Public Liability
Covers third-party injuries, property damage, and legal costs.
Public Liability Insurance is a crucial coverage for businesses handling hazardous substances, protecting them against third-party bodily injury or property damage claims. It is mandatory for companies that deal with such substances under the Public Liability Act, 1991. This policy ensures that businesses are financially covered in case of accidents or incidents resulting from their operations, including legal expenses. Public Liability Insurance provides peace of mind and supports compliance with legal requirements, safeguarding the reputation and operations of a business.
Key Benefits
- Protection against third-party bodily injury or property damage.
- Covers legal expenses associated with public liability claims.
- Ensures compliance with mandatory legal requirements under the Public Liability Act.
Health Cover Up
to ₹50 Lacs
What is Public Liability?
Public Liability Insurance protects businesses from third-party claims for injury or property damage caused by their operations or premises. It covers legal costs, compensation, and ensures compliance with regulations, helping businesses manage risks and avoid financial strain from accidents or claims.
Why do you need Public Liability?
Legal Protection
Safeguard against lawsuits for injury or damage.
Financial Security
Cover legal expenses and compensation claims.
Compliance Assurance
Meet regulatory requirements for hazardous operations.
Risk Management
Minimize financial impact from unforeseen accidents.
Why choose Insurance Manager to protect your business?
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
What does Public Liability cover and exclude?
Plan Coverage
Bodily Injury Claims
Covers injury caused to third parties due to business operations or premises.
Property Damage
Protection for property damage caused by business operations and activities.
Hazardous Substance Liability
Covers incidents related to hazardous chemicals and materials handled by the business.
Legal Costs
Covers legal expenses arising from claims or lawsuits related to liability.
Accidents on Business Premises
Protection for accidents occurring on business premises that harm third parties.
Transportation Accidents
Coverage for accidents that occur during the transport of goods or services.
Third-Party Damage
Covers damages to third-party property or assets caused by business activities.
Injury Due to Product Handling
Covers injuries caused by products or materials handled by the business.
- In-patient treatment 24 hours a day
- Pre-existing disease
- Pre and Post hospitalization
- Domiciliary hospitalization expenses
- Reimbursement of cost of health check-up
- All day care procedure
- Family floater to covers member’s immediate family such as a spouse, dependent children, dependent parents, etc.
- Maternity benefits
- Dental treatment
- Cost of spectacles, contact lenses
- Waiver of waiting period
- Waiver of first-year exclusions
- Reimbursement of ambulance costs
- Baby day one care
- Vaccination benefits
- Increased room rent limits
- Corporate buffer
- Out-patient treatment (OPD Card)
- Root canal surgery
- In-hospitalization expenses due to sickness or accidents
- Room and boarding expenses as provided by the hospital/nursing home.
- Nursing expenses.
- Surgeon, anesthetist, medical practitioner, consultants or specialist fees.
- Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines and drugs, diagnostic materials and X-Ray, dialysis or chemotherapy.
Major Exclusions
Willful Non-Compliance
Excludes liability arising from intentional violations of statutory provisions.
Fines and Penalties
Does not cover fines or penalties imposed due to non-compliance with legal regulations.
Employee Injuries
Excludes injuries to employees, as they are covered under worker’s compensation insurance.
Contractual Liability
Excludes liabilities that arise from contractual agreements outside of general public liability.
Pollution or Environmental Damage
Excludes coverage for environmental damage caused by pollution or hazardous materials.
Product Defects
Does not cover claims related to defective products, which are often covered under product liability.
Punitive Damages
Excludes coverage for punitive damages that may be awarded in a court case.
War and Terrorism
Excludes liabilities arising from acts of war, terrorism, or civil disturbances.
- If the appropriate waiver is not opted for, then the policy will not cover
- Treatment of pre-existing illnesses.
- Any treatment for illnesses/diseases within the first 30 days of the policy, unless it is an accident.
- Treatment of specified illnesses for the first year of the policy.
- Certain diseases like hernia, cataract, piles, sinusitis, etc are excluded during the first year of operation in the cover.
- Any claim arising out of or traceable to pregnancy.
- Ayurvedic, homeopathy, naturopathy or any other form of local medication.
- Alcoholism, drug abuse, and AIDS.
- Dental treatment or surgery unless it requires hospitalization.
- Cost of spectacles.
- Vaccination and inoculation.
- Cosmetic treatment.
Your Journey to Insurance Manager
When can I Claim?
A claim under Public Liability can be registered in the below circumstances:
- If an accident occurs due to your operations resulting in third-party injury or property damage.
- In the event of claims arising from hazardous substances handled by your business.
- If legal costs are incurred due to a liability claim made by a third party.
Claim what’s yours with Insurance Manager
Have more questions?
Submission
Assessment
