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Types of Insurance

Types of Insurance

What is Insurance? Insurance is the means by which risks of loss or damage can be shifted to another party called the insurer on the payment of a charge known as premium. The party whose risk is shifted to the insurer is known as the insured. The insurer is an organization (Insuranc...

Important Insurance Principles

Important Insurance Principles

Insurance is defined as the equitable transfer of risk of loss from one entity to another, in exchange for a premium. The following are important principles of insurance; Nature of contract: Principal of utmost good faith: Principle of Insurable interest: Principle of indemni...

Help Desk

Help Desk

Submitting a Ticket Request When it comes to getting support from us at NIC GENERAL INSURANCE CO. LTD, submitting a support ticket is one of the best ways to request assistance. To help with this task, it can be helpful to realize the way that our ticketing system works. In this ar...

Help Desk

Help Desk

Submitting a Ticket Request When it comes to getting support from us at NIC GENERAL INSURANCE CO. LTD, submitting a support ticket is one of the best ways to request assistance. To help with this task, it can be helpful to realize the way that our ticketing system works. In this ar...

Popular Knowledgebase Articles
How to Order for a Travel Policy
As a new client to the system Navigate to the my.nic.co.ug portal and sign up for an account see url below How to sign up for an account The page displayed once you sign u...

Credit Limit
WHAT IS CREDIT LIMIT This refers to the maximum outstanding balance you can have on your account without being penalized. It can in simple terms be comparable to a flexible loan...

Agent Sales
Who are Sales Agents? Sales Agents are also known as Securities and Commodities Sales Agents and they basically do business on behalf of individuals, businesses and or organization...

What is the travel cancellation procedure?
You may cancel you policy at least three (3) working days before the policy start date by informing us in writing and providing the following; Completed cancellation form Visa rejection ...

How to pay for motor third party
For one to purchase Motor Third Party Online the following payment options are available Using MTN Mobile money type the following code; *165*4*5*5# press enter and follow the pro...

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