General insurance refers to a type of insurance that offers protection against various risks other than life. It provides coverage for assets like homes, cars, businesses, or individuals against potential losses such as accidents, theft, fire, or natural disasters. In short,
general insurance safeguards you from unexpected situations and provides financial assistance to recover from such incidents.
Full definition
Before you purchase car insurance, you must prepare a list of
general insurance companies offering different car insurance policies within your budget.
«Since the cover protects the entire family, there is no need to buy any separate policy,» the chief executive officer
of general insurance company added.
The Rs 60,000 crore
general insurance industry is in crisis as all its vital financial parameters are shaky despite the sector showing a growth of 20 - 25 per cent in premium collection.
A plethora of
general insurance products such as motor insurance, home insurance, health insurance, travel insurance and fire insurance will be offered through the bank's network of branches.
We have a composite model which means we provide a mix of financial solutions
from general insurance, ways to protect people's incomes right through to providing for those retirement years.
All content provided on this Web site is based upon information which we believe to be reliable and should be understood to
be general insurance information only.
This partnership will offer a wide variety of
general insurance plans that will provide protection for various insurance needs, including motor, health, fire etc..
Insurance contracts that do not fall in the domain of life insurance are known
as general insurance.
Car dealerships are being offered commissions of up to 40 per cent by two
leading general insurance companies to ramp up business.
The company has shown its competence and expertise on various
general insurance categories like travel insurance, motor insurance, home insurance, health insurance and many more.
Almost all financial experts say that buying more
general insurance coverage is far wiser than buying policies that pay for only specific expenses, like a mortgage.
At present about 40 per cent of those who visit insurance - related websites are looking for information
on general insurance products and 60 per cent on life insurance products.
For over 20 years, we have been specializing in providing insurance covering employee benefits, medical, life and
general insurance needs.
One of the biggest reasons to choose supplemental fire insurance, whether it's for your boat or your business, is because
many general insurance policies are undervalued.
As other insurance products,
buying general insurance or life insurance online is also convenient and cost - effective at the same time.
Thankfully,
most general insurance policies will ensure different dental coverage is provided either in the form of hospitalization and surgical costs or in the form of personal accident cover.
Collision insurance works best when combined with a
more general insurance policy like comprehensive insurance.
Life insurance is the insurance of a person's life, so if the policyholder dies, his family would be paid the benefit
while general insurance is a non life insurance.
Unlike general insurance contracts, life insurance contracts are generally long term in nature, traditionally bought with a dual purpose of risk cover and long term savings.
For other
retail general insurance policies, the cut - off is sum assured of Rs 10 lakh and above or annual premium of Rs 5,000 and above.
As such, the company specializes in almost all forms of
general insurance barring health and travel insurance but with a different outlook.
The
respective general insurance company will finalize an easy subscriber friendly administration & claim settlement process after consulting with the banks.
Phrases with «general insurance»