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Shield your organization from public liabilities

Public Liability Act

Features & Benefits

  • Requirements

    Serious accidents can occur as a result of mishandling of hazardous substances, in all industries or business that deal with these. The Public Liability Act, 1991 offers immediate relief to people affected by accidents resulting from the handling of hazardous substance, based on ‘No Fault Liability’, through insurance by owner who handle or control these substances.

    The Act states that every owner handling or controlling dangerous or hazardous substances should buy Public Liability (Act) Insurance.

  • Benefits

    The Liberty Videocon Public Liability Insurance policy prepares you well for mishaps in the future. The policy provides coverage against accidents resulting from the handling of hazardous substances as mentioned in the Public Liability Insurance Act, 1991.

  • Sum Insured

    The cover provided by the policy, comes with certain limits, which are:

    Any One Accident (AOA): Not less than the paid up capital of the insured, subject to a maximum Rs. 5 crore.

    Any One Year (AOY):​ Three times the ‘Any One Accident’ limit, subject to a maximum of Rs. 15 crore.

    Claims exceeding the above statutory limits are to be met by the Environmental Relief Fund (ERF).

  • Premium

    Factors like gross annual turnover and limits of indemnity are considered before calculating the amount of premium paid by you.

Please read the policy wordings. for more information.*Terms & Conditions apply.​​

Coverage

Anyone (company, association or firm) handling or controlling hazardous substances as mentioned in the Public Liability Insurance Act 1991 and the rules framed thereunder is eligible to purchase Public Liability (Act) Insurance.

To understand eligibility better, please read the policy wordings.

The statutory liability of the insured resulting from accidents taking place during the currency of the policy because of the handling of hazardous substances as mentioned in the Public Liability Insurance 1991 and the rules outlined under the same.

The above list is not exhaustive. Please read the policy wordings. for a detailed list of inclusions and other details.

  • Arising out of wilful or intentional non-compliance of any statutory provisions
  • In respect of damage to property owned, leased or hired or under hire purchase or on loan to the Insured or otherwise in the Insured Owner's control, care or custody.
  • In respect of fines, penalties, punitive and/or exemplary damages.
  • Arising under any other legislation except in so for as provided for in Section 8 sub sections (1) and (2) of the Act.
  • Directly or indirectly, occasioned by, happening through or in consequence of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection or military or usurped power.
  • Directly or indirectly caused by or arising from or in consequence of or attributable to any act of terrorism.
  • Directly or indirectly caused by or contributed to by
    • Ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel.
    • The radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.

The above list is not exhaustive. Please read the policy wordings. for a detailed list of inclusions and other details.

Why Car Insurance?

Listen to Our Customers

The Client has highly appreciated the inputs and report from Mr. Sudhanshu.
Its because of him we were able to convince the client to move to Liberty along with local sales support.​

Rohit Kapoor

We find the report is very exhaustive in bringing out the risk exposures and the works the client has to carry out for risk elimination. Surely the client will be benefited by the suggestions you have put forth.​

Gurudutt

The contents of your newsletter are quite interesting and informative.

This will help in creating awareness in the industry about the loss prevention and good maintenance.

Thanks for the good work you are doing.​

M.Rajaram

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Registration Number: 150 | ARN- ADVT/2017/May/22 | CIN: U66000MH2010PLC209656

© 2017 Liberty Videocon General Insurance Co. Ltd.

Reg Office: 10th floor, Tower A, Penisuala Business Park, Ganpat Rao Kadam Marg, Lower Parel, Mumbai - 400013

Trade Logo displayed above belongs to Liberty Mutual and used by the Liberty Videocon General Insurance Company Limited under license. For more details on risk factors, terms & conditions please read sales brochure carefully before concluding a sale.