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What is general insurance
What is General Insurance?

  • General insurance is typically defined as any insurance that is not determined to be life insurance

  • It is called property and causality insurance in U.S. and Canada and Non- Life Insurance in Continental Europe

Types of general insurance
Types of General Insurance

  • Motor Insurance

  • Health Insurance

  • Home Insurance

  • Travel Insurance

Motor insurance
Motor Insurance

  • Insurance purchased for cars, trucks, motorcycles and other road vehicle

  • Covers for the loss or damage caused to the automobile or its parts due to natural and man-made calamities

Health insurance
Health Insurance

  • Health insurance policy provides benefits as a result of sickness or injury

  • Includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment

Home insurance
Home Insurance

  • It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use or loss of other personal possessions of the homeowner

Travel insurance
Travel Insurance

  • Itis insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident, & other losses incurred while traveling, either internationally or within one’s own country.