GENERAL INSURANCE

 Insurance contracts that do not come under the ambit of life insurance are called general insurance. The different forms of general insurance are fire, marine, motor, accident and other miscellaneous non-life insurance.

General insurance is a category of insurance that protects assets from any unexpected loss. It is a common term that covers all kinds of non-life insurance. For example, you have a house, and you insure it against fire by taking fire insurance.