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i need guidance in insurance, please hy


Annaaz Khan 22nd Dec, 2021
Answer (1)
Prajwal Vishwakarma 22nd Dec, 2021

Hello Annaaz ,

I am assuming that you are talking about general insurance, see general insurance is also known as non-life insurance policies , for example policies including automobile, homeowners policies or to provide payment depending on the loss from a particular financial event .

To elaborate it more , I will tell you the types of general insurance :

1) Motor Insurance : for two wheelers or four wheelers .

2) Health insurance : it also has sub types like common types of health insurance which includes individual health insurance , family floater health insurance , etc .

3) Travel Insurance : it is also divided into several types depending on the type of travel , you pick ( individual or family ) .

Apart from these , there are several other types like home insurance, marine insurance, commercial insurance , accident insurance , fire insurance, crop insurance, live stock insurance, aviation insurance, property insurance, etc .

Also I would like to suggest you that before finalizing any policy , you should read all the terms and condition properly and also compare the policies from different banks .

Hope it helps you ,

Thank you .

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