Insurance Industry Overview: Outlook, Types, Analysis |

Insurance represents a contract between an individual or the policyholder and an insurance company.

BROOKLYN, NY, UNITED STATES, May 29, 2023 /EINPresswire.com/ — General insurance, also known as non-life insurance, is a broad category of insurance that provides coverage for several risks and assets, excluding life insurance. It includes various types of insurance policies, such as auto insurance, home insurance, property insurance, motor insurance, pet insurance, liability insurance, health insurance, travel insurance, business insurance, etc. On the other hand, commercial insurance consists of numerous specialized coverage options designed to safeguard…