United India Insurance Company Review| North Loop Official Blog
North Loop Logo
North Loop
10 Sep 2020

United India Insurance Company Review

thumbnail for United India Insurance Company Review
Credit: North Loop

United India Insurance Company Limited: Background and Overview-

United India Insurance Company is an Indian public sector general insurance company, wholly owned by the government with its headquarters in Chennai, India. It has over 2200 branches across the length and breadth of India. From inception, the company has settled claims of over 6,879,518 and has a very strong network of over 17,410,498 policyholders across the country.

United India Insurance Company offers various number of insurance-related services, ranging from health insurance, motor insurance, personal accident insurance, fire insurance, marine insurance, etc. Policies can also be purchased online with UIIC.
Given below is a list of various Insurance schemes offered-

United India Insurance Company Limited: Policies and schemes

Before dwelling into the various insurance policies and schemes offered by the United India insurance company, let us start by understanding what insurance is.
Insurance is a risk management tool used to protect an insured individual from unpredictable financial risks or contingent losses. The agreement is signed between the two parties over a contract. The insurance company promises to compensate for financial losses that arise, in return for a regular premium paid by the insured individual.
Nowadays, insurance does not only serve the purpose of compensating for financial losses, but can also serve the purpose of an investment with a savings element attached to the same.

Get a zero-balance, no-fee NRE/NRO account with North Loop in 5 minutes

United India Insurance Company: Plans and Policies-

United India Insurance Company offers various schemes and policies for Indians such as United India Health Insurance, motor insurance, personal accident insurance, fire insurance, marine insurance, etc.

  • Arogya Sanjeevani Policy- This Policy provides coverage on an individual or family floater basis, Coverage provided ranges between Rs.1 Lakh to Rs. 5 Lakhs, Policy is meant for persons between the age bracket of 18 to 65 years.

  • Corona Kavach Policy- This Policy provides sum insured for treatment of COVID-19, both on an individual as well as family floater basis, coverage provided from Rs.50,000 to 5 Lakhs, Policy is meant for persons between the age bracket of 18 to 65 years.

  • Family medicare 2014- This Policy provides coverage for all members of the family, With the inclusion of children between 3 months and 18 years, the sum insured ranges between Rs. 2 Lakhs to 10 Lakhs.

  • Revised Individual Health Insurance Policy- This Policy provides coverage between the ages of 18 years and 65 years, coverage ranges between Rs. 2 Lakhs to Rs. 20 Lakhs, pre and post hospitalization expenses covered on a reimbursable basis.

  • United Shramik Seva Policy- This Policy is a group health product meant for corporations, with a minimum group size of 7 employees, provides coverage from Rs. 1 Lakh to Rs. 5 lakh.

  • Gold Policy- This Policy covers all reasonable hospitalization expenses incurred in India for the treatment of illness, injury, or diseases. The policy is meant for persons between the age bracket of 36 years to 65 years. Coverage offered between Rs. 1 Lakh and Rs. 5 Lakhs.

  • Platinum Policy- This Policy covers all reasonable hospitalization expenses incurred in India for the treatment of illness, injury, or diseases. This policy provides coverage from Rs. 1 Lakh to Rs. 10 Lakhs, The policy is meant for persons between the age bracket of 18 years to 35 years.

  • Senior Citizen Policy- This Policy covers all reasonable hospitalization expenses incurred in India for the treatment of illness, injury, or diseases. The policy is meant for persons between the age bracket of 61 years to 80 years. The coverage offered is between Rs. 1 Lakh to Rs. 3 Lakh.

  • Super Topup Plan- This Policy covers average reasonable hospitalization expenses incurred in India for the treatment of illness, injury, or diseases, exceeding the threshold limit. This policy is offered on an individual basis as well as a floater basis.

  • Top-up Plan- This Policy covers average reasonable hospitalization expenses incurred in India for the treatment of illness, injury, or diseases, exceeding the threshold limit. This policy is offered on an individual basis as well as a floater basis. The policy is meant for persons between the age bracket of 18 years to 80 years.

  • UNI Criticare- This policy provides coverage from Rs. 1 to Rs. 10 Lakhs, covering various critical illnesses. The policy is meant for persons between the age bracket of 21 years to 65 years.

  • Uni Group Health Insurance Policy- This policy provides coverage for Pre and Post hospitalization expenses, provides cover for mental illnesses, daycare treatment, domiciliary hospitalization cover, etc.

We can infer that United India Insurance Company Limited offers a broad array of health insurance products, targetted at people across various age groups and providing coverage to a large number of diseases, including COVID-19. The policies offered cater to individuals, families, and corporates but can often put people into a dilemma as to which policy would be the best suited for them.

North Loop offers health insurance as well as life insurance policies for Indians as well as NRIs at minimal premiums yet offering high coverage. The entire sign up procedure is online and approvals happen in a jiffy! So what are you waiting for? Sign up here!

Save money with

No-fee banking, investments, remittances & insurance for the global Indian

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended be advice. You must obtain professional advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax, investment or other professional advice from North Loop or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. All opinions expressed do not reflect the views of North Loop nor are endorsed by North Loop.