General Insurance is defined as any insurance which is not determined as life insurance. There are various types of general insurance. Know about them here.

1. Types of General
Insurance Covers

2. •General insurance is a non-life insurance policy
•It refers to several forms of insurance covers that
last for a particular period of time, mostly a year
•However, some plans might have a long-term
validity

3. MOTOR INSURANCE
• A motor insurance provides coverage for all vehicles like cars, two-
wheelers and trucks, used for both personal as well as commercial
purposes
• A third-party motor insurance has been made mandatory by the
government, which covers the cost of the damage of property or injury,
caused by the driver
• This cover can be extended to accident coverage policy that
compensates for the damages caused to the insured’s vehicle, due to an
accident/collision, theft or vandalism
• The insurance can be further strengthened with a comprehensive
policy, which provides accessories cover, rider insurance and other
such benefits

4. HEALTH INSURANCE
• A health cover takes care of your medical expenses, in case of a
mishappening
• One can buy an induvial insurance for self, chose a family floater
that will include husband, wife, children and/or parents of the
insured or go for a senior citizen plan if he/she is above 60
• There is also a provision to buy add-on covers to these policies,
like a critical illness rider

5. TRAVEL INSURANCE
• Travel insurance secures the insured person against all the things
that can go wrong on a trip, both international and abroad
• It provides compensation and assistance with any hassle related to
flight delays, checked baggage delay or loss, medical emergency,
evacuation due to a political emergency or any personal liability
caused unintentionally

6. HOME INSURANCE
• Home policy pays for the damage of the property and possessions in
case of fire, theft, windstorm or vandalism
• The three basic types of coverages provided under this policy are—
cash value that repays the cost depending on the market value of the
damaged property; replacement cost, which compensates the actual
cost of the property before the damage was caused; and extended
replacement cost that reimburses the cost of the repairs
• You can also buy riders on your home insurance policy
• Royal Sundaram offers a wide range of important add-on offers like
a cover for the jewellery stored in your house, a terrorism damage
cover, etc

7. MARINE INSURANCE
• It negates the loss incurred by businesses during transit of goods by
rail, road, sea or air
• It covers the loss or damage of cargo, ships, and any transport by
which property is transferred
• The cover can be taken by import/export traders, buyers, sellers,
contractors, etc.

8. RURAL INSURANCE
• It is designed for agricultural and rural sector, providing a cover
for—property, crop and livestock, farm liability and worker’s
compensation

9. COMMERCIAL INSURANCE
• It provides aid for business operations, to all sectors like—energy
and utilities, aviation, construction, foods and beverages,
automotive, telecom, textiles, pharmaceuticals and technology; and
of all sizes—small scale, medium, large or multinational.