Insurance General Meaning In Tamil
Following are the different types of general insurances in india.
Insurance general meaning in tamil. However general insurance in india is bifurcated as fire engineering marine and miscellaneous insurance. Tamil dictionary definitions for insurance. General insurance or non life insurance policies including automobile and homeowners policies provide payments depending on the loss from a particular financial event. Insurance contracts that do not come under the ambit of life insurance are called general insurance.
As a general law of animal or vegetable economy. Let us look at them as per the use and general acceptability. The act of insuring or assuring against loss or damage by a contingent event. Unlike life insurance policies the tenure of general insurance policies is normally not that of a lifetime.
The different forms of general insurance are fire marine motor accident and other miscellaneous non life insurance. The tangible assets are susceptible to damages and a need to protect the economic value of. The insurance is not only a protection but is a sort of investment because a certain sum is returnable to the insured at the death or the expiry of a period. Car insurance in tamil nadu the second largest state economy in india tamil nadu lies in the southernmost part of the indian subcontinent.
Pertaining to a whole class or order. General insurance is typically defined as any insurance that is not determined to be life insurance it is called property and casualty insurance in the united states and canada and non life insurance in continental europe. A contract whereby for a stipulated consideration called premium one party undertakes to indemnify or guarantee another against loss by. The usual term lasts for the duration of a particular economic activity or a given period.
As a state tamil nadu is extremely well developed and boasts of a solid economy and employment potential with the highest number of business enterprises compared to any other state in india. General insurance includes property insurance liability insurance and other forms of insurance. World s largest english to tamil dictionary and tamil to english dictionary translation online mobile with over 500 000 words. Most general insurance products are annual contracts.
Relating to a genus or kind.
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