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National Insurance Co. Ltd.

National Insurance Company Limited (NIC) was incorporated in 1906 with its registered office in Kolkata. After the General Insurance Business Nationalization Act was passed in 1972, 21 foreign and 11 Indian insurers were amalgamated with it and NIC became a subsidiary of the General Insurance Corporation of India (GIC), a Government of India-owned entity.

In 2002, after the notification of the General Insurance Business (Nationalisation) Amendment Act, NIC has been de-linked from GIC; at present, it operates as a Government of India undertaking.

NIC is one of the leading public sector non-life insurance companies in India. It has a network of about 1000 offices and more than 16,000 personnel. Its foreign operations are carried out from its branch offices in Nepal and Hong Kong.

National transacts its business in the fire, marine and miscellaneous insurance sectors. It offers more than 180 policies catering to the diverse insurance requirements of its 10 million policyholders.

 


6 Insurance product available
Auto Insurance
  • Covers loss or damage to vehicle
  • Covers vehicle against natural or man-made calamities
  • Provides legal liability arising from accident
  • Cashless claims at specified workshops (insurer-specific)
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Personal Accident Insurance
  • Covers death, permanent total disability, permanent partial disability, and temporary total disability
  • Cumulative bonus for claims-free years
  • Covers medical expenditure for bodily injury
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Health Insurance
  • Covers out-patient treatment
  • Covers cashless hospitalization at network hospitals (insurer-specific)
  • Covers pre and post-hospitalization expenses
  • Coverage for pre-existing diseases
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Travel Insurance
  • Covers against lost baggage, passport, personal accident
  • Covers hospitalization while traveling abroad
  • Covers personal accident while traveling abroad
  • Covers personal liability while traveling abroad
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Householder Insurance
  • Covers both home and content
  • Covers against fire and allied perils
  • Covers content against burglary and  theft
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Shopkeepers Insurance
  • Covers shop against Fire and allied perils Lightning, Explosion and Implosion
  • Covers shop content against theft and burglary
  • Covers baggage related to trade
  • Protect your business from fraud
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39.97 Lakh satisfied customers till Apr 2014
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