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 into force from 1.1.1988 for industrial risks and from 1.12.1991 for non industrial risks. According to Maket Agreement, industrial risks are manufacturing industries and storage risks such as […]
Agency News
Agency News
PUBLIC LIABILITY ACT POLICY
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 persons affected by accident occurring while handling any hazardous substance and for matters connected therewith or incidental thereto” Public Liability Act- reason The explanation says that” the growth […]
PRODUCT LIABILITY
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 in the products manufactured and covered under the policy. “Product” means any tangible good or property, after it has left the custody and control of the insured, which […]
DIRECTORS AND OFFICERS LIABILITY INSURANCE
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 etc. They may become liable to pay damages for wrongful acts like failure of supervision of the affairs of the company etc. Apart from common law responsibilities, the […]
COMMERCIAL GENERAL LIABILITY INSURANCE
What is a CGL Policy? This is a complete policy to provide seamless protection to the Insured, and covers Third Party Liabilities arising from various business exposures such as those arising from Premises, Products, and completed operations, Advertising and Personal injury and also provides supplemental payments, thus ensuring complete protection to the insured against […]
DataTrained and GNIOT College Ecstatic Over Success of Datatrained’s Job Fair: Paving the Way for Bright Futures
The Datatrained Job Fair held at the Greater Noida Institute of Technology on The 9th of March 24 marked a monumental day for DataTrained and Greater Noida Institute of Technology, as they witnessed an unprecedented turnout at the DataTrained Job Fair. Overflowing with joy and gratitude, both parties are overwhelmed by the resounding success of […]
GAMA Awards 2024 Exclusively Marketed By Msg Advert Pvt Ltd: Celebrated Excellence in Cricket Analysis
Dubai’s Zabeel Park illuminated with excitement on March 3rd, 2024, as the prestigious GAMA Awards Exclusively Marketed By Msg Advert Pvt Ltd unfolded, recognizing excellence in cricket analysis. Among the distinguished winners was Yahya Ibrahim, who clinched the coveted title of Best Cricket Analyst of India, marking a momentous achievement in his remarkable journey. […]
Hospitable Moscow: What Indian tourists will find interesting in the Russian capital
India is among the leading countries when it comes to the number of tourists from non-CIS countries who visit Moscow. In the spring and summer of 2024, Russia is preparing to receive even more business and educational tourists from India. Business visits remain one of the most popular purposes of trips to the Russian capital, […]
Dosti West County Celebrates Grand Clubhouse Inauguration with Milind Soman at Balkum, Thane (W)
Mumbai, March 29, 2024: Dosti Realty, with a reputation for excellence in delivering unparalleled residential experiences and elevated lifestyle projects in the Mumbai Metropolitan Area, launched its luxurious clubhouses at Dosti West County a large-scale project at Balkum, Thane (W) on Thursday, March 28, 2024. The inauguration was graced by the esteemed presence of actor, model, and fitness […]
Aditya Patel’s Winners Institute: A Catalyst for Empowering Madhya Pradesh’s Youth
In the heart of Madhya Pradesh, where dreams often collide with harsh realities, The Winners Institute (A Unit of WINNERS ONLINE EDUTECH PRIVATE LIMITED) emerges as a ray of hope. With over 33 lakhs of unemployed youth facing an uphill battle in the job market, the struggle is real. But amidst the chaos, The Winners […]