It provides coverage against the legal liability of the organization to pay compensation and pay for legal costs, court charges and expenses arising out of bodily injury or property damage to third parties occurring in connection with the business operations of the organization or any organization’s activity.
Employers' liability insurance covers a business's legal and compensation costs if an employee sues for a work-related injury or illness. It protects employers from financial ruin in cases where an employee alleges that the business's negligence caused their injury or sickness.
It is very interesting cover to protect the vendors of products to cover legal liability of the company to the third parties for Bodily Injury or illness and/ or Property Damage arising out of the Products manufactured, sold and distributed by the Insured.
This liabilit cover provides indemnity to the Organization for sum or sums which the organization may become legally liable to pay to third parties arising from any claim or claims made against the organization for bodily injury, property damage and/or any direct financial loss as a direct result of any negligent act, error or omission in the professional conduct and execution of the professional activities and duties by the organization.
Directors and Officers Liability Insurance (D&O) protects company directors and officers from personal financial loss and legal liability arising from their managerial duties, covering defense costs, settlements, and judgments in lawsuits.
In provides coverage against legal liability of Employer's against accidents to workmen under Workmen Compensation Act 1923 and subsequent amendments of the said act; the Fatal Accidents Act 1855 and at Common law subject always to the provision of the Workmen Compensation, Fatal Accident acts, laws and subsequent amendments.