Public Liability Insurance (Industrial Risks)

Public Liability Insurance (Industrial Risks)




Scope of Cover

This Policy broadly covers medical establishments againstlegal liability arising out of bodily injury and/or death of any patient caused by error, omission or negligence in professional service. It also covers legal costs and expenses incurred in investigation, defence or settlement of such legal liability.

Main Exclusions

This Policy does not cover liability arising out of cosmesis ( plastic surgery, hair weaving etc.). It also does not cover third party liability, pure financial loss, fines and penalties (punitive or exemplary)

Sum Insured

Depending on exposure, Proposer has to fix two limits of indemnity as under

  • Any One Accident (AOA)
  • Any One Year (AOY)

AOA and AOY can be in ratio of 1:1, 1:2, 1:3 or 1:4.


Premium chargeable depends on risk group, number of inpatients and outpatients, limits of indemnity selected and ratio of limits (AOA:AOY)


Policy is subject to compulsory excess of 0.25 % of AOY limit (subject to minimum of Rs. 5000/- and a maximum of Rs. 1,00,000/-). Higher excess opted on voluntary basis qualifies for discount in premium level.


ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITEDis a joint venture company between ICICI Bank Ltd. and Lombard Canada Ltd.

ICICI Bank, a public financial institution and a diversified financial group offering by itself and through specialised subsidiaries/affiliates a variety of financial products and services, was founded in 1955 at the initiative of World Bank, Government of India and representatives of Indian Industry. Lombard ranks amongst the leading non-life insurance companies of Canada. Lombard uses up-to date technology to offer its clients a complete range of Commercial and Personal line of products.

ICICI Lombard is pleased to announce the launch of an array of insurance products to cater to different risks associated with your activities. To begin with, the following products are being made available:

  • Fire and Special Perils Policy
  • Consequential Loss (Fire) Policy
  • Public Liability (Industrial Risks) Policy
  • Public Liability (Non-Industrial Risks) Policy
  • Public Liability Insurance Act Policy
  • Inland Transit Insurance Policy
  • Electronic Equipment Policy
  • Machinery Policy
  • Burglary Policy
  • All Risks Policy
  • Group Mediclaim Policy
  • Group Personal Accident Policy
  • Boiler Explosion Policy
  • Money Insurance Policy
  • Fidelity Guarantee Policy
  • Motor Policy
  • Erection All risks Policy
  • Contractor's All risks Policy
  • Contractor's Plant and Machinery Policy
  • Industrial All Risks Policy

This prospectus contains only brief details of the policy. For further details please refer to the current policy or contact:

ICICI Lombard General Insurance Company Ltd.

ICICI Bank Towers, Bandra–Kurla Complex

Mumbai 400 051

Insurance is the subject matter of solicitation.

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