Download - What is general insurance
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General Insurance
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What is General Insurance?
O General insurance is typically defined as any insurance that is not determined to be life insurance
O 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
OMotor Insurance
OHealth Insurance
OHome Insurance
OTravel Insurance
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Motor InsuranceO Insurance purchased
for cars, trucks, motorcycles and other road vehicle
O 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 InsuranceO Health insurance policy
provides benefits as a result of sickness or injury
O Includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment
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Home Insurance O 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 O 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 one’s own country.
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