Public Liability Insurance
Protect your business, secure your future!
Third-party injury coverage
Property damage protection
Legal expense coverage
Compensation coverage
Flexible coverage options
Easy claim process
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What is Public Liability Insurance?
Public Liability Insurance protects your business from financial losses caused by third-party claims such as injury, property damage, or accidental harm that occur in connection with your business operations. These incidents can lead to legal disputes and heavy compensation costs, which may impact your company's financial stability.
This type of insurance ensures that your business remains safeguarded against such unexpected liabilities. It helps cover legal expenses, settlements, and compensation payouts, giving you the confidence to operate smoothly without worrying about unforeseen risks. Whether you run an industrial unit, retail store, or service business, public liability insurance provides peace of mind and ensures uninterrupted business growth.
Key Features of a Public Liability Insurance Policy
Public Liability Insurance is designed to protect organizations and professionals who regularly interact with clients, customers, or the general public
Flexible Coverage Options
Choose from various policy types such as Public Liability Act, Industrial, or Non-Industrial coverage based on your business activity and level of exposure to risk
Legal Liability Protection
Covers the legal costs and compensation you're required to pay if a third party suffers injury, illness, or property damage due to your business activities
Simple and Hassle-Free Claims
The claim process is straightforward and customer-friendly, ensuring minimal disruption to your daily operations
Types of Public Liability Insurance in India
Businesses across different sectors face varying risks depending on the nature of their operations. Public Liability Insurance offers multiple policy options to ensure suitable coverage for all kinds of businesses from industrial units to service providers.
Public Liability Act Policy (1991)
Who needs it: Mandatory for companies dealing with hazardous materials or chemicals
Coverage: This policy provides compensation to third parties affected by accidents involving hazardous substances. It focuses on protecting the public from accidental harm while covering the company's legal liabilities under the Public Liability Insurance Act, 1991.
Public Liability Industrial Policy
Who needs it: Ideal for manufacturing and production units with machinery, industrial processes, or heavy equipment
Coverage: Offers protection against third-party claims related to bodily injury, property loss, or accidental damage resulting from industrial activities. It safeguards businesses from significant legal and financial burdens that may arise from such incidents.
Public Liability Non-Industrial Policy
Who needs it: Best suited for service-based businesses and non-manufacturing sectors such as offices, retail outlets, educational institutions, and healthcare centers
Coverage: Covers third-party claims for accidents like slips, falls, or property damage occurring within your premises. It also extends protection against liabilities caused by employees during day-to-day operations.
What's Covered & What's Not Covered
Understanding coverage details helps you make informed decisions
Legal Expenses and Settlements
Accidental Damages and Injuries
Property Damage Coverage
1. Legal Expenses and Settlements
If your business is held responsible for third-party harm or damage, this policy covers legal costs, investigation charges, and settlement expenses, ensuring financial stability during legal proceedings.
2. Accidental Damages and Injuries
Any injury or accident caused by your company's products, services, or operations is covered under this policy. It ensures that victims receive compensation while your business remains financially secure.
3. Property Damage Coverage
Protects your business from liabilities arising out of damage to third-party property, such as neighboring buildings, equipment, or infrastructure, caused during your operations.
How to File a Claim Under Public Liability Insurance
Filing a Public Liability Insurance claim is a structured process that ensures fair and timely settlement. Here's how businesses can manage it efficiently:
Inform the Insurer Promptly
Report the incident to your insurance provider as soon as it occurs. Early notification helps initiate the claim process smoothly.
Collect and Maintain Documentation
Keep all supporting documents ready such as proof of liability, witness statements, and incident details to speed up claim verification.
Provide Accurate Details
Share complete and factual information with your insurer to avoid delays or disputes during assessment.
Survey and Assessment
The insurer may appoint an independent surveyor to investigate the incident, verify losses, and estimate the compensation amount.
Court or Legal Review (if applicable)
In cases where liability is determined by court proceedings, the insurer will process the claim based on the court's decision.
Submit Required Papers
Send all requested reports, invoices, and documents to support your claim for faster approval.
Claim Settlement
Once the review is complete, the insurer finalizes the compensation and disburses the settlement amount as per policy terms.
Frequently Asked Questions
Public Liability Insurance