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The insurance contracts that do not come under the scope or extend of life insurance are known as General Insurance. The general insurance policy offers payment to the insurer based on the loss suffered by him/her from a specific event other than death. The term of general insurance policy is generally not long as life insurance. General insurance policies are annual contracts, but some long-term policies are also available.

Different Types of General Insurance:

• Vehicle
• Fire
• Accident /Mediclaims
• Travel
• Home Insurance
• Marine

Why do you need General Insurance?

• To cover vehicle damage costs
• To secure property and business
• To cope with rising medical inflation