The insurance sector came into existence in 1800 (approx.) and changed the structure of bearing a load of an unwanted event. Insurance companies have helped many families by delivering financial and legal assistance. General Insurance is the company’s branch under which all the non-life insurance segments exist. In other words, general insurance is the sector that focuses on the assets insured. For example, vehicles, companies, employees, travel, health, home and so on.

An insurance company charges an amount to insure an insurable interest. All the products or assets that can be insured are known as insurable interest. Several products can be insured by the insurance company. In general, there are a few insurances that are common among us. Let's have a quick view of the most common general insurance sectors: -

• Motor Insurance - You might hear of a Motor Insurance policy and if you own a vehicle, you must buy motor insurance for your vehicle. Because for every vehicle owner motor insurance is compulsory as per the Motor Vehicle Act. For different requirements, the insurance company have different policies as packages. Comprehensive insurance and third-party insurance are common examples of motor insurance.
  

• Home Insurance - In today's world, the security of the home is as important as motor insurance. The future is unstable with the possibility of major disruption that can affect our living patterns. Home Insurance will present security for your home in such requirements.

• Travel Insurance - Travel has become more convenient and flexible with travel insurance. Travel insurance gives assurance to travellers of compensation in case of an accident. This policy also offers security to the belonging of an insured. So, get insured and travel safely

• Personal Accident Insurance - Accidents are common and can be risky for the life. A personal accident insurance policy helps you with the medical billing, partial permanent disability, total permanent disability or in case of accidental death.

For More information Click Here:- https://shriraminsurance.tumblr.com/post/681502623212371968/benefits-of-commercial-vehicle-insurance