What is General Insurance and it’s products?
General Insurance is the policy that provides compensation to the insured in case of any uneven event for the insured product. What are the products that come under General Insurance? There are different types of General Insurances . Some of the commonly used policies are: - Motor Insurance: - All the vehicle that comes under the RTO can be insured under the Motor Insurance policy. There are further two categories under this policy. • Private vehicle Insurance • Commercial vehicle Insurance Home Insurance: - All the properties which come under insurable interest, can be insured under home insurance. The damage to the property or its components are compensable by the insurer. Travel Insurance: - Travel Insurance is the party of Insurance that insures you’re travelling, and the components carried. The insurance can be used...
