General Insurance Types

What are the types of insurance?   

Updated 27 Feb. 2019

Geri Luciano
@geriluciano | Posted 26 Feb. 2019

Insurance is one of the mandatory things that everyone needs, to lead a happier life. Click here to know more about insurance. It almost eliminates the fear of what if things go wrong. It is because if at all something goes wrong; the insurance company has got your back. There are many types of insurance which can be classified into two main categories. They are life insurance and general insurance. The life insurance can be further classified into term insurance, money back policy, unit-linked insurance, and pension plans. The insurances that come under general insurance are motor insurance, home insurance, health insurance, and fire insurance.