General insurance is insurance for valuables other than our life and health. General insurance covers the insurer against damage, loss and theft of your valuables. The premium and cover of general insurance depends upon the type and extent of insurance. A general insurance policy typically has a period of a few years.

The general insurance sector has 06 public-sector undertakings and rest are in private sector. Of these, 05 companies are standalone health insurance companies. Four of the public sector general insurers carry on multiline operations whereas two (ECGC and AIC) are specialised companies. The key retail products offered by general insurance companies are health, motor, travel and accident insurance.

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