What is general policy?

What is general policy?

general policy means a policy evidencing a contract the effecting of which constitutes the carrying on of general business of a relevant description; Sample 1. Sample 2.

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.

What is general insurance called in USA?

property and casualty insuranceGeneral insurance typically includes any insurance that is not determined to be life insurance. General insurance is called ‘property and casualty insurance’ in the United States of America and ‘non-life insurance’ in most of Europe.

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