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Question

What are the 4 types of insurance?


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Solution

Various Types of General Insurance are:

  • Home Insurance

As the house is a significant belonging, securing a home with a legitimate home insurance policy is crucial. The policy covers all the household items at a home, and also protects from man-made and natural disasters that might bring about harm or misfortune.

  • Vehicle Insurance

Vehicle insurance gives protection against vandalism, accidents, damages, and robbery. It comes in two structures which are comprehensive and third-party insurance.

  • Travel Insurance

At the point when you travel globally and endure misfortunes as a result of loss of things, trip retraction, or postponement in flight, even cashless insurance can be provided during hospitalization while traveling.

  • Medical coverage

Health care coverage is a crucial instrument for hazard moderation and assists you with managing health-related crises. A medical coverage plan conceals hospitalization costs up to the sum assured.


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