United India Insurance has tied up with Agriculture Insurance Company and was selling two of the crop insurance products of the company.
Milind Kharat, Chairman-cum-Managing Director of United India Insurance, told The Hindu that it started selling the crop insurance products this year and focussed on the southern States. It had insured 10,000 farmers in Namakkal area in Tamil Nadu. It would expand the sale of crop insurance products on a larger-scale next financial year in other parts of the country too. It would target farmers who had not taken loans from banks.
Further, it had 461 micro offices across the country and planned to increase it to 510 by the end of this fiscal. It involved self help groups and non-governmental organisations for sale of micro insurance products, he said.