what is life insurance and general insurance ?
Answers
Answered by
11
General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance.
Answered by
24
♥ Life insurance :- It pays out a sum of money either on the death of a insured person or after a set of period .
♥ General insurance :- Any insurance that is not determined to be a life insurance is called general insurance .
Hope it helps ✌
Shreya ❤
Similar questions