Commercial General Liability Insurance Policy

Key Feature

The Policy consists of two Sections: Section 1 Public Liability and Section 2 Product Liability. The Policy can be issued covering both the Sections together or either of the two Sections
Product, Premises and Operations hazard covered
On payment of additional premium, additional covers can be opted

Coverage
The Commercial General Liability Insurance Policy covers your legal liability to pay compensation to a third party in respect of bodily injury and/or property damage, suffered by him/them, arising out of
Product Hazard: any defect in the products manufactured and covered under the Policy after such products have left the Insured's premises.
Premises Hazard: accidents occurring in your premises.
Operations Hazard: your operations outside the premises and not from your products (like arising out of acts of employees).
It also covers the legal cost and expenses incurred by you in defence within the limit of indemnity.
Add On Covers
On payment of additional premium, the following coverage can be opted:
Act of God Perils Extension
Sudden and Accidental Pollution Extension
Transportation Liability Extension
Lift, Elevator & Escalator Liability Extension
Food and Beverages Liability Extension
Personal & Advertising Injury extension
Fire Damage Extension
Medical Expenses Liability Extension
Limited Vendors Liability Extension

Exclusion
Fines, penalties, punitive and /or exemplary damages
Deliberate, willful non-compliance of statutory requirements
Bodily injury/property damage to employees
Product recall, guarantee, warrantee and financial loss
Products which left the control and custody of the Insured prior to Period of Insurance.
Pure Contractual liability
Loss of pure financial nature like loss of goodwill, loss of market share etc.
Damage to property owned and/or occupied by the Insured or property under care, control and custody of the Insured
Professional liability
Dishonest/criminal acts of employees
War, strike, riot, civil commotion and/or terrorism