An insurance policy gives you peace of mind. If you get sick, the insurance policy will help make sure you are able to pay your medical bills.
There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.
General liability insurance, or umbrella policy
"Some of the advantages of having a health insurance policy are that if one happens to get sick, they will be covered by their medical insurance. If one is not covered the costs for medical care can be detrimental."
The main objective of general insurance is to provide insurance coverage for non life products. This may vary from medical insurance to fire & burglary, marine insurance, shopkeepers policy, householders policy and so on.
there are two types of insurance 1. Life insurance 2. General insurance
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The amount of coverage and the specifics of coverage will vary from policy to policy. In general liability insurance will cover damages to individuals or entities other than the insured individual. For example, in auto insurance liability insurance will provide for individuals injured in an accident excluding the policy holder.
You need a commercial general liability policy.
Term life insurance protects you for the term of the policy. You are not required to renew each term.
In general, the age of majority in your state will dictate when you are of legal age to buy a life insurance policy on your own. Again in general, you would need to be the same age to sell it.
A Professional liability insurance Policy, as well as a contractors General Liability Insurance policy will provide coverage for the cost of legal defense.
In India, LIC of India sells health policy viz., Jeevan Arogya. But technically, health insurance policy comes within the purview of general insurance. Star Health & Allied Insurance Co.Ltd. in the general insurance sectors sells only Health insurance polcies.