General Insurance
India No 1 General Insurance Company Ecu Capital
General Insurance refers to all types of insurance policies other than life insurance. It provides financial protection against losses or damages to assets such as property, vehicles, health, and businesses, arising from unexpected events like accidents, natural disasters, theft, fire, or medical emergencies.
Indemnity Principle: Compensation is provided only to the extent of actual loss
Unlike life insurance, which covers the life of an individual, general insurance policies are typically short-term contracts, renewed annually. They aim to safeguard individuals and organizations from financial risks by compensating them for the actual loss incurred due to insured events.
- Indemnity Principle: Compensation is provided only to the extent of actual loss
Get Talk to Insurance Company
Contact us for more information about our General Insurance services. We're here to help you with all your insurance needs.
