What is General Insurance?

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General Insurance
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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

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Types of General Insurance

• Motor Insurance
• Health Insurance
• Home Insurance
• Travel Insurance

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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

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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

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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

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Travel Insurance

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

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