General insurance protects you from fire, burglary, accidents, diseases, theft, accidents etc. This comprehensive category covers all types of insurance but the Life Insurance. Common types are the motor, health, travel, home, and cyber safety insurances. General insurance has many significances.
- Saves your house – House is the most important possession anyone can have. People spend the money from their entire lifetime in building their houses. When some kinds of damages occur to your house, you need to spend additional money. However, when you insure yourself with a general insurance, all the damages related to the natural calamity or unforeseen circumstances will be covered through the insurance plan.
- Financial support for accidents – When you own a car or vehicle, you would want to keep your car safe always. However, you cannot stop the unforeseen circumstances to arrive. To face those situations, you have to prepare yourself for getting