📌 What General Insurance Covers

🚗 Motor Insurance

• Covers car, bike, truck damages

• Accident repair, theft, fire

• Mandatory in India

🏥 Health Insurance

• Covers hospitalization & medical bills

• Cashless treatment in network hospitals

• Protects savings during medical emergencies

🏠 Home Insurance

• Covers house & household items

• Protection against fire, flood, theft, earthquake

✈️ Travel Insurance

• Covers medical emergencies while traveling

• Flight delays, lost baggage, passport loss

🏢 Commercial / Business Insurance

• Fire, burglary, machinery breakdown

• Liability and employee insurance

⭐ Key Features of General Insurance

✔️ Short-term policies (usually 1 year)

✔️ Covers accidents, losses, damages

✔️ Claim-based benefit (no maturity value)

✔️ Peace of mind during emergencies

❓ Why General Insurance Is Important

• Sudden events can cause huge expenses

• Helps avoid using savings or taking loans

• Protects family, assets, and business

• Legal requirement (Motor Insurance)

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🆚 Life Insurance vs General Insurance (Quick View)

            Life Insurance                                                                General Insurance

• Covers death & savings                                               Covers loss & damage

• Long-term                                                                       Short-term

• Maturity benefit                                                            Claim-based only

📝 Simple Example

If your car meets with an accident and repair costs INR 50,000, motor insurance pays the amount (as per policy terms). Without insurance, you pay from your pocket.