Because any activity is likely to give rise to a damage leading to the company's liability, the latter must opt for the necessary cover, otherwise the consequences, especially financial, could be consequential.
There is no legal requirement to have liability insurance, but it is strongly recommended when your business interacts with the public.
Whether you, or one of your employees, cause accidental damage or injury to a person on your premises, in a customer's home, you will be covered by our policy.
All goods or products (including food and beverages) manufactured, constructed, altered, sold, or distributed once they are no longer in the possession of the business are covered.
Also covered are owner's or tenant's liability or neighbourhood risks.
The limit of the guaranteed amount can be adapted to your needs from Rs 1 to 10 (20) 000 000.
Do I have to take out liability insurance as an employer?
As an employer, it is your responsibility to protect the health and safety of your employees during working hours. Although this is not a legal obligation many businesses choose to take out employer's liability insurance to protect themselves from the financial risk inherent in any activity. An employer can be exposed to legal liability should an employee get injured or sick at work, be it from defective equipment, an unsafe work environment, negligence, or even insufficient training. This coverage will only be triggered in case the liability of the employer has been determined.
Employers’ Liability insurance covers all your employees, whether they work in an office, do manual worker, or are employed as drivers. This insurance protects a business from the financial impact of an accident or an illness involving their staff.
What risks does the policy cover
The Employee Liability insurance policy protects the employer in the event of a work accident resulting in the death or injury of an employee, or in the event of illness due to employment. The insurance finances, in the event of proven liability, the compensation owed by the employer.
The contract may also cover the legal costs incurred.
- A completecoverage
- A compensation ceiling of up to ....
- Specialised advisers to accompany you
This coverage allows you to receive compensation following an accident resulting in bodily injury.
Group Personal Accident offers compensation to the insured or beneficiary in case of :
- Death
- Permanent disability
- Loss of members
- Temporary disability
- Medical expenses
Multiple possibilities:
- up to Rs 500,000 coverage in case of death, and Rs 15,000 for medical expenses
- the choice between compensation proportional to salary or fixed compensation
- coverages that can be customised according to classes of claims and employees
- possibility to take into account repatriation costs for expat employees
- an adaptive geography limit
- possibility of 24-hour coverage or only during working hours
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