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Today there are 31 general insurance companies including Types of General Insurance-
the ECGC and Agriculture Insurance Corporation of India and Motor Insurance
24 life insurance companies operating in the country. Home Insurance
Health Insurance
Fire Insurance
Term Insurance- Term Insurance is a life insurance plan
that provides financial coverage to the beneficiary of the
insured person for a defined period of time. In the event of
death of term insurance policyholder during policy term, the
beneficiary can claim death benefits from the insurance
company.
Money-back policy- A money back policy is one of the
smarter ways to plan your life investment cover. You not only
receive money back over frequent intervals of the policy
tenure, a sum assured at the end of the policy term, bonus
amounts as declared by the insurer but also an adequate
insurance cover for the whole of the policy period.