United India Insurance

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United India Insurance Company (UIIC) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Chennai, Tamil Nadu, the company has 30 regional offices and more than 1,400 operating offices nationwide, including 511 micro offices, as of 31 March 2023¹. Here are some key points about UIIC:

1. Motor Insurance:
   • UIIC offers motor insurance policies, including coverage for vintage cars certified by the Vintage and Classic Cars Club of India.
   • Vintage cars manufactured before 31 December 1940 receive a 25% discount on Own Damage (OD) rates with Agreed Value Policies².
2. Health Insurance:
   • UIIC provides innovative health insurance products, such as individual plans, family floater plans, senior citizen plans, critical illness plans, and group health insurance.
   • These policies cater to diverse customer segments and offer comprehensive coverage³.
3. Growth and Recognition:
   • Post-nationalization, UIIC has experienced significant growth in revenue and expansion.
   • With over 15,000 employees and 2,086 offices, UIIC serves more than 1.74 crore policyholders⁴.