Is public liability insurance compulsory in India?
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Is public liability insurance compulsory in India?
Some policies are mandatory as per the Public Liability Insurance Act 1991.Quote:
Originally Posted by Nilesh
Public Liability Policies.
1. Public Liability Non Industrial Risk - For offices,hotels, cinema houses,hospitals, schools etc.
2. Public Liability Industrial Risk - For godowns , warehouses and factories.
3. Public Liability Insurance Act 1991 - This is a mandatory policy to be taken by owners ,users or transporters of hazardous substance as defined under Environment (Protection) Act 1986 in excess of the minimum quantity specified under the Public Liability Insurance Act 1991