Liberty Videocon General Insurance Co. Ltd. is a joint venture between Indian giant Videocon Industries Limited and US based Liberty Mutual Insurance Group.
Liberty Videocon General Insurance – Liability Insurance
If you’re in the manufacturing sector, then you would be aware of the things that could go wrong. A terrible accident on your property could harm innocent members of the public or property. In such situations, person needs to be ready to resolve legal liabilities to victims of an unfortunate accident caused by your property or on your premises. Public Liability Insurance (Industrial Risk) Policy works in your favor by protecting you at such a time.
Mishandling of hazardous substances can lead to serious accidents. The Public Liability Act, 1991 provides through insurance, immediate relief, by owners who control or handle hazardous substances, to person's affect by accident due to handling of such hazardous substances on ‘No Fault Liability’ basis.
As per the Act, anyone who does own, control or handle hazardous substances as detailed in the provisions of the Act should purchase Public Liability (Act) insurance.
Public Liability Non-Industrial
Those who own a hotel, office, restaurant, cinema, etc. could be held responsible for the injury and / or death of people visiting your property at all times.
When something goes wrong and someone gets hurt, you could be held liable for any loss or damage these people suffer. Public Liability Insurance (Non-Industrial Risk) Policy steps in to protect you during such situations.