Financial Education
Dec 30, 2020

Example of General Insurance – Family Insurance Against Accidents

There are many examples of general insurance products that we can get from insurance companies. Currently, many insurance companies offer their products to protect our assets or to provide various financial assistance for us.  Some of these insurance companies offer general insurance products.  There are many things that are covered and the branches of general insurance are also very numerous.  For those of you who want to purchase the general insurance products from a certain insurance company, it’s a good idea to know in advance the branches of general insurance.  You will also get more information about an example of general insurance hereby; family insurance against accident.

Branch of General Insurance

There are lots of things that may be covered by the insurance company if you choose the general insurance.  Below you will find information on several branches of coverage that you can choose according to your needs.

  • Property Insurance. This insurance will cover your property from fire, earthquake, industrial risks, and so on.
  • Engineering Insurance. This insurance will provide coverage for civil works, machine installation, construction, electronic equipment, machinery and so on.
  • Motor Vehicle Insurance: will provide coverage if there is damage to your motor vehicle or you experience an incident caused by another party.
  • General insurance for collateral? With this insurance, you can get coverage for tender guarantees, down payments, maintenance, and also execution.
  • Miscellaneous insurance. Included in this insurance is coverage for theft, accident, healthcare, family, travel and so on.

In addition to the branches of general insurance as described above, you can still get some other general insurance.  One that will be discussed here is family insurance against accidents which is also included in general insurance.

About Family Accident Insurance

We never know what will happen to us in the next few hours.  We also certainly want to protect the people we care about, from various unexpected things, especially from accidents.  Therefore, today, many people choose one of the products of general insurance, which is family insurance against accident, to protect their family members.

What would you get when you purchase this insurance? This insurance will provide protection for you, your children, and your wife or husband for 24 hours.  This insurance will also protect you wherever you are and from possible accidents.  You will be covered for an accident that might lead to or result in death, permanent disability or anything else.  Later the insurance company will provide reimbursement for medical expenses and also guarantee the financial condition of you and your family if you or one of your families has an accident.

By utilizing one of these products of general insurance, you will also get some privileges.  You will be able to choose a hospital both domestically and abroad for you or your family members’ medical treatments.  You will also get affordable premiums so that it won’t burden you every year.  Additionally, the premium amount will not change as your age changes.

The compensation provided is substantial and varies depending on the package and also the insurance company that you choose.  You should be careful in choosing an insurance company so that you do not lose money because you might have paid the insurance premium but may not get the coverage that you have expected.


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