What does the policy cover?

  • Policies issued shall cover all sums which the Insured shall become legally liable to pay as damages in consequence of accidental death/bodily injury or disease to Third Parties and/or loss of or damage to Third Party property arising out of any defect in the products manufactured and covered under the Policy.
  • No admission of liability to be given without our written consent.
  • We may take over defense of any claim at our discretion this would in no manner make us liable.
  • In case of a claim or series we may pay up to indemnity limit and be free from any further liability.
  • We can include technical collaborators liability, which will be covered at nominal extra charge.
  • Notified vendors can be included at extra charge.
  • Jurisdiction applicable is of India but as an extension we can include exports.
  • Loan and lease manufacturers can also be covered.