General
insurance
Any
insurance apart from the life insurance falls under this category of insurance.
The policy holder itself gets the compensation money instead of the nominee, in
the general insurance. The compensation may happen when there is a loss caused
to him or to the object that is insured which falls under the reasons that are
mentioned in the agreement. This kind of insurance is also called as non-life
insurance.
Miscellaneous
insurance
Lots of
insurances falls under this category. These insurances cover the different
types of risk under the general insurance like burglary insurance, credit
insurance, motor insurance, fidelity insurance, medical insurance, loss of
profit insurance etc. The compensation will be done only for the damage that
falls under the mentioned rules of the agreement. Even there are particular
type of insurance in this like General Liability Insurance for Appliance Repairwhich
covers a particular sector based insurance.
For more information visit website through #businessinsuranceforcaterers.
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