General insurance provides financial protection against losses or damages other than those covered by life insurance. It includes a wide range of policies such as health insurance, motor insurance, travel insurance, home insurance, and commercial insurance. These policies cover unexpected events like accidents, natural disasters, theft, and liabilities, helping individuals and businesses recover without facing severe financial burdens. Premiums are paid periodically, and in return, the insurer agrees to compensate the policyholder in case of a covered loss.
Unlike life insurance, which provides a payout on death or after a set period, general insurance offers short-term coverage, typically for one year, and can be renewed annually. It plays a vital role in ensuring financial stability and peace of mind by safeguarding valuable assets and mitigating risks. General insurance is essential for individuals, families, and businesses to manage uncertainties and continue functioning smoothly in the face of adversity.
For more information. Please complete this form.
