Public Liability Insurance

Noble Insurance can offer policy protecting not only your Company from legal liability, which may arise due to negligence and/or errors of your Management / workers but also third party property damage or Bodily injury/death.

The cover suits all the entrepreneurs exposed to liability due to negligence arising out of accidents during the course of their business operations.  

Salient Features

This policy indemnifies against the amount the insured’s legally liable to pay a damages to the third party victims.

  • Compensation for accidental death, bodily injury or disease to third parties.
  • Damage to or loss of property belonging to third parties arising out of an  accident, including legal costs incurred  with the prior consent of the  insurer.
  • Legal and civil liabilities of the directors and officers of the company.
  • Extensions for pollution and transportation risks can be considered as per the requirements of customers at additional rates, terms and conditions.

Premium rates depend upon the type of risk based on hazard groups classified, the limit of liability, the annual anticipated turnover and the nature / scope of services provided.

As the prevailing public law is stringent and the courts are awarding huge sums arising out of liabilities, it is prudent to take such an insurance cover even in cases where it is not mandatory.

The policy covers legal liability for Accidental Property Damage of and/or Death/Personal Injuries to Third Parties arising out of operation of the insured business within the Territorial Scope. The policy specifically excludes liability arising out of products being sold, supplied or professional services rendered by the Insured, loss or damage to property belonging to or in the care, custody or control of the Insured, and liability to employees against occupational accidents/injuries.