 General insurance or non-life insurance policies, includes automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is not determined as life insurance. General insurance is basically an insurance policy that protects you against losses and damages other than those covered by life insurance. The main products of general insurance:
(a) Motor Insurance
(b) Fire/House owners/Householders insurance
(c) Personal accident Insurance
(d) Medical and health Insurance
(e) Industrial Insurance
Motor Insurance
Motor insurance is that insurance which provides protection to the owners of motor vehicles. This type of insurance purchased by the owner of a vehicle to cover losses due to traffic accidents or theft. It helps in fair and faster claims settlement and instant on line renewal of your policy. Motor insurance includes all type of vehicles like taxi, auto, car, motorcycle, van etc.
Householders Insurance
The House holder's Insurance Policy provide protection to your house and the various contents in it against a variety of risks. It is a single policy that takes care of a number of risks.
Personal accident Insurance
Accident insurance is beneficial for accident injuries and deaths. Accident Insurance helps protect you and your family from financial hardship if you or a covered family member dies or suffers a serious injury in an accident. The plan can be customized according to the needs of different people. The amount of premium depends on the nature of occupation of the individual.
Medical and Health Insurance
Medical insurances cover the cost of private medical treatments.The policy covers reimbursement of Hospitalisation and all expenses for illness, diseases or Injury.
Industrial Insurance
Industrial Insurance is related with industry issues.The situstions related with injuries and illnesses and pays for approved medical, hospital, and related services essential to an injured worker’s treatment and recovery.
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