General insurance (also called non-life insurance policies) provide payments depending on the loss from a particular financial event. This may subsume automobile, homeowner’s policies, fire, marine, accident and other miscellaneous non-life insurance. General insurance India has various types and is provided by many of the best insurance companies and insurance agents in India.
General insurance typically comprises any insurance that is not determined to be life insurance.
It is called property and casualty insurance in the U.S. and non-life insurance in continental Europe and also in India.
It provides payments depending on the loss from a particular financial event.
1. Health Insurance
Health insurance is a kind of insurance coverage in which the insurer pays for medical and surgical expenses suffered by the insured. This type of insurance compensates the insured for expenses incurred from illness, injury or pays the care provider directly.
Auto Insurance, Motor insurance (also known as car insurance, vehicle insurance or auto insurance) is essentially insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage and bodily injury resulting from traffic collisions and against liability that could also arise thereof.
2. Travel Insurance
Travel insurance is insurance that is essential covers different losses that might be incurred while traveling. This may involve medical expenses, trip cancellation, lost luggage, flight accident, either internationally or domestically.
3. Personal Accidence Insurance
Personal accidence insurance covers the insured against accidental death and disability with personal accidents. Commercial Insurance Commercial insurance is essentially involved property, liability and workers compensation. This insurance covers damages to insured’s business property. And liability insurance covers damages to third parties and worker’s compensation insurance covers on-the-job bodily injuries to insured’s employees.
4. Industrial Insurance
Industrial insurance is essential for work-related injuries and illnesses. It compensates for different medical, hospital and related services requisite for the injured worker’s treatment and recovery. It also provides partial wage replacement for injured workers who are temporarily unable to work.
5. Liability Insurance
Liability insurance protects an individual or business from the risk that they may be prosecuted or held legally liable for something. So this may involve malpractice, injury or negligence.