General Insurance provides financial protection against non-life risks such as health issues, accidents, property damage, theft, and travel disruptions. Unlike life insurance, it covers losses that occur due to unforeseen events. These policies are typically short-term and renewable annually. Common types include health, motor, travel, home, and commercial insurance.

General Insurance covers risks other than death, such as medical expenses, car damage, or loss of belongings. It provides compensation only during the policy period and is claim-based. Life Insurance, on the other hand, offers financial support to your family in case of your demise or on maturity. It is a long-term contract and includes both risk cover and savings.

General Insurance protects you from unexpected financial losses due to accidents, illnesses, or property damage. It gives peace of mind by covering expensive bills, legal liabilities, and losses. Some policies also offer cashless services, tax benefits, and hassle-free claims through digital platforms. It’s a smart way to safeguard your lifestyle and assets.

Some types of general insurance are legally mandatory in many countries. For example, motor insurance is compulsory for all vehicle owners. Similarly, businesses may require liability insurance as per regulations. While others like health or travel insurance are not mandatory, they are highly recommended for financial safety and risk management.