Thursday 22 August 2019

General Insurance



Insurance in Pakistan
Insurance
Insurance means an assurance by a company for the compensation of specific loss and damage.
General Insurance 
General insurance is also called non-life insurance. In general insurance all type of insurance products are included except life insurance. 


What is the Importance of Insurance?
Insurance assures us the protection and security. For living the successful and calm life, security and protection plays the most important role because worry-free  mind develop fast and it means without the anxiety of any financial loss and bodily damage. 

General Insurance in Pakistan
General Insurance Includes
  •  Marine insurance
  •  Travel insurance
  •  Motor insurance 
  •  Health insurance
  •  Property insurance

Marine Insurance
Marine insurance protect the goods during transit through sea. It completely cover the needs of clients according to the demands and requirements. 

Travel Insurance
Trips and tours are the part of life and every one of us want to visit different places but with safety. For the safe journey travel insurance become the protective guard in case of emergency and in any accident.

Motor Insurance  
Motor insurance is the most used insurance in Pakistan. Almost all vehicle owners gets motor insurance plan. Motor insurance covers a motor damage and also compensate in case of driver injuries. 

Health Insurance
Health insurance is a medical insurance, which covers all medical expenses in case of any emergency, accident and illness.

Home/Property Insurance
Home or property insurance is the most useful insurance in Pakistan. Home insurance compensate in case of property damage and also have additional coverage's.

Insurance Companies in Pakistan
Mostly insurance companies in Pakistan offer general insurance. So that’s why these companies are called general insurance companies. In these days of advancement only that company win the race which shows utmost care for the clients. 

Best Insurance Companies 
There are 3 best insurance companies in Pakistan. Adamjee insurance, The United Insurance Company of Pakistan Limited and EFU Insurance. These insurance companies are ranked top in Pakistan.

The United Insurance Company of Pakistan Limited
The UIC is general insurance company. The United Insurance Company deals in all non-life insurance services.The most highlighted feature of UIC is after sales services.This feature makes the UIC more prominent and alighted are its vision, mission and aim. 

In Other Words 
General insurance covers our all aspects of life. General insurance acts as a complete package for safe business and healthy life. Insurance products include in general insurance is benefited many people in different fields of life. 

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