General Insurance

General Insurance is the type of insurance which covers the loss and pays compensation against any uncertain financial event. Insuring anything other than human life is called General Insurance. Examples are insuring property like house and belongings against fire and theft or vehicles against accidental damage or theft. Injury due to accident or hospitalisation for illness and surgery can also be insured. Your liabilities to others arising out of the law can also be insured and is compulsory in some cases like motor third party insurance.

Types of General Insurance:

Motor Insurance

Motor Insurance is a wide comprehensive cover designed to provide protection to you & your car. Protection from loss of car or damage to the car – giving a secured driving.

Medical & Health Insurance

Medical & Health Insurance is an insurance policy which is designed to cover the cost of private medical treatment, which can be very expensive, especially with hospitalisation and surgery

Home Insurance

Home Insurance policy provides a cover to the structure and contents of your home from all unforeseen natural & man-made catastrophes.

Travel Insurance

Travel Insurance / Overseas Medi-claim policy is a basic requirement when one travels abroad, either its for business, sight-seeing,shopping or pleasure.

Personal Accident

Personal Accident insurance is an annual policy which provides compensation in the event of injuries, disability or death caused solely by violent, accidental, external and visible events.

Benefits of General Insurance

	Buying general insurance policies are a provision in case of any uncertain loss that might come up during the normal course of activities.
	An insurance cover hence rids you of the tension and the financial burden that you would suffer in case of a calamity.
	The coverage period for most general insurance policies and plans is usually one year, whereby premiums are normally paid on a one-time basis.