It is part of the premium. You can claim tax benefits for the donation you have made.