View and download policies, proposal forms, detailed wordings, network hospital list etc.
See escalation matrix, send service requests, track progress, get acknowledgements etc.
Intimate claim, fill claim form, share documents, track status, get reminders etc.
Pays for litigation costs and awards against any officer or key employee Protect directors and other key executives from litigation costs. Necessary to embolden executives to work without fear of litigation. Covers litigation for any reason.
Pays for litigation related to alleged deficiency of services or negligence Relevant for all services companies and individual professionals such as doctors, archtects and chartered accountants. Conduct your business without worrying about acrimonious litigation.
Pays for third party claims on your premises or because of your products Consists of public and product liability. Public liability covers litigation by third parties hurt on your premises. Product liability covers damages caused by products that you manufacture.
Cyber Risk. Commercial Crime. Carrier Legal Liability These insurances are specific to select industries. Carrier Legal Liability protects fleet owners and transporters. Cyber Risk most applicable to companies dealing in online customer information. Commercial Crime relevant to financial services companies amongst others.
Liability covers take care of legal expenses when you have to defend yourself. These costs can rapidly mount up. In some insurances the insurer also has a duty to defend which makes them responsible for taking up the law suit. Generally, insurers are also a good source of identifying competent lawyers and preparing a defence strategy.
Business partners increasingly require you to purchase liability insurances to do business with them. This is true of companies overseas and increasingly, in India. Liability insurances meet all these contractual requirements. These insurances can also be modified to include your customer’s name as an additional insured, another common requirement.
A well placed liability insurance will cover you for legal costs in any country. This becomes important when you have customers or operations outside of India. Often, litigation will take place in a foreign country. This is expensive and you may not have the market knowledge of how to defend yourself there.
Liability insurance, when structured properly, is available at competitive rates. The key is to define your business operations accurately when you buy the insurance and picking the extension that matter most in your business.
Liability insurances can cover your current operations as well as acquisitions you may make. These are unnamed insurances which means that you do not need to furnish a list of executives or day-to-day activity.
In India, the claim experience in liability is still limited. However, this is changing fast, as conflict and litigation increases. Most liability purchases today are because of a contractual requirement but that is set to change. In many situations such as for doctors, such liability insurances have become a necessity.
We have specialized liability underwriters and tie-ups with international experts.
We work with all insurers to get you the best options- both in terms of price and features.
Cover notes are issued within hours of request. This documentation is sufficient for any contractual requirement.
We manage all aspects of your claim - from preparing documentation to follow-up with the insurer.
We will advice you on risk management best practices.
See all your contracts renewal information in one place. Place service requests on PAM.