types-of-insurance

There are many general insurance products on the market. General insurance is broadly defined as non-life insurance policies.

Products vary between companies, and consumers should always read their Product Disclosure Statement (PDS) before they purchase cover. Consumers should always purchase cover appropriate to their level of risk.

The six main forms of general insurance are: Home and Contents Insurance, Motor Vehicle Insurance, Business Insurance, Mortgage Loss Insurance/Lender's Mortgage Insurance/ Mortgage Protection Insurance, Workers Compensation and Travel Insurance.

There is no one product that is appropriate for everyone. Consumers should shop around to ensure the product they choose is appropriate to their situation and level of risk.

There are many other types of general insurance products offered by Australian insurance companies, these general insurance products offered include:

Aircraft
Bond
Construction
Consumer Credit
Compulsory Third Party Insurance (CTP)
Cyber Risk
Defamation
Engineering
Extended Warranty
Farm, Crop and Livestock
General Property, Home and Contents
Home Warranty and Lenders Mortgage
Pet Insurance
Product Recall
Professional Indemnity
Public and Products Liability
Strata
Travel
Marine Insurance
Medical Indemnity Insurance
Motor Vechicle
Workers' Compensation

(thanks for the aurther : rifat Williams

 sourse :http://www.insurancecouncil.com.au/)