General insurance helps us protect ourselves and the things we value, such as our homes, our cars, our valuables, from the financial impact of risks, big and small from fire, flood, storm, earthquake, to theft, car accidents, travel mishaps – and even from the costs of legal action against us. And we can choose the types of risks we wish to cover by choosing the right kind of policy with the features we need.

General Insurance also known as non-life insurance, protects all things we value most like our family and our health, our vehicle, house, and other important valuables. There are multiple reasons why general insurance is considered very beneficial.

In general, insurance works by spreading the cost of unexpected risks among a large number of people in the same region who share similar risks.

With any luck, you will never need to draw on that pool. But if you happen to be one of the unlucky ones affected by an unexpected calamity, perhaps through severe weather or accident, that pool of funds can be used to help you up to the limit you have selected in your policy.