State-owned United India Insurance Company announced the launch of critical care health insurance product known as 'UNI Criticare Policy' which covers 11 critical diseases. The policy targets people in the age group of 21-65 years.
The company recorded a net profit of Rs. 414.41 crores in the first 9 months of the current financial year, which is a 24% increase from the previous financial year.
During the first 9 months of 2011-12, the company collected Rs. 5,872 crores premium showing a rise of 27%.