General Insurance And Motor Insurance
Why do people buy general insurance? The answer is simple getting financial
protection for unwanted emergency expenses. And emergencies may be related to
health, travel, accident, assets, vehicles, etc. With an objective to facilitate people live
worry-free life related to expenses incurred in any of the categories aforementioned, a
number of insurance providers have cropped up providing general insurance products.
All products other than life insurance fall under the category of general insurance. So,
you may be having a set-up for manufacturing; equipments used are very expensive.
There can be theft or fire that may ruin your financial stability. In such a case, it is the
related corporate insurance under the general insurance category that will cover all
When we speak of motor insurance, we mean all vehicles including private and
commercial vehicles. With motor insurance, you get cover against damage caused to
your vehicle or third party in case you meet with an accident. In short, you get cover for
your vehicle property, liability, and medical coverage. Property coverage covers to the
damage to or theft of your car or commercial vehicle; liability covers legal responsibility
to others for bodily injury or property damage. To get such an auto insurance contract
signed between you and the insurance company, you will have to pay the said
premium. Do read the terms and conditions before you buy such a policy. Though
benefits covered in car insurance or any other motor insurance are almost the same,
yet you will find certain difference. This difference can be noticed in premium as well.
There can be myriad causes that can lead to damage of your vehicle. This can be
either of natural causes like storm, tempest, inundation, cyclone, hailstorm, fire,
explosion, self-ignition, lightning, hurricane, frost, landslide, earthquake, flood, typhoon,
and rockslide. And there can be man-made causes ranging from accident by external
means, damage in transit, burglary to theft, riot, strike, and malicious act. Motor
insurance generally covers all the aforesaid causes. When you buy your car insurance
or any other auto insurance, which is made mandatory by law, do consider the
company; it should be reliable and fast in responding to any emergencies.
To get the best car insurance, go online and get auto insurance quotes. You can
compare benefits and premium with such a facility. You can also get auto insurance
quotes at the corporate site of your chosen insurance provider.
Roben Williams has shared and recommends his professional opinion about general
insurance, corporate insurance, car insurance, and health insurance companies in
india like l and t insurance etc. He has over 25 years of experience as insurance