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Notice on Detariff

Dear customer, Insurance Regulatory & Development Authority has announced that the non-life insurers would be free to price their products, except for Motor Third Party Premium risks. That means that the non-life Industry in India would not have any rates under Tariff as, with this announcements, segments of Fire, Motor OD,Engineering & Workmen Compensation has also been detariffed. The wordings, clause and conditions that would apply for the Segments of Insurance of Fire, Engineering, Workmen Compensation, Motor would continue for the Industry and all the insurers would be using them. At United India, we have carried out extensive exercise on coming out with the best rates for our customers in the recently detariffed segments of fire, Engineering, OD portion of Motor and Workmen Compensation. Our Customers would get the price that would be commensurate to the risk profile of the asset to be insured. We have built in attractive rates for those risks, which have better safety features and has better loss experience. Therefore, the customers of United India would be assured of the best terms and conditions that the Industry can offer. For details, please do get in touch with our nearest office. You would not have any problems in finding our offices as we have more than 1300 offices spread across the country. We at United India Insurance, wish our customers a very prosperous 2008. United India Insurance 02/01/2008
 
 
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