What are the two main categories of general insurance?

What are the two main categories of general insurance?

Following are the different types of General Insurances in India: Health Insurance. Travel Insurance. Motor Insurance. Marine Insurance. Home Insurance. Commercial Insurance.

Why is general insurance important?

General insurance helps us protect ourselves and the things we value, such as our homes, our cars and our valuables, from the financial impact of risks, big and small – from fire, flood, storm and earthquake, to theft, car accidents, travel mishaps – and even from the costs of legal action against us.

Is Fidelity Insurance a general insurance?

Fidelity insurance or fidelity bond insurance is a business insurance product that provides protection against business losses caused due to employee dishonesty, theft or fraud. The policy compensates such losses to business owners within the limitations of the policy.

See also  Why is lemonade insurance successful?