Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Get App Open
In App
Open App

LIVE COVERAGE AND VIDEO PARTNERS

Lenovo Tech Today India Prestige Group Acer India ENO

PARTNERS

Tata AIA Life Insurance
Hafele
Motilal Oswal
SMC Global Securities Limited
SBI Life
DSP Mutual Fund
YOU ARE HERE > Moneycontrol > Insurance > Glossary

Insurance

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

International

The insurance sector is classified into Life and Non-life or General insurance
Under Life insurance, an individuals life is covered. In simple terms, the insureds nominee will receive a certain amount of money from the insurance company if the insured individual dies within a specified time.
Under General Insurance, everything is covered. Thus, an individual could insure himself for his health, property, vehicle, travel, office, shop, education and even pets.

FAQs:
Sections