What is non Life Insurance/General Insurance?

All insurance excluding life insurance falls under general or Non Life insurance. Following are some of the products that fall in non-life category
  • Household Insurance
  • Auto Insurance
  • Business Insurance
  • Health Insurance
  • Travel Insurance Etc

Why you need non-life insurance?

When one has earned and accumulated property, protecting it is prudent. One of the main reasons one should insure assets is to protect themselves against the financial losses likely to occur due to their destruction/ inability to perform. Anyone who owns a valuable asset can buy insurance to protect it against losses due to fire, theft, and so on.

By Law
The law also requires us to be insured against some liabilities. This is to ensure that we can afford to pay compensation in case a liability arises. Once you have insurance, the responsibility of paying the compensation is transferred to an insurance company.

That is, in case we should cause a loss to another person, that person is entitled to compensation (for e.g. the third party auto insurance, which is a compulsory part of the motor insurance we buy).

For more details,please contact your advisor at DB Financial Services.

We Help you with

Apart from stated Insurance Risk coverage: there are many more Insurance policies that can cover your risks. Few of them as below:
  • Travel Insurance
  • Shopkeeper package Insurance
  • Home package insurance
  • Commercial Insurance
    • Jewellers Block Policy
    • Bankers Indemnity Policy
    • Plate Glass Insurance
    • Special Contingency Policy
    • Neon Sign Insurance
    • Multi Peril Policy for L.P.G. Dealers
    • Fidelity Guarantee Insurance Policy
    • Marine Hull Policy
    • Aviation Insurance
  • Liability Insurance
    • Public Liability Policy
    • Products Liability Policy
    • Professional Indemnity Policy
    • Directors and Officers Liability Policy
    • Lift (Third Party) Insurance
    • Employers' Liability Policy
    • Carrier's Liability Insurance
    • Liability Insurance Act Policy
    • Golfers Indemnity Insurance
  • Industrial Insurance
    • Fire and Special Peril Policy
    • Burglary Policy
    • Machinery Breakdown Policy
    • Electronics Equipment Policy
    • Consequential Loss Policy
    • Contractors All Risk Policy
    • Marine cum Erection / Storage cum Erection Policy
    • Advanced Loss of Profit / Delay in Startup Policy
    • Contractor Plant and Machinery Policy