One day a father and his rich family took his son on a trip to the country with the firm purpose to show him how poor people can be. They spent a day and a night
on the farm of a very poor family. When they got back from their trip, the father asked his son, “How was the trip?” “Very good Dad!” “Did you see how poor people
can be?” the father asked. “Yeah!” “And what did you learn?”
The son answered, “I saw that we have a dog at home, and they have four. We have a pool that reaches to the middle of the garden; they have a creek that has no
end. We have imported lamps in the garden; they have the stars. Our patio reaches to the front yard; they have a whole horizon.” When the little boy was finished,
his father was speechless. His son added, “Thanks, Dad, for showing me how ‘poor’ we are!”
Isn’t it true that it all depends on the way you look at things? You may have all the material possessions you can imagine, provisions for the future, etc.; but if you are
poor of spirit, you have nothing!
Moral of the story:
If you have love, friends, family, health, good humor and a positive attitude towards life — you’ve got everything!
Insurance other than 'Life Insurance' falls under the category of General Insurance. General Insurance comprises of insurance of property against fire, burglary etc, personal insurance such as Accident and Health Insurance, and liability insurance which covers legal liabilities. There are also other covers such as Errors and Omissions insurance for professionals, credit insurance etc.
Non-life insurance companies have products that cover property against Fire and allied perils, flood storm and inundation, earthquake and so on. There are products that cover property against burglary, theft etc.
The non-life companies also offer policies covering machinery against breakdown,there are policies that cover the hull of ships and so on. A Marine Cargo policy covers goods in transit including by sea, air and road.
Further, insurance of motor vehicles against damages and theft forms a major chunk of non-life insurance business.
