General Insurance is a policy or an agreement between the policyholder and the insurer which is considered only after realization of the premium. It helps us protect ourselves and the things we value, such as our homes, cars and our valuables from the financial impact of risks from fire, flood, storm, earthquake, theft, accidents and travel mishaps.

Anyone who owns an asset can buy insurance to protect against losses due to fire or theft, and so on. Each one of us can insure our and our dependent’s health and well-being through hospitalization and personal accident policies. Thus, general insurance in India can be put on a must-have list for most individuals, business entities and entrepreneurs alike.