General Products in the context of insurance refer to a broad range of insurance offerings that cater to various aspects of personal or business needs. These products provide financial protection and risk management across different domains. Here’s an overview of the most common types:

1. Health Insurance

Purpose: Covers medical expenses, reducing the financial burden of healthcare.
Coverage Includes:
Hospital stays, surgeries, and outpatient treatments.
Prescription medications.
Preventive care and wellness checkups.

2. Active – Cancer Secure Plan

Cancer Care Cover:
Early: 50% sum insured, maximum `10 Lakhs,
Major: 100% sum insured,
Advanced: 150% of sum insured
Initial Waiting Period: 90 days (180 days for early stage)
Survival Period: 7 Days
Cancer Cumulative Bonus/ No Claim Discount : – 10% per claim – free year, maximum: 100% of sum insured / No Claim Discount – Applicable on the premium of the expiring policy year provided no claim under the policy

3. Home Insurance

Purpose: Protects homeowners from financial losses due to damages to their property or belongings.
Coverage Types:
Dwelling Coverage: Repairs or rebuilds the physical structure of the home.
Personal Property Coverage: Protects against loss or damage to personal belongings inside the home.
Liability Protection: Covers legal expenses if someone is injured on the property.
Additional Living Expenses (ALE): Covers temporary living costs if the home is uninhabitable.

4. Business Insurance

Coverage Types:Purpose: Provides coverage tailored for businesses to protect against operational risks.
Property insurance for business premises.
Liability insurance for legal claims.
Workers’ compensation insurance for employee injuries.

5. Car Insurance

Purpose: Protects vehicle owners against financial losses due to accidents, theft, or damage to the insured vehicle.
Coverage Includes:
Liability Coverage: Covers damages to others’ property or injury caused by the insured vehicle.
Collision Coverage: Pays for repairs or replacement of the insured car in the event of an accident.
Comprehensive Coverage: Covers non-collision-related damages like theft, fire, or natural disasters.
Personal Injury Protection (PIP): Covers medical expenses for the driver and passengers regardless of fault.