General insurance is an agreement between a policyholder and insurer where in the insurance company protects your valuable assets from fire, theft, burglary or any other unfortunate accident. General insurance should be your priority as your assets may get damaged due to an accident or theft.

Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.