General Insurance Corporation of India Mediclaim

Could you please give here detailed information about the General Insurance Corporation of India (GIC) ?

General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It is is a wholly owned company of Government of India.

Core Values
Trust and mutual respect
Professional excellence
Integrity and transparency
Commitment
Responsive Service

Domestic Business :

Class:
Capacity:

Property INR
15000 mln. Any one risk

Energy
$ 75 million

Marine
Hull - $ 100 million. any one vessel

Cargo
$ 75 million. Any one policy/sending
Crude Oil
INR 3500 mln. any one policy/sending

Engineering
INR 15000 mln. Sum Insured

Miscellaneous
INR 3500 mln. Sum Insured

Aviation-Hull/Spares- Rotor Wing
INR 20.50 mln. per aircraft

Aviation-Hull/Spares- -Fixed Wing
INR 50 mln. per aircraft

Liability
INR 100 mln. per occurrence

Aviation Treaty – Hull
INR 500 mln.

Spares
INR 250 mln.

Liability
INR 1000 mln.

Contact Detail :
GIC
"Suraksha",
170, Jamshedji Tata Road, Churchgate,
Mumbai - 400 020
India
Tel.: (Board): +91 22 2286 7000
Email: info@gicofindia.com

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Answered By StudyChaCha Member