Introduction to General Insurance
Insurance contracts that do not come under the ambit of life insurance are called general Insurance. The different forms of general insurance are fire, marine, motor, accident and other miscellaneous non life Insurance.
Six Types of General Insurance
Six general Types of Insurance are given below:
- Motor Insurance
- Health Insurance
- Travel Insurance
- Home Insurance
- Marine Insurance
- Commercial Insurance
SIX TYPES OF INSURANCE ARE FURTHER DESCRIBED BELOW
1.MOTOR INSURANCE
Motor Insurance can be divided into two groups, one is car Four wheeler Insurance and Other is two wheeler Insurance.
2.HEALTH INSURANCE
Common types of health insurance includes, individual health insurance, family floater health insurance, comprehensive health insurance and critical illness insurance. You can go through this Life shield Health Insurance in Nepal , Personal Accident Insurance coverage Rider and view different policies of health Insurance.
3.TRAVEL INSURANCE
Travel Insurance can be broadly grouped into Individual travel policy, Family Travel Policy, student travel Insurance and senior citizen health Insurance.
4.HOME INSURANCE
Home Insurance protects house and its contents in bad time.
5.MARINE INSURANCE
Marine cargo Insurance Covers goods, freight, cargo and other interests against loss or damage during transit by rail, road, sea and/ or air .
6.COMMERCIAL INSURANCE
Commercial Insurance encompasses solutions for all sectors of the industry arising out of business operations.
Comments
Post a Comment
If you have any queries related to life Insurance Feel Free to Comment. I will respond to your message as soon as I get message notification. We will take care of your privacy so don't worry we hate spam too