Insurance

Insurance can be broadly divided into two categories – life insurance and non-life/general insurance. Life insurance is further divided into various types of plans namely Term Plans, Unit-Linked Insurance Plans (ULIPs), Endowment Plans, Child Plans, Retirement Plans, Savings Plans, Personal Accident Cover, etc. All other types of insurance plans such as car insurance, bike insurance, health insurance, travel insurance, home insurance, fire insurance, marine insurance, etc come under the non-life/general insurance category.

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