Economy, asked by r5asthaasreshmi, 1 year ago

what is life insurance and general insurance ?

Answers

Answered by anupampandey225
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 Anonymous
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