Blogs

What is Public Liability? The phrase Public liability indicates a potential liability to a member of public i.e. a person who is not in any way connected to you by way of a contractual arrangement. The distinction from your employees/ business associates is obvious. So, the eventuality of a visitor to...

Before we proceed to the next step of selecting limits of cover in a liability policy, we need to keep certain basics in mind: 1. For the mandatory/semi-mandatory policies - limits may already be specified in the norms - e.g. PLI Act, 1991 or wages of employees in Employee Compensation policy....

It is difficult to imagine a business which does not require liability insurance in some form or the other. Large businesses of course have a need for this policy; but it is the medium or the small scale business which is more at risk. A large business may have a...

Commercial general liability is a package liability policy which provides cover for a large spectrum of liabilities arising from various sources and eventualities. The coverage provided under different sections may look somewhat similar to the uninitiated but denote a specific benefit for different users. The policy cover provided is wider than...

A medical extension is a provision available in the workmen’s compensation insurance policy. The workman compensation insurance policy is a crucial scheme by which an employer or an organization can exhibit the ability to satisfy the obligations imposed by the employee’s compensation laws in India.The workmen’s compensation policy may be...