Explain the difference between Lfie Insurance and General Insurance. – InterviewSolution

InterviewSolution

1.	Explain the difference between Lfie Insurance and General Insurance.
Answer» Difference between Life Insurance and General Insurance Whereas, General Insurance is a contract of indemnity which promises to make good your losses. In Life Insurance, the sum assured along with benefits is paid either on the event of death of the policy holder or on maturity of the policy.

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