What are the types of general insurance in india?
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1.Health and Critical Insurance
2.Marine and Commercial Insurance
2.Marine and Commercial Insurance
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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
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
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