General Insurance

What is General Insurance?
General Insurance refers to all types of insurance policies that are not related to life insurance. These plans provide financial protection against losses or damages caused by accidents, natural calamities, theft, fire, medical emergencies, travel issues, and more. It’s a contract where the insurer promises to compensate for the insured’s losses in exchange for a premium.

Unlike life insurance, general insurance policies are typically short-term and need to be renewed every year or as per the plan’s terms.

Types of General Insurance Offered at Shivay Consultancy
🔹 Health Insurance
Covers medical expenses including hospitalization, surgeries, pre- and post-hospital care, and critical illnesses. Plans available for individuals, families, and senior citizens.

🔹 Motor Insurance
Mandatory in India, this includes:

Third-party insurance – covers damages to another person or their property.

Comprehensive insurance – covers your own vehicle, theft, and third-party damages.

🔹 Home Insurance
Protects your house and belongings from risks like fire, theft, earthquakes, floods, and other natural/man-made disasters.

🔹 Travel Insurance
Covers unexpected events while traveling such as trip cancellations, lost baggage, flight delays, and emergency medical care abroad.

🔹 Fire Insurance
Provides coverage against losses caused by fire, lightning, explosion, and related perils. Ideal for homeowners, shops, offices, and factories.

🔹 Commercial/Business Insurance
Specially designed for business owners to protect assets, stock, machinery, and legal liabilities. Suitable for SMEs, traders, and large-scale industries.