Title: General Insurance And It’s Types
1General Insurance And Its Types
Presented By- General
Insurance
2The general insurance policy provides wide range
of insurance products that protects your
expensive assets against unfortunate events that
damage or harm the policyholder or its property.
Some expected types of unfortunate events that
can harm or damage your property are accidents,
natural or man-made calamities. The General
Insurance policy in India is the highest selling
product in the Indian insurance market. Home
insurance, Motor insurance, Travel insurance and
Health insurance plans are the different types of
the insurance policy provided under general
insurance category. Let us check the benefits
provided under a different general insurance
products below Travel Insurance Travel
insurance policy provides protection against an
unfortunate event that can add extra expenses to
your trip. For example trip cancellation or
delay, loss of baggage or passport or sudden
illness. It can cause extra expenses due to
additional accommodation charges incurred due to
trip cancellation, delay or sudden illness.
3Health Insurance Health insurance policy covers
the costs of expensive medical treatments. It
provides financial assistance in case the
policyholder meets medical emergency. The policy
pays off the treatment cost and other expenses
like ambulance charges, medicine expenses and
much more. Motor Insurance Motor insurance
includes two types of insurance plans under Car
insurance and bike insurance policy. There are
comprehensive insurance policies which provide
multiple coverages and protect the policyholder
and its property against any damage or loss. It
covers the expenses incurred due to third party
liability, personal accident and damage to the
own vehicle. Home Insurance Home insurance
plans provide protection against damage or loss
incurred due to natural or man-made activity. For
example, it covers the expenses incurred due to
natural calamities such as flood, earthquake,
cyclone, lightening and flood.
4Lets discuss about the one best general
insurance company Oriental Insurance The
Oriental Insurance Company was established on
12th September 1947 in Bombay. The Company is a
subsidiary of the Oriental Government Security
Life Assurance Company and is successfully
running the General Insurance business in the
insurance market. The head Office of Oriental
insurance is located in New Delhi. It has more
than 1800 Offices in various cities of the
country. It operates in another country like
Nepal, Kuwait, and Dubai. With the rising risk of
unfortunate, unpredictable events in the form of
illnesses or accidents, disasters that can result
in emergencies the oriental insurance come up
with different kinds of policy that protect the
policyholder and its expensive assets like home,
car, etc.
5Read the full story here http//www.imfaceplate.
com/generalinsurancepb/know-general-insurance-and-
its-benefits