What type of insurance provides protection against financial loss?

General insurance is a category that encompasses various types of insurance policies designed to provide protection against financial loss due to unforeseen events. It includes coverage for property damage, liabilities, and other risks that may lead to financial hardships. This type of insurance is not limited to specific circumstances and can cover a broad range of scenarios, which is why it fits the description of offering protection against financial loss.

Health insurance, for example, specifically covers medical expenses, while life insurance provides financial support to beneficiaries upon the policyholder's death. Property insurance is focused on protecting physical property from risks such as theft or damage. Each of these insurances serves specific purposes within the broader framework of general insurance but does not encompass the wide scope of financial protection that general insurance does.