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Commercial General Liability Insurance indemnifies all sums which the Insured shall become legally liable to pay for compensation, in respect of their legal liability to third parties for accidental bodily injury or death and/or property damage occurring during the period of insurance and caused in the premise/business of the Insured. Court defense cost is also covered under this insurance.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Location
• Limit of Liability requested
• Estimated Annual Turnover
• No. of Employees

To pay on behalf of the Insured all sum which the Insured shall become legally obligated to pay as damages because of bodily injury and property damage caused by the Insured's premises/operations and products manufactured, distributed and sold.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Location
• Insured Products
• Limit of Liability requested
• Estimated Annual Turnover
• Countries to be insured
• Territory/Jurisdiction requested

Everywhere you offer your product for sale, you are implying that the product will perform according to its specifications, design and that the product will cause no harm to the life and property of the user. Such an implied warranty is called Product Liability.

Even if you are not a manufacturer, you can be held liable if one of your distributed products causes injury to a customer. Then why should you leave exposures unattended?

Product Liability Insurance protects the Insured in respect of their legal liability for bodily injury or death or property damage sustained by third party caused by an alleged defect in respect of products manufactured, sold, handled, distributed or disposed of by the Insured.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Products
• Limit of Liability requested
• Estimated Annual Turnover
• Countries to be insured
• Territory/Jurisdiction requested

Recalling a product can be a big headache for any company even though the recall plan is nicely laid out in the papers. An act of recalling a product not only means that extra money has to be poured into the recalling process but also that immeasurable damage has been done to the company’s reputation.

Product Recall Insurance shall reimburse the Insured for the recall costs arising out of the recall of an insured product that takes place in the coverage territory during the policy period from a distributor, purchaser or user of such product, which occurs as a result of any of the following insured events:

1. Accidental omission of a substance in the manufacture of the insured product; or
2. Accidental introduction or accidental substitution of a substance in the manufacture of the insured product; or
3. Error in the design, manufacture, packaging, blending, mixing, compounding, labelling or storage of the insured product; or
4. Intentional damage to the insured product by an employee or by a third party.

Provided that the use of the insured product has resulted or would result in physical injury or widespread property damage caused by or because of 1, 2, 3, or 4 above.

Recall costs means any reasonable and necessary costs incurred by the Insured to inspect, withdraw, destroy, repair or replace the insured product. This may include, but is not limited to, the following:

• Costs associated with notifying customers
• The cost of shipping and disposal of the product from purchaser, distributor
• Extra warehouse expenses
• The cost of extra personnel required to conduct the recall
• The cost to refund, repair or replace and ship the product back to the customer.

Extra coverage like rehabilitation expenses can also be arranged additionally.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Products
• Limit of Liability requested
• Countries to be insured
• Territory/Jurisdiction requested

Product Contamination Insurance will indemnify the Insured for the Loss caused by Accidental Contamination in the Insured Product that the Insured is legally obligated to pay against bodily injury and property damage sustained by third parties, or resulting from malicious product tampering and product extortion.

Loss shall include the followings:

1. Business Interruption
2. Recall Costs
3. Replacement Costs
4. Rehabilitation Expenses
5. Consultant and Advisor Costs
6. Product Extortion Costs

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Products
• Limit of Liability requested
• Estimated Annual Turnover
• Countries to be insured
• Territory/Jurisdiction requested

Contractual Liability Insurance will pay on behalf of the Insured all sums which the Insured by reason of contractual liability assumed by him under a contract designated in the schedule for this insurance shall become legally obligated to pay as damages because of bodily injury or property damage.

Preliminary Information Required

• Insured Name
• Insured Business
• Limit of Liability requested
• Details of Contract

The coverage of this insurance is to indemnify the Insured for all sums which the Insured shall become legally obligated to pay as damages because of bodily injury by accident or disease, including death at any time resulting therefrom, sustained by his employment by the Insured in operations in a country designated in the policy.

Preliminary Information Required

• Insured Name
• Insured Business
• Estimated Annual Salary
• No. of Employees