General Insurance
General Insurance is a category of insurance that provides coverage for non-life assets. It protects against financial loss due to unforeseen events such as accidents, theft, or natural disasters. Unlike life insurance, which focuses on life coverage, general insurance covers various aspects of daily living and asset protection.
Types of General Insurance
Health Insurance
- Covers hospitalization expenses, outpatient treatments, and surgical procedures.
- Offers various plans like individual, family floater, and critical illness insurance.
- Provides financial security against unexpected medical expenses.
Motor Insurance
- Protects against damage to vehicles from accidents, theft, or natural disasters.
- Includes two main types: third-party insurance (mandatory) and comprehensive coverage.
- Offers financial security for vehicle repairs and liability for third-party damages.
Home Insurance
- Protects the structure of a home and its contents from damages caused by fire, theft, or natural disasters.
- Covers personal belongings well inside the home, ensuring peace of mind.
- Provides financial protection against loss or damage, safeguarding valuable assets.
