Reviews on General Insurance Industry

Abstract

As the industrial revolution comes with cut throat competition, the chance of uncertainty also increases day by day. When competition increases, the benefits given by the company for its customers also increase. The growth of business and the uncertainty involved in it has led to the necessity of general insurance industry. General insurance plays a significant role for not only an individual or for a family but for the entire nation. The Review of present literatures will help to understand the general insurance sectors need and scope.