Question

differentiate between life insurance and general insurance​

Answer 1

Life insurance is a contract between the policyholder and the insurance company where the beneficiary is designated to receive stated monetary benefits in case of death of the insured person. General insurance provides cover for risks other than life-risk.

Answer 2

Answer:

Life insurance is a contract between the policyholder and the insurance company where the beneficiary is designated to receive stated monetary benefits in case of death of the insured person. General insurance provides cover for risks other than life-risk. It may ensure your health, car, house, property and other valuables from accidents and disasters.