Team TheAutomotiveVehicle, Author at The Automotive Vehicle

AGENCY NEWS

Comprehensive Fire Insurance Policy Coverage and Exclusions by Beacon Insurance Brokers Pvt Ltd

By Team TheAutomotiveVehicle • March 30, 2024

(I) Coverages as per Standard Fire and Special Perils Policy- Fire Lightning Explosion/ Implosion Aircraft Damage Riot, Strike, Malicious and Terrorism Damage Storm, Cyclone, Typhoon, Tempest, Hurricane,…

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AGENCY NEWS

EVENT INSURANCE – WRITE UP

By Team TheAutomotiveVehicle • March 30, 2024

Cancellation This insurance is to indemnify the Assured for their Ascertained Direct Net loss, should the insured Events(s) described in the Schedule, be necessarily Cancelled, Interrupted in…

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AGENCY NEWS

PUBLIC LIABILITY INDUSTRIAL AND NON INDUSTRIAL POLICY

By Team TheAutomotiveVehicle • March 30, 2024

Introduction The structure of the policy for both industrial and non industrial risks is almost the same. Both the classes are governed by market agreement which came…

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AGENCY NEWS

PUBLIC LIABILITY ACT POLICY

By Team TheAutomotiveVehicle • March 30, 2024

Public Liability Act 1991 The Public Liability Act 1991 is “An act to provide for public liability insurance for the purpose of providing immediate relief to…

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AGENCY NEWS

PRODUCT LIABILITY

By Team TheAutomotiveVehicle • March 30, 2024

What is Product Liability? A product liability policy provides indemnity to the Insured against legal liability to pay for damages and/or Injury arising out of any defect…

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AGENCY NEWS

DIRECTORS AND OFFICERS LIABILITY INSURANCE

By Team TheAutomotiveVehicle • March 30, 2024

INTRODUCTION TO D&O Directors and officers of companies hold positions of trust and they have responsibility to their company, the shareholder, the employees, the public at large…

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