Who should buy general insurance?

1. 

   kabra
   

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   Joined: Jun '09
   Posts: 12

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   Why should I buy general insurance, what all benefits does it provide?

   Posted 2 years ago #
2. 

   Pooja
   

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   Joined: Jun '09
   Posts: 24

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   Anyone who owns an asset can buy insurance to protect it against losses due to fire or theft and so on. Each one of us can insure our and our dependents’ health and well being through hospitalisation and personal accident policies. To buy a policy the person should be the one who will bear financial losses if they occur. This is called insurable interest.

   Posted 2 years ago #
3. 

   umesh
   

   new member
   Joined: Apr '11
   Posts: 3

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   A general insurance includes all insurance with an exception of a life insurance. Broadly speaking, general insurance does not include any such part of investment and can cover the risk of other economic, natural, political and individual risks. There are general insurance products which are especially for the individuals and include travel, motor, business, health, home, student and such accident insurance.
   One can buy a general insurance policy as a provision in case of any loss that is uncertain. This might come up in the period of normal course of activities. Thus, this insurance cover can rid any burden or tension of the person. This can also be a financial burden which he is suffering following a calamity.

   Posted 9 months ago #
4. 

   Hunneman
   

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   Joined: Jun '11
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   General insurance can cover events like fire, theft and burglary. So if ever things happen like your house getting burn accidentally or your car getting stolen, the insurance provider will be the one responsible to pay you out even to the extent of getting you new car and house as well. This type of insurance can also cover almost everything that is important to you from your life down to your cars and even your health too. If you are thinking of your future, then getting insurance is the wisest decision you should made. Everything in life is unpredictable but insurance will always be at your back.

   Posted 7 months ago #
5. 

   sjumani123
   

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   Joined: Jan '12
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   General insurance includes nearly all insurance activities other than life and health. It can be a Car insurance, travel insurance or property insurance. Insurance is one of the best investments you can make.

   Investment Plans in India
   

   Posted 1 week ago #
6. 

   Jack
   

   junior member
   Joined: Feb '12
   Posts: 5

   Reputation:5

    

   The general insurance has many benefits and advantages in this age where sudden accidents and dangerous diseases can cost millions in a very short time. The basic need is to insure the future from any bad situation.

   Posted 1 week ago #

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