2009/10/15

Insurance: General vs Life


Even though I have several family members who are in the insurance industry, I have trouble understanding the different types of insurance. At least before I joined the insurance industry.

Here’s something for the ‘dummies’ who have no idea on insurance.

Basically, there’s 2 main branch of insurance that we encounter in our everyday life.

  1. General Insurance : Insurance for properties, e.g: cars and houses.
  2. Life Insurance: Insurance meant for human life.

More shall be explained in this blog about Life Insurance soon.

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