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General insurance, also known as non-life insurance, covers a wide range of risks and perils other than those addressed by life insurance. It includes Property Insurance, Marine Insurance, liability insurance, Fire, Stock Insurance, Shop Insurance, and miscellaneous insurance like personal accident and burglary insurance. The importance of general insurance lies in providing financial protection and risk management. It helps individuals and businesses safeguard their assets, comply with legal requirements, manage risks effectively, and enjoy peace of mind by transferring the financial risk to insurance companies. In times of emergencies, such as natural disasters or accidents, general insurance provides essential financial support for recovery and rebuilding.

What is General Insurance?

General insurance, also known as non-life insurance, covers a wide range of risks and perils other than those addressed by life insurance. It includes property insurance, liability insurance, and miscellaneous insurance like personal accident and burglary insurance. The importance of general insurance lies in providing financial protection and risk management. It helps individuals and businesses safeguard their assets, comply with legal requirements, manage risks effectively, and enjoy peace of mind by transferring the financial risk to insurance companies. In times of emergencies, such as natural disasters or accidents, general insurance provides essential financial support for recovery and rebuilding.

What is General Insurance?

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