Liability insurance provides protection against claims resulting from personal injury and/or property damage. Liability insurance policies cover both legal costs and any legal payments for which the insured would be liable if found liable. Intentional damage and contractual liabilities are not usually covered in these types of policies.
Comprehensive Public Liability (CGL):
A CGL policy is specifically designed for any small or large business, partnership, joint venture, corporation, association, organization, or even a newly acquired business. The insurance coverage in the CGL policy includes bodily injury and property damage. The amount of risk associated with the business and the size of the business determine the total coverage.
The policy provides compensation for or investigation of a claim; Medical expenses for the injured, etc. Here, insurance companies reserve the right to defend any claim against the insured company arising from body or property damage.
Workers' Compensation and Employer's Liability:
Workers' compensation insurance is designed to protect employers from liability to employees who sustain an injury on the job. Employment-related accidents are a part of every business, especially when it comes to manual labour. Every business owner is obligated to pay compensation to their employees for death, injury, illness or disability suffered by employees as a result of work-related accidents. The law stipulates the amount of compensation payable for various events such as death/disability.
This policy provides coverage for your business against these obligations to your employees.
Professional compensation:
Professionals are seen to possess expertise in their field of profession and must exercise appropriate care while providing services to their clients. However, since human error cannot always be eliminated, errors and omissions creep in in some cases, resulting in claims against professionals for any of their errors, negligence or negligence, which may cause financial loss to their clients. The Professional Indemnity Policy provides compensation to the insured in respect of the insured's legal liability to third parties relating to a negligent act, negligent fault or negligent omission that was or is alleged to have been committed or omitted (as the case may be) after the retrospective date specified in Politics. The policy can also cover defense costs and expenses.
medical mistake:
This policy protects persons who practice medical professions from risks associated with their work, and third party legal liability that may arise from any error, negligence or omission incurred while performing their work in accordance with the stipulated terms, conditions and exceptions. in the insurance policy. The cover includes all defense costs incurred with the consent of the Company in connection with any claim, if the total amount payable in respect of damages does not exceed the limits of compensation payable.
Persons eligible for this insurance:
• Specialists in surgery, obstetrics, gynecology and anesthesia
• Physicians of other medical categories
• Pharmacists
• Nurses and technicians
• Paramedics and Technicians