What Is Non-Life Insurance Definition?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    "Non-Life Insurance", or "General Insurance", in Europe is the equivalent of "Property and Casualty Insurance" in the United States and Canada. It is insurance that covers loss from a particular financial event. It does not cover a person's life, as life insurance does. Therefore, it is called "non-life" insurance.
    Answered on October 9, 2013
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