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Product Liability

Policy indemnifies the insured against legal liability to third parties in consequence of death / bodily injury arising from the use of product sold to them.

Policy indemnifies the insured all sums which the insured shall become legally liable to pay as damages in consequence of accidental death/bodily injury or disease to third party or damage to their property arising out of any defect in the products manufactured and covered under the policy after such products have left the insured’s premises

Occupational diseases

Main Exclusions

Product Recall.

Deliberate, willful or international non-compliance of any statutory provision.

Loss of goodwill, loss of market..

Fines, penalties, punitive/exemplary damages.

War and War like situations.

Any loss occurring prior to the Retroactive Date mentioned in the policy.