General Insurance comprises of a gamut of insurances that provide specific covers to the insured against specific forms of eventualities. The most important reason to get general insurance is to protect your valuable assets and your health against any kind of financial loss.
What is General Insurance?
Insurance can be widely segregated in three categories–life, health and general. General insurance is insurance for valuables other than our life and health.
General insurance covers the insurer against damage, loss and theft of your valuables. The premium and cover of general insurance depends upon the type and extent of insurance. A general insurance policy typically has a period of a few years.