General Insurance provides much-needed
protection against unforeseen events such as accidents, illness,
fire, burglary et al. Read about information on General Insurance
General Insurance provides much-needed protection
against unforeseen events such as accidents, illness, fire, burglary et
al. Unlike Life Insurance, General Insurance is not meant to offer
returns but is a protection against contingencies. Almost everything
that has a financial value in life and has a probability of getting
lost, stolen or damaged, can be covered through General Insurance
policy.
Property (both movable and immovable), vehicle, cash, household goods,
health, dishonesty and also one's liability towards others can be
covered under general insurance policy. Under certain Acts of
Parliament, some types of insurance like Motor Insurance and Public
Liability Insurance have been made compulsory.
Major insurance policies that are covered under General Insurance are:
Home Insurance
Every man has a dream to own a house one day. For an ordinary person it
takes a whole lifetime of savings to build a house. And one cannot
predict a natural calamity like earthquake.
Health Insurance
It is said that a healthy mind resides in a healthy body. Hence it is
very important to stay healthy. These days life is very fast and
stressful.
Motor Insurance
Legally, no motor vehicle is allowed to be driven on the road without
valid insurance. Hence, it is obligatory to get the vehicle insured.
Travel Insurance
Travel and tourism is one of the most fast growing sectors around the
world. With rise in standards of living, more and more people are
embarking on journeys and exploring new places.
