Non-life Insurance provides risk cover from loss or destruction of assets created and to provide for unexpected, large expenses that can be a drain on the available income of the individual/business.
Over the years, there has been a steep rise in the cost of medical services thereby making it difficult for people to afford medical treatment. To overcome such a situation, medical insurance, commonly known as mediclaim and health insurance, was introduced on a large scale.
Types of Non-life Insurance products are:
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