Life Insurance and other Non-Life Insurance Policies | 17 July 2024

Life insurance refers to the insurance on human lives and insurance appertaining thereto or connected therewith. (Section 181, Insurance Code)

Life insurance refers to the insurance on human lives and insurance appertaining thereto or connected therewith. (Section 181, Insurance Code)

All other classes of insurance are considered non-life insurance. Non-life insurance, otherwise called general insurance, include property insurance, casualty insurance, compulsory insurance and microinsurance.

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