What are general insurance examples?
While life insurance covers the life of a person, general insurance provides cover to other aspects and assets in a person's life, for example, health, car, travel, home, etc.
What is the difference between insurance and general insurance?
A General Insurance policy cover reimburses the insured for a financial loss caused due to certain events as stated in the respective general insurance policy. It gives you peace of mind during loss and covers major portion or total loss.
What is the advantage of general insurance?
General insurance is an insurance product that does not cover the life of an insured or is commonly known as a non-life insurance product.
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