Posts Tagged ‘General Insurance’

What Falls Under General Insurance?

Written by Michael on . Posted in General / Other Insurance

Life has its own share of risks and dangers, varying in their improbability. The onus lies on us to realize the seriousness of these potential risk and prepare ourselves. General insurance offers protection against different kinds of hazards in our life and these cover risks related to property, vehicle, lending, money or any other kind of causality except life.  There are different laws and rules relating to general insurance in different states. Get complete and accurate information from your insurer in your state.

The standard lines under the general insurance cover the areas of automobiles, enterprises and property while the excess lines take care of aspects outside the aforesaid features. The purpose is to hand out respective claims with the help of adequate pooling. However, there is usually a short term agreement followed under the insurance and the term extends not more than a year. Annual payment of premiums is another feature.

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The Different Kinds of Business Insurance

Written by Michael on . Posted in Business Insurance 101

Business Insurance has never been so extensive and today one can get coverage for every possible risk in your venture. If you own a business or are setting up one, make sure that you are well aware of the options available in Business Insurance to cover different risks. And, before that, it is essential to take into consideration all specific risks that your business might face. Let us take into consideration the different type of insurances for businesses and what exactly does you should look for.

General Insurance
All business owners look for general liability insurance to take care of claims of negligence or any legal hassles due to accidents or injuries. These policies cover the business and protect it from property damage, cost of lawsuits, medical expenses, settlement bonds, etc.

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