The Various Kinds of General Insurance Policies You Can Avail

Insurance policies that do not come under the domain of life insurance are categorized under general insurance. The various kinds of general insurance provided by general insurance companies are motor insurance, fire insurance, health insurance and the likes. Mentioned below are the various insurance policies that are categorized under general insurance:

1. Health Insurance: 

This form of insurance is useful for medical expenses provided through government sponsored or private insurance companies. It can be purchased on a group basis or on an individual basis, as per requirements. Those who are covered are required to pay premium in order to protect themselves from health related expenses.

2. Auto Insurance:

This insurance provides protection to all its customers from risks and other financial losses that are caused by these risks. This type of insurance is divided into two:

• Liability insurance for injuries: This policy is useful for all those times when you undergo bodily injuries. This also protects you from claims by others that may include medical expenses.
•  Property damage liability: This insurance is useful for any damage caused to the property of others that includes equipment as well.

3. Travel Insurance:

This form of general insurance is extremely useful to avail healthcare facility especially during times you are travelling. This form of insurance is also used for medical coverages, accidents, trip cancellations, flight delays, luggage and other issues.

4. Fire Insurance:

One of the main policies covered under general insurance is fire insurance that is useful especially in cases that involve destruction of property and goods due to a fire accident.

5. Miscellaneous:

There are number of miscellaneous policies categorised under general insurance that includes theft, burglary, personal accidents, intellectual rights insurance and others. Businessmen are most profitable if they wish to avail a general insurance along with private owners and other individuals.

Ensure you avail the services of a consultant before picking the perfect insurance policy for yourself or the business. These consultants will assist you in realizing the amount of money you wish to invest.