Policy snapshot
A broader public liability cover designed for industrial and large commercial establishments, beyond the statutory Public Liability Act policy.
What is Public Liability (Industrial Risk) Insurance?
This policy protects industrial businesses from third-party claims of bodily injury or property damage. It is ideal for businesses with heavy public or environmental exposure.
What can it cover?
- Covers accidental third-party injury, death, or property damage caused by business operations, including legal defence costs. It offers flexibility with add-ons like sudden & accidental pollution liability and tenant’s legal liability.
Who should consider it?
- Large manufacturing units, industrial parks, Logistics hubs, warehouses, ports, refineries
Key features to understand
- {"heading": "Key Features", "bullets": ["Covers bodily injury, property damage, legal costs", "Voluntary policy, not limited to hazardous industries", "Optional extensions: product liability, pollution, cross-liability"]}
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.