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How General Insurance Can Protect You?

Updated: 9/16/2019
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12y ago

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"General insurance" is the umbrella term used by the insurance industry to describe all policies other than life insurance policies. This includes various types of insurance for individuals as well business policies.

The two most common types of general insurance for individuals are automobile insurance and homeowners insurance, both of which can include property and casualty coverage.

The two most common types of general insurance available for businesses are commercial auto liability and commercial general liability. Other commercial general insurance products include premise liability, professional liability, product liability and operations liability. An increasingly popular commercial product is business interruption insurance that provides the business owner with income should a disaster fall that is covered by other parts of his or her policy.

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When is general liability insurance required?

General liability insurance is required for your business as soon as you have something to protect, whether that be assets, sales, employees, a building, etc. We recommend you buy general liability insurance once you have a location, sales, employees, or anything to lose. GL Insurance helps you protect and defend your business from lawsuits.


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Does every business owner have to have commercial general liability?

It is a good idea to consider purchasing general liability insurance for your business. General liability insurance can protect your business and give you peace of mind.


Does general liability insurance cover theft?

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You should be looking for general liability and errors and ommission insurance.


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Name of general insurance companies in India?

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What is the benefits of general insurance?

We realize it or not, we live with the full risk. Every day, we actually bear the burden of risk upon themselves, their families and our property. We should be able to reduce that risk, either for now or the future. Because that is the case then there is general insurance.Almost the same with life insurance, general insurance bears all things, such as health, wealth, and the other that is not borne by insurance. Many unexpected things can happen in our lives. This is actually the basis for more conscious of the importance of general insurance. Control without the risk of mature, non-impossible events that are not desired in the future force us to gather our possessions from point zero of the damage caused.The scope of general insurance include home insurance, car insurance, travel insurance. Is the difference between life insurance. If insurance covers events that will occur, at any time, like death, general insurance to protect us from things, unexpected, such as natural, accident or fire.So, very real benefits of this general insurance.