Non-motor insurance refers to insurance coverage for assets and liabilities other than vehicles. It is considered good for several reasons.
Firstly, non-motor insurance provides protection for properties, such as homes, businesses, and personal belongings, against risks like fire, theft, or natural disasters.
Secondly, it offers liability coverage, safeguarding individuals or businesses from legal and financial consequences if they are held responsible for causing damage or injury to others.
Thirdly, non-motor insurance provides financial security and peace of mind, ensuring that individuals or businesses can recover from unexpected events without incurring significant financial losses.
Overall, non-motor insurance offers comprehensive coverage for various assets and liabilities, promoting financial stability and protection against unforeseen risks.
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