As life goes by, we begin to accumulate a lot of possessions and experiences. These include your home, your vehicles, and your travels. Health is another aspect of life that we hold dear. While one cannot predict when something can go wrong, it is possible to insure most things we love – whether it is our precious home and the possessions inside it; our dream car or that international trip on our bucket-list. You can also protect yourself financially if a health issue crops up. Yes, we are talking about the various types of general insurance policies – home, motor, health and travel. Let’s take a look at the various features of general insurance policies and their many benefits.
Features and benefits of general insurance
As is evident, there are several different types of general insurance policies; each with their own set of features. Let’s look at each of these.
The following are the main features and benefits of insurance in general with regards to home insurance.
General insurance benefits and features with regards to vehicles such as two and four wheelers include:
Now let’s look at the basic benefits and features of general insurance in case of health insurance.
Travel insurance is also considered a general type of insurance. If you are travelling abroad, you need to invest in a good travel insurance policy that covers you for several things. Travel general insurance advantages and features include: Emergency medical care and hospitalisation in case you fall ill, are in an accident or require urgent medical treatment while you are abroad.
As you can see, there are many general insurance advantages, which is why you must invest in them. While you should always have a valid home, vehicle and health insurance, travel insurance can be purchased a few days before your trip.
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