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National Insurance Co. Ltd.

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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.


2 Insurance Plan available
Motor Policy - Two Wheeler
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Motor Policy - Private Car
  • Covers against third party liability due to accident
  • Cover damages to own vehicle
  • Covers vehicle against fire, explosion, riot, and strike
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Company Trust Note

This Know Your Insurance section covers only those products and sectors that are related to personal finance. The content available here has been collated from existing, publicly available information and are only indicative in nature. They are designed to give the user a general idea of insurers and products. The details given here should NOT be taken as the final word. The user must contact the respective insurer to get full details about any policy or product.

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