Liability Insurance plan

Liability
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Scope of cover

Public Liability Act Insurance Policy is available to protect you against liability arising out of:

  • Any accident affecting any person/persons occurring while handling hazardous substances as listed in the Gazette notification issued under the PLI Act 1991

Exclusions

  • Any willful non-compliance of statutory provision
  • Fines, penalties, punitive and/or exemplary damages
  • Arising out of damage to property owned, leased or hired or under hire purchase or on loan to the Insured or otherwise in the Insured's control, care or custody
  • War and nuclear group of peril
  • Injuries and damages to employees, workmen

Note

You Must Note

  • All written communication received from the Collector be expeditiously brought to our attention and any information required there in be furnished immediately
  • No admission of liability be made without concurrence of insurance company
  • Claims lodged after five years of their occurrence will not be entertained
  • The company can ask for turnover records and other claim related documents
  • Proportion payable in case of other insurance policies existing
  • Non-disclosure or misdescription would prejudice your claim

Documents required for settlement of claims:

  • Claim form, Award passed by the district collector
  • Summons, writ petitions, Police report if any

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Future Generali India Insurance Co. Ltd., Indiabulls Finance Centre, Tower 3, 6th Floor, Senapati Bapat Marg, Elphinstone (W),
Mumbai - 400 013. IRDA Registration No: 132. CIN: U66030MH2006PLC165287     Copyright © 2014. Future Generali. All Rights Reserved.

Tax benefits are as per Income Tax Act, 1961, and are subject to modifications made thereto from time to time. Insurance is the subject matter of the solicitation.
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