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what is general insurance? name 5 types of general
insurance.
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Answer Posted / rishikesh
Insurance provides protection against some of the economic
consenquences of loss. insurance is contract between two
parties, insured agrees to pay a cretian premium amount for
a fixed term, onthe otherhand insurer compensate for any
loss or damage as per the term and conditions.
The types of insurance are
1. Auto insurance
2. Life insurance
3. Health insurance
4. Liability insurance
5. Home insurance
6. Marine insurance
| Is This Answer Correct ? | 11 Yes | 4 No |
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