Question

What are the types of general insurance in india?

Answer 1

1.Health and Critical Insurance
2.Marine and Commercial Insurance

Answer 2

Generally insurance business is
divided in to two main branches;

(a) Life insurance business.

(b) General Insurance business.

Broadly, Insurance may be classified in to following categories

(i) Classification on the basis of nature of insurance. These are as such;

(a) Life insurance
(b) Fire insurance
(c) Marine Insurance
(d) Social Insurance
(e) Miscellaneous Insurance

(ii) Classification from business point of view:
These are as such;

(a) Life insurance
(b) General insurance

(iii) Classification from risk point of view:

These may be classified as follows;

(a) Personal insurance
(b) Property insurance
(c) Liability insurance
(d) Fidelity Guarantee Insurance