2023 2024 EduVark > Education Discussion > General Discussion


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September 15th, 2017, 11:10 AM
Super Moderator
 
Join Date: Mar 2012
Re: Punch Line of National Insurance Company Ltd

National Insurance Company Limited has a wide framework all finished India. There are 1998 working environments wherever all through the country continue running by 14902 assurance specialists. The system of National Insurance is not confined inside India as they are working in Nepal in addition. National Insurance Company is the second greatest non life scope association in India on the commence of gross direct made premiums or GDWP. Motor Insurance is the greatest portion of India's security promote. National Insurance holds the best bit of the pie in the motor assurance publicize in the midst of all protection organizations in India to the extent GDWP gathered in the current fiscal year of 2015. Beside a gigantic share in motor assurance, national insurance mediclaim approach and national restorative scope schemes moreover have a sensible share in the market.

Being the lead in the North and East zones, the measure of premium enlisted with the National Insurance Company is Rs 11282.64crore in the money related year of 2015. The National Insurance Company enlisted greatest PBT or Profit Before Tax worth Rs 1196.74 crore outperforming its last year's total of 1007.82 crore

National Insurance is the fundamental Public Sector General Insurance Company. Being the most settled, National Insurance has noteworthy perspectives shockingly. National Insurance Company is the foremost protection office which exhibited revamp security things for both common and business ranges.

Products and Services

NICL has a variety of coverage policies targeting different sectors:


• Personal Insurance policies include medical insurance, accident, property as well as auto insurance coverage
• Rural Insurance policies provide protection against natural as well as climatic disasters for agriculture and rural businesses
• Industrial Insurance policies offers coverage for project, construction, contracts, fire, equipment loss, theft, etc.
• Commercial Insurance policies provide protection against loss as well as damage of property during transportation, transactions, etc.

Awards and Accolades

• National Insurance has been acknowledged as one of India's Premium Brands by The Economic Times.
• The Symbol of Excellence certificate had been awarded to NIC at a felicitation ceremony at Mumbai on 10 February 2017.
• The NIC is the backbone of indian insurance which plays a huge role in helping the people across all areas.


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