NIC General Insurance Company Limited

NIC General Insurance Company Limited
NIC General Insurance Company Limited

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NIC General Insurance Company Limited

NIC General is a wholly owned subsidiary of National Insurance Corporation Limited (NIC). NIC General was incorporated on 3rd March, 2014 and took over the general insurance businesses of NIC in compliance with the legal requirement for separation of insurance businesses under the Insurance (Amendment) Act.

Headquarters

NIC Holdings Ltd
Head Office, NIC Building
Plot 3 Pilkington Road,
P.O. Box 7134 Kampala, Uganda

Phone

+256417-119900 (General)
+256417-119947 (Life)

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured.

Insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party.

Insurance Synonyms: Insure, Assure, Allowance, Coverage, Guarantee, Assurance, Backing, Cover, Indemnification, Provision, Safeguard, Support, Warrant, Warranty, Bond, Indemnity,

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