Can you tell me about the Products and Services offered by National Insurance Company Limited (NICL) for its clients in India?

National Insurance Company Limited (NICL) is a state owned general insurance company in India. It headquartered at Kolkata was established in 1906 and nationalised in 1972.

Its portfolio consists of a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy. Apart from being a leading insurance provider in India, it also serves Nepal.

After nationalisation in 1972, it operated as a subsidiary of General Insurance Corporation of India (GIC). National Insurance Company Limited was spun off as a distinct company under the General Insurance Business (Nationalisation) Amendment Act in 2002.

In April 2004, it signed an agreement with Nainital Bank for distribution of its general insurance products through the bank's branches in Uttarakhand, Haryana and New Delhi.

It has been recognised as one of India's Premium Brands by The Economic Times. The Symbol of Excellence certificate has been awarded to NIC at a felicitation ceremony at Mumbai on 10 February 2017.

Products and Services

NICL has a range of coverage policies targeting different sectors:
• Personal Insurance policies include medical insurance, accident, property and auto insurance coverage
• Rural Insurance policies provide protection against natural and climatic disasters for agriculture and rural businesses
• Industrial Insurance policies provide coverage for project, construction, contracts, fire, equipment loss, theft, etc.
• Commercial Insurance policies provide protection against loss and damage of property during transportation, transactions, etc.