Insuring anything other than human life is called general insurance. Examples are insuring property like house and belongings against fire and theft or vehicles against accidental damage or theft....
Basically, if your vehicle is being repaired at a garage within the ICICI Lombard network, then your claim is cashless. In case the garage is not part of the network, you will be reimbursed for it.
Life insurance, as the name suggests, is insurance on human lives. Life insurance policies are considered to be "valued policies" because they are purchased in finite amounts, rather than designed to...
An Insurance Claim is an act wherein, a person who is insured or a person who is the next of kin to the insured contacts the insurance company to get some money due them. For ex: 1. In case you had a...