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General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance.

Benefits of General Insurance

  • Financial Security of Life and Assets in case of an unexpected future event.
  • Tax Relief by way of deductions from Income, which lowers tax burden.
  • Encourages saving and helps in Financial Planning for the Future.