Liability Insurance Business in general, shall mean the business of effecting and carrying out contracts of insurance against risks of persons insured incurring liabilities to third parties, not being risks arising out of, or in connection with the use of motor vehicles or out of, or in connection with use of, vessels or aircraft of risks incidental to the construction, repair or docking of vessels or aircraft.

Product Liability

The objective of Products Liability Insurance is to protect the insured against her/her liabilities to third parties for Death or Bodily injuries and/or illness arising out of defective products manufactured and supplied.

Public Liability

The objective of public liability insurance is to protect the Insured against legal liabilities to third parties for death or bodily injury, and/or property damage subject to the terms, conditions and exceptions of the policy.

Professional Indemnity

The objective of Professional Indemnity Insurance is to protect the insured against legal liability to third parties arising out of his/her failure to exercise care and skill related to professions. Professional Indemnity Insurance cover shall be provided for the under-mentioned professions:-

  • Advocates, Solicitors, Counsels etc
  • Medical professional/Institutions.
  • Erection all Risk
  • Chartered Accountants
  • Engineers, Architects, Interior decorators
  • Financial Management Consultants etc

Inland Carriers’ Liability

Provides cover against the insured’s legal liability as a carrier for actual physical loss or damage to goods when carried on the insured’s vehicles and in the due course of transit caused directly by or resulting from overturning collision derailment of the carrying conveyance or collapse of bridges or embankments.