Insurance Issue of the Week

Fortnightly Insurance issue-53

Indemnity to Others under Public Liability 

The Product and Public Liability policy is issued in the name of the business organization but under certain circumstances the Liability also arises against the officials of the Insured who are acting in their business capacity or private capacity arsing out of their temporary engagement of Insured’s employees. To cover these officials the clause “Indemnity to Others” may be opted so that employees are covered even legal heirs of employees are also covered. Though it is part of the standard coverage’s in the these policies but some of the insurers delete this coverage’s clause.

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