United India Insurance Company Ltd has entered into an agreement with Honda Motorcycle & Scooter India Pvt Ltd, under which the insurer will provide its services to HMSI's customers at the latter's dealer outlets. Initially, customers will be able to avail themselves of insurance cover for scooters and motorcycles purchased from the outlets. Subsequently, this will be expanded to include other personal lines insurances such as house, personal accident, and health insurance.
As a part of the agreement, United India will provide insurance for new vehicles at competitive rates. Another value addition will be provision of "cashless repairs" at dealer's premises in case of accidents, says a press release from the company. Meanwhile, United India has announced a new health policy. The `Family Medicare Policy' covers family members under a single sum insured, against hospitalisation expenses due to disease or accident. "In other words, the sum insured "floats" over the entire family," says a press release from the insurer.
Source: The Hindu Business Line
Friday, May 30, 2008
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