The general insurance includes property insurance, liability insurance and other forms of insurance. Fire and marine insurance comes under property insurance. Liability insurance includes motor, theft, fidelity and machine insurances to a certain extent. The strictest form of liability insurance is fidelity insurance whereby the insurer compensates the loss to the insured when he is under the liability of payment to the third party.
Types of insurance policies available are:
- Health insurance
- Medi-claim policy
- Personal accident policy
- Group insurance policy
- Group insurance policy
- Automobile insurance
- Worker’s compensation
- Liability insurance
- Aviation insurance
- Business insurance
- Fire insurance policy
- Travel insurance policy