General insurance is a type of insurance that protects you from financial losses other than life/health. It covers your valuable assets and liabilities against damage, theft, accident, or unexpected events.

✅ General Insurance Includes

1. Motor Insurance

o Covers cars, bikes, commercial vehicles

o Mandatory by law in India

o Covers accident damage, theft, third-party liability

2. Home Insurance

o Covers house structure and contents

o Protection from fire, theft, natural disasters, etc.

3. Travel Insurance

o Covers medical emergencies abroad, trip cancellations, baggage loss, delays

4. Commercial/Business Insurance

o Protects businesses from risks like fire, burglary, liability, machinery breakdown

5. Fire Insurance

o Covers damage to property due to fire, explosion, lightning

6. Marine Insurance

o Covers goods, cargo, and ships during transport

7. Personal Accident Insurance

o Covers accidental death or permanent disability

 Why People Buy General Insurance

· Protects assets (vehicles, homes, businesses) from unexpected losses

· Helps avoid financial burden due to accidents or natural disasters

· Required by law (example: motor third-party insurance)

· Useful for travel or business operations

· Provides peace of mind against unpredictable events