General Insurance & its types.

General Insurance.

General insurance or non-life insurance policy, including  machine and homeowners  programs,  give payments depending on the loss from a particular  fiscal event. General insurance is  generally defined as any insurance that isn't determined to be life insurance. It's called property and casualty insurance in the United States and Canada and non-life insurance in Continental Europe. 

Types of General Insurance.

General insurance can be categorised in to following   
  • Motor Insurance Motor Insurance can be divided into two groups, two and four wheeled vehicle insurance.  
  • Health insurance Common types of health insurance includes individual health insurance, family floater health insurance, comprehensive health insurance and critical illness insurance. 
  •  trip insurance trip insurance can be astronomically grouped into individual  trip policy, family  trip policy, pupil  trip insurance, and  elderly citizen health insurance. 
  •  Home insurance Home insurance protects a house and its contents.  
  • Marine insurance Marine insurance covers goods, freight,  weight, and other interests against loss or damage during conveyance by rail, road,  ocean and/ or air.  marketable insurance 
  • Commercial insurance encompasses  results for all sectors of the assiduity arising out of business operations.  
  • Accident insurance Accidents of different types are possible at any time, at any place and in case of any person or object. Persons and vehicles are more prone to accidents causing injuries and damages.  
  • Fire insurance In order to get the asset, stock or machines  ensured against fire, a offer form is to be filled in and submitted to the insurance company. The insurance company examines the offer with due  respects to  colorful factors and the  journal  quantum of  decoration is fixed.  
  • Theft insurance  
  • Property insurance  
  • Aviation insurance  
  • Livestock insurance 
  • Crop insurance .
We would be further discussing all these in detail in future blogs.
However we Request you to stay tuned for other updates.

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