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Products >> Commercial Insurance >> Public Liability Act Insurance Policy

IFFCO-TOKIO's 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 under any other legislation
  • 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
You Must Note
  • All written communication received from the Collector be expeditiously brought to our attention and any information required their 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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