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Product Liability Insurance Policy

HomeProduct Liability Insurance Policy
  • legal-liability-icon.svg

    Legal Liability

  • property-damage-icon.svg

    Bodily Injury / Property damage to Third party

  • compensation-award-defence-costs-icon.svg

    Compensation / Award and Defence costs

  • third-party-liability-icon.svg

    Vendor cover

  • machinery-icon.svg

    Technical collaborator extension

  • worldwide-protection-icon.svg

    Worldwide coverage option

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Key Features
  • Insured’s legal liability to pay compensation for Injury and/or Damage arising out of any defects in the products covered under the policy (including claimants’ costs fees and expenses) in accordance with the law of country.
  • It also covers the legal cost and expenses incurred in defence within the limit of indemnity.
  • The product can be offered on a claim made basis or occurrence basis.
  • On payment of additional premium, the following coverage can be opted:
    • Limited Vendors Liability Extension
    • Technical Collaborator Inclusion
    • North American Jurisdiction Extension
  • Product UIN - IRDAN144CP0007V01201112
  • Disclaimer: The above information is indicative in nature, for more details on complete coverage and terms & conditions, please contact our nearest office and also read the policy document and sales brochure carefully before concluding a sale.
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