Public Liability Policy

Highlights
This policy covers the amount which the insured becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury, loss or damage to the property belonging to a third party. The legal cost and expenses incurred in defending the case with prior consent of the insurance company are also payable subject to certain terms and conditions.
One can insure more than one unit situated in different locations under a single policy.
The policy offers a benefit of Retroactive period on continuous renewal of policy whereby claims reported in subsequent renewal but pertaining to earlier period after first inception of the policy, also become payable.
 
Scope
We issue Public Liability Policies on:
  1. Public Liability Non Industrial Risk - For offices,hotels, cinema houses,hospitals, schools etc.
  2. Public Liability Industrial Risk - For goodowns, warehouses and factories.
 
Add on covers
The Public Liability Policy can be extended to cover the following risks on payment of an additional premium.
  1. Natural calamities like flood, earthquake etc.
  2. Pollution Risk subject to NOC from Pollution Control Board
  3. Transportation Risk