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Reliance Public Liability (Act) Insurance Policy

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Reliance Public Liability (Act) Insurance Policy

Benefits

Reliance Public Liability (Act) Insurance Policy

Industries and factories dealing with hazardous goods and substances are exposed to untoward incidents. ​The Public Liability Act, ​1991 helps individuals, commercial, industrial and other organizations handling hazardous goods and substances to provide through insurance, immediate relief, to persons affected due to accident due to handling of such hazardous substances on 'No Fault Liability' basis. ​​As per this Act, anyone who owns, controls or handles hazardous chemicals as detailed in the provisions of the Act should take Public Liability (Act) insurance. 

Reliance Public Liability (Act) Insurance Policy provides immediate relief to anyone who owns, controls or handles hazardous chemicals as detailed in the provisions of the Act and is required to take Public Liability (Act) insurance.

Wh​o are eligible for this policy?

This policy can be taken by anyone who owns, controls, or handles hazardous chemicals as detailed in the provisions of the Act.​

What does the policy cover?

This policy provides coverage against-​

 

What does the policy ​not cover​?

​Although we'd like this polic​y to cover all types of suitations, it isn't possible. For an exhaustive understanding of the exclusions, kindly refer the policy wordings. Some of the exclusions in this policy are liabilities-​​​

  • Arising out of willful or intentional non-compliance with any statutory provisions
  • In respect of fines, penalties, punitive and/or exemplary damages
  • In respect of damage to property owned, leased, hired, or under hire purchase, or on loan to the insured or otherwise in the insured owner's control, care, or custody.
  • Directly or indirectly caused by:
    - ​War ​or war like perils
    - Nuclear perils or radioactivity​​