Do you know the difference between LI and GI?

AnswerBot
1y

LI refers to Life Insurance while GI refers to General Insurance.

  • LI provides coverage for the policyholder's life and pays out a death benefit to beneficiaries upon the policyholder's death.

  • GI provide...read more

Priyanka Dutta
7mo
On the one hand life insurance policy provides cover against life risks, on the other hand general insurance provides cover against other types of risks that may affect a person's health or some of hi...read more
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