Investments
General insurance
General insurance is a type of non-life insurance that protects assets from damage or loss. It’s an agreement between a policyholder and an insurer that provides compensation for damages or losses.
General insurance covers non-life assets, such as:
Homes, Vehicles, Health, Travel, Pets, Events.
General insurance can protect against damage and loss from:
Fire, Theft, Burglary, Floods, Accidents, Man-made disasters.
General insurance payments are based on the loss incurred, rather than being a fixed sum as in life insurance. Exclusions are items or conditions that are not covered by the general insurance contract.
General insurance can include products such as: Motor insurance, Travel insurance, Pet insurance, Health insurance, Home insurance.