Skip to main content

United India Insurance

 

United India Insurance Co. Ltd

United India Insurance Company Limited is one of the oldest general insurance companies of India. The company has variety of insurance products like Fire, Health, Motor, Marine, Industrial, Liability, Miscellaneous, Micro Insurance and Credit Insurance. 

Products offered by United India Insurance Company Limited -
  1. Motor Insurance:- This includes private cars, two-wheelers and commercial vehicles. Basically in Motor insurance, Sum Assured is determined for the car or two-wheelers on Insured Declared Value (IDV) and Insured Declared Value is fixed at the commencement of the each policy year. IDV of the vehicle depends on varies factors like selling price of the brands and models. At the time of renewal of insurance, IDV is adjusted after taking into account the depreciation of the vehicle. Motor Insurance basically covers the damage to vehicle because of Accident, Fire, Burglary house breaking or theft, Terrorist activity, Riot Strike and Malicious Damage, Earthquake, Landslide or work slide. Any damage to accessories will be covered after payment of additional premium. No claim bonus ranging from 20% to 50%, depending upon the previous claim free years is given.

  2. Fire Insurance:- Fire insurance gives protection against the loss or damage caused by Fire. Fire insurance policy covers Building, machinery and accessories, stock and stock in process, contents including furniture. While taking fire insurance policy it is always better to know the exclusions. United India Insurance Company fire policy excludes coverage for earthquake, spoilage loss, over-running short circuit, Pollution or contamination, War or war like operations, Permanent or temporary dispossession by order of Government and Explosion of boilers.

  3. Health Insurance:- Health insurance basically covers the hospitalization expenses which can be categorized as: Individual cover and Family floater cover. Individual policy covers each individual with separate sum insured and family floater policy covers whole family members in one policy with common sum insured. Sum insured option available for health insurance is from 1 Lac to 10 Lacs. United India Insurance Company has Top up and Super Top up policies which are additional policies to existing Health insurance policy. Basically these Top up and Super Top up policy comes into force if the claim amount exceeds the deductible amount.

  4. Other products:- United India Insurance Company has Marine Insurance which covers any loss or damage to goods in transit by rail, sea, road, air or post. United India Industrial policy available for Boiler & Pressure plant policy, Contractors plant & machinery policy, Deterioration of stock, Electronic equipments policy, Machinery breakdown policy, Industrial all risk policy. Some more Categories where United India gives insurance covers are: Liability policy, Micro insurance policy, Miscellaneous policy which covers (Accident policy, social policy, rural policy, travel policy, business policy) and Credit insurance policy.
United India Insurance also has implemented "Universal Health Insurance Programmed" of government of India among the rural people and Vijaya Raje Janani Kalyan Yojana which covers 45 lakhs of woman in the state of Madhya Pradesh.

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. IDFC Tax Advantage (ELSS) Fund

4. ICICI Prudential Long Term Equity Fund

5. Religare Tax Plan

6. Franklin India TaxShield

7. DSP BlackRock Tax Saver Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. HDFC TaxSaver

Invest Rs 1,50,000 and Save Tax under Section 80C. Get Good Returns by Investing in ELSS Mutual Funds Online

Invest in Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Popular posts from this blog

ULIP Review: ProGrowth Super II

  If you are interested in a death cover that's just big enough, HDFC SL ProGrowth Super II is something worth a try. The beauty is it has something for everybody — you name the risk profile, the category is right up there. But do a SWOT analysis of the basket, and the gloss fades     HDFC SL ProGrowth Super II is a type-II unit-linked insurance plan ( ULIP ). Launched in September 2010, this is a small ticket-size scheme with multiple rider options and adequate death cover. It offers five investment options (funds) — one in each category of large-cap equity, mid-cap equity, balanced, debt and money market fund. COST STRUCTURE: ProGrowth Super II is reasonably priced, with the premium allocation charge lower than most others in the category. However, the scheme's mortality charge is almost 60% that of LIC mortality table for those investing early in life. This charge reduces with age. BENEFITS: Investors can choose a sum assured between 10-40 times the annualised premium...

Am you Required to E-file Tax Return?

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   Am I Required to 'E-file' My Return? Yes, under the law you are required to e-file your return if your income for the year is Rs. 500,000 or more. Even if you are not required to e-file your return, it is advisable to do so for the following benefits: i) E-filing is environment friendly. ii) E-filing ensures certain validations before the return is filed. Therefore, e-returns are more accurate than the paper returns. iii) E-returns are processed faster than the paper returns. iv) E-filing can be done from the comfort of home/office and you do not have to stand in queue to e-file. v) E-returns can be accessed anytime from the tax department's e-filing portal. For further information contact Prajna Capit...

Section 80CCD

Top SIP Funds Online   Income tax deduction under section 80CCD Under Income Tax, TaxPayers have the benefit of claiming several deductions. Out of the deduction avenues, Section 80CCD provides t axpayer deductions against investments made in specific sector s. Under Section 80CCD, an assessee is eligible to claim deductions against the contributions made to the National Pension Scheme or Atal Pension Yojana. Contributions made by an employer to National Pension Scheme are also eligible for deductions under the provisions of Section 80 CCD. In this article, we will take a look at the primary features of this section, the terms and conditions for claiming deductions, the eligibility to claim such deductions, and some of the commonly asked questions in this regard. There are two parts of Section 80CCD. Subsection 1 of this section refers to tax deductions for all assesses who are central government or state government employees, or self-employed or employed by any other employers. In...

IDFC - Long term infrastructure bonds - Tranche 2

IDFC - Long term infrastructure bonds What are infrastructure bonds? In 2010, the government introduced a new section 80CCF under the Income Tax Act, 1961 (" Income Tax Act ") to provide for income tax deductions for subscription to long-term infrastructure bonds and pursuant to that the Central Board of Direct Taxes passed Notification No. 48/2010/F.No.149/84/2010-SO(TPL) dated July 9, 2010. These long term infrastructure bonds offer an additional window of tax deduction of investments up to Rs. 20,000 for the financial year 2010-11. This deduction is over and above the Rs 1 lakh deduction available under sections 80C, 80CCC and 80CCD read with section 80CCE of the Income Tax Act. Infrastructure bonds help in intermediating the retail investor's savings into infrastructure sector directly. Long term infrastructure Bonds by IDFC IDFC issued an earlier tranche of these long term infrastructure bonds on November 12, 2010. This is the second public issue of long-te...

Bharat Bond ETF

Top SIP Funds Online   The government of India has paved the way for the launch of India's first corporate bond ETF called as Bharat Bond ETF. Edelweiss Mutual Fund will be managing it. The fund is mandated to invest in AAA-rated bonds of select public sector companies (see the table 'List of constituents and their proportions in the portfolio'). The government has a threefold objective behind launching this product. One, to deepen the liquidity of the Indian debt markets and provide a gateway for easy retail participation. Two, to solve investors' dilemma of picking premium bonds. Lastly, to help the underlying government-owned companies raise funding for their operations. But does it make sense for you, the investor, to invest in it? Lets find out. What is the product? As the name suggests, it is an exchange-traded fund which will be listed on a stock exchange from where its units can be bought and sold post launch. It will have two variants - one maturing in 3 ye...
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now