General Insurance

Benefits of General Insurance

1) Home Insurance Features

Cover against theft of home appliances, furniture, and other valuables

Cover against damage caused to the house structure, air conditioning, heating, and wiring

2) Motor Insurance Features

Cover against damages caused to the vehicle due to natural calamities like earthquakes, floods, fire and cyclones

Cover against damage caused to the vehicle due to theft, riot, or protest

Compensation for vehicle repairs done at a network garage of the insurance company

24×7 help on the redressal helpline through the insurance provider

3) Travel Insurance Features

Compensation for loss of passport, baggage, delay in flights, and credit card during a trip

Coverage against any unforeseen additional expenses during a trip, accommodation, or medical emergency

Coverage against permanent disability, or accidental death during a trip

Feature of General Insurance



Offers a financial cover against emergencies, hospitalizations, thefts, accidents, and eventualities

Helps adhere to mandatory insurance by the government, like the Motor Insurance Act, of 1988 which makes it mandatory for vehicle owners to get a motor insurance policy

Offers compensation in case of losses during contingencies

Provides tax benefits on premiums paid on particular general insurance plans like health insurance

Faq's for Geneal Insurance



General insurance covers various things like your car, home, health, and travels. It's different from life insurance.

It helps you when unexpected things happen, like accidents or theft. It saves you money in tough times.

It can cover your home against fire or theft, your car from accidents, your health for medical bills, and your trips for cancellations or lost bags.

Think about what you need and how much you can spend. Look at different options, see what they cover, and check what others say about them.

Your age, the value of what you're insuring, how you drive (for car insurance), and how much coverage you want.

Yes, you can change things like coverage or your details. Just talk to your insurance company.

If something happens, call your insurance company right away. They'll tell you what to do, like giving them info or showing them damages.

Yes, many companies give discounts for things like having more than one policy with them, or if you install safety stuff in your home or car.

It's the money you pay to the insurance company for your coverage. You can pay it every month, every few months, or once a year.

- Yes, you can cancel anytime, but there might be fees. Ask your insurance company about it.