Any insurance other than life insurance is a general insurance.
General insurance policies cover all related costs of the insured and his property. For example, the car policy insures you car; auto policy insures any vehicle; the medical policy insures your health, the travel policy insures you against unprecedented events during the travel.
Need general insurance
A general policy cover reimburses the insured for the financial losses incurred as a result of certain events, as indicated in the corresponding insurance policy.
This gives peace of mind during the loss and covers a significant portion or total loss. It depends on the type of policy and the total value of the respective insurance policy.
General Insurance: – Types
Auto Insurance – Driving your own vehicle like a car is one of the most sublime things to do. Anyone who drives a car tends to insure his car. Auto insurance is like long-term insurance covering the various costs of damage that may result from unforeseen incidents. Car insurance is exactly what you need to maintain the luster of your car and avoid the surprising blows on your wallet and your mind!
The auto policy covers the costs of damage that may occur in your car due to accidents.
Driving a car without adequate car insurance is illegal. Therefore, the policy of owning a car is essential to be able to drive your car.
Health insurance: – It covers various health problems and associated medical expenses. Details on the coverage of existing diseases covered and the amount of insured value are indicated in the policy documents.