give that meaning of general insurance
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Insurance contracts that do not come under the ambit of life insurance are called general insurance. ... For this purpose, general insurance products are bought as they provide protection against unforeseeable contingencies like damage and loss of the asset.
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Definition: Insurance contracts that do not come under the ambit of life insurance are called general insurance. ... For this purpose, general insurance products are bought as they provide protection against unforeseeable contingencies like damage and loss of the asset.
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