General insurance, also known as non-life insurance, is a type of insurance that provides coverage for a wide range of risks and perils, excluding life insurance. It offers financial protection to individuals, businesses, and organizations against unexpected events and losses.
Under general insurance, there are several categories or types of insurance policies that cover specific areas of risk. Here are some common categories under general insurance:
Covers own vehicle damage, third-party liabilities, theft, and fire.
Provides coverage for property damage caused by fire, lightning, or explosions. It can be extended to cover other risks such as earthquakes or floods.
This category includes insurance policies that protect against damage or loss of property, such as homes, buildings, and personal belongings.
Covers legal liabilities arising from third-party injury or property damage occurring on the insured's premises or due to their business activities.
Covers employers against legal liabilities in case of injuries, illnesses, or death of employees during employment.
Provides protection against loss or damage to goods while being transported from one location to another by road, rail, or air.
Covers loss or damage to ships and cargo during transportation via sea, inland waters, or air.
Protects aircraft against damage and provides liability coverage for damage to third parties and passengers.
Covers contractors for damage to the construction project, machinery, or equipment, and third-party liabilities during the project period.
Provides coverage for the sudden and accidental breakdown of machinery or equipment.
Covers employers against losses due to fraudulent acts committed by employees.
Protects professionals (e.g., doctors, lawyers, architects) against claims for losses arising from errors, omissions, or negligence in their services.
Covers the cost of replacing windows and doors in case of accidental breakage or damage.
Provides coverage for loss of money in transit, at the business premises, or while stored in a safe, due to theft or other covered risks.
Covers the insured against liabilities arising from harm or damage caused by defective products they manufacture or sell.
Provides compensation for injuries, disability, or death caused by an accident. It covers medical expenses, loss of income, and death benefits.
Offers protection against loss or damage to property due to politically motivated events, including riots, terrorism, or civil commotion.
Covers farmers against losses arising from natural disasters, pests, or diseases affecting crops and livestock.
Provides compensation for loss of income or profits due to interruption of business operations caused by damage to physical property (e.g., due to fire).
Protects businesses from reduced profitability following an insured peril, typically covering operational expenses until normal operations resume.
The availability and specific coverage of general insurance policies may vary between providers and regions. Our insurance professionals are here to help you find the perfect coverage for your unique needs.