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General Insurance The General Insurance 1 800 771 7758 The General Car Insurance The General Insurance #2131

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General Insurance The General Insurance 1 800 771 7758 The General Car Insurance The General Insurance #2131 Source: general-carinsurance.com

General Insurance The General Insurance 1 800 771 7758 The General Car Insurance The General Insurance #2131
general insurance like fire, marine, motor, accident and other miscellaneous non-life insurance. A general insurance compensates you for financial loss due to liabilities related to your house, car, bike, health, travel, etc. The insurance company promises to pay you a sum assured to cover damages to your vehicle, medical treatments to cure health problems, losses due to theft or fire, or even financial problems during travel.

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Any insurance other than the life insurance is called as general insurance.There are certain principles that guide any insurance contract, the principle of indemnity being one of them. This principle states that the insured should not profit out of the insurance claim, i.e. insurance contract is supposed to return less than or equal to the loss suffered by the insured.

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