All
insurance excluding life insurance comes under general
insurance. General Insurance is, broadly, insurance, which
does not include any investment element, and covers risk of
other natural, individual, political and economic risks. The
general insurance products for individuals include health,
home, travel, student, motor, accident and other business
insurance.
Buying
general insurance policies are a provision in case of any
uncertain loss that might come up during the normal course
of activities. Hence an insurance cover rids you of the
tension and the financial burden that you would suffer in
case of a calamity