Insurance Company came up with Proposal Form and we signed it mechanically.
Is it signed by the company?

Later on, we have been served Court Notice and the legal heirs of the deceased have demanded huge amount of compensation. When we took up the matter verbally with Insurance Company, they advised that 3rd Party Risk involved as per the policy is only 10% of the Equipment which is only Rs. 2,00,000/-. They also started educating us that Equipment under CPM Policy is to be operated within the site premises only. while taking Insurance, no such Guidance as given to us, nor we were explained the contents of the policy and other options were available for Insurance.
Which policy you have bought - Contractor All Risk Policy or Motor policy?