Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance.
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What is Meant by Business Insurance? A cover by business insurance will guard businesses against losses due to events that may happen during the regular course of business. There are many different types of insurance for businesses. It includes coverage for property damage, legal battles and employee-oriented risks.
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Motor insurance, also known as vehicle insurance or auto insurance, is a type of insurance policy that protects vehicle owners and drivers from financial losses due to accidents, theft, or damage to their vehicle. It covers costs like repairs, replacement, or medical expenses resulting from a covered event. In India, it's mandatory for all vehicles, including cars, bikes, and trucks.
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Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination.
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