About Public Liability Policy

The Public Liability Insurance Act Policy covers legal liability to indemnify the affected parties with regard to an accident involving a sudden, unintentional, or fortuitous incidence when handling any dangerous substance leading to intermittent, repeated, or continuous exposure to death, or injury to any individual or damage to property. This policy encompasses the amount that the insured is legally liable to pay as damages to 3 rd parties because of accidental death, bodily injury, damage/loss to the property belonging to a 3 rd party. The types of public liability insurance policies are

Public Liability Industrial Risks:For manufacturing units, godowns and warehouses

Public Liability Non-Industrial Risks:For non-manufacturing entities such as IT companies, BPOs, hotels, restaurants, clubs, and schools.

Public Liability Act:This is a compulsory policy to be taken by users and owners or transporters of dangerous substance as demarcated under Environment (Protection) Act 1986 in surplus of the minimum quantity stated under the Public Liability Insurance Act 1991.

Public Liability Policy can be expanded to include legal expenses from

1. Act of god perils,
2. Benefit of retroactive date.
3. Carriage of treated effluents.
4. Coverage for defence cost incurred with prior consent
5. Sudden and accidental pollution.
6. Transportation.

NOTE: THE BRIEF WRITE UP YOU FIND IN THIS WEBSITE FOR VARIOUS POLICIES IS ONLY A SYNOPSIS. THE DETAIL EXTENT OF COVERAGE WITH THE TERMS & CONDITIONS WILL BE SENT BY US TO YOUR MAIL ID ON REQUEST TO US. PLEASE MAIL TO CUSTOMERCARE@VIZZAFIN.COM