Liability Insurance

Liability Insurance: Protecting Businesses and Professionals from Legal Risks

Liability insurance is crucial for businesses, professionals, and individuals to safeguard against financial losses arising from legal claims, negligence, or unexpected liabilities. Risk Relife offers a comprehensive range of Liability Insurance policies designed to cover various industry risks and ensure financial security.

Types of Liability Insurance We Offer

1. Directors and Officers (D&O) Liability Insurance

Protects company executives from personal financial losses due to legal claims related to wrongful acts, mismanagement, or breach of duty.

2. Difference in Conditions (DIC) / Difference in Limits (DIL) Policy

Provides additional coverage by filling gaps left by primary policies, ensuring comprehensive protection.

3. Umbrella Policy

Offers extended liability coverage beyond the limits of general policies, providing an extra layer of financial protection.

4. Compulsory Public Liability Insurance

Mandated for businesses handling hazardous materials, covering third-party injuries, property damage, and legal expenses.

5. Workmen’s Compensation / Employers’ Liability Policy

Covers medical expenses, lost wages, and legal costs associated with employee injuries sustained at work.

6. General Public Liability (Industrial & Non-Industrial Risks)

Protects businesses from legal claims due to third-party injuries, property damage, or accidents occurring on their premises.

7. Cross Liability Insurance

Covers legal claims between different insured parties under the same liability policy, essential for joint ventures and partnerships.

8. Product Liability Insurance

Protects manufacturers, distributors, and retailers from claims related to defective or harmful products.

9. Product Recall Insurance

Covers the financial costs of recalling defective products from the market, including logistics, communication, and legal expenses.

10. Professional Indemnity Insurance

For Doctors, Lawyers, and Chartered Accountants: Protects professionals against claims of negligence, malpractice, or misrepresentation.

11. Computer Service & Software Developers Professional Liability Policy

Also known as Tech Error and Omissions Insurance, this policy covers software developers and IT professionals from claims arising due to coding errors, system failures, or data breaches.

12. Commercial General Liability (CGL) Policy

Comprehensive coverage for businesses against third-party claims for bodily injury, property damage, and legal costs.

13. Personal and Advertising Injury Liability Policy

Covers claims related to defamation, false advertising, intellectual property infringement, and reputational harm.

14. Errors and Omissions (E&O) Liability Insurance

Protects businesses and professionals from claims due to errors, omissions, or negligence in service delivery.

15. Clinical Trial Liability Insurance

Provides protection for research organizations and sponsors against legal claims arising from medical trials and drug testing.

16. Cybercrime Liability Insurance

Covers businesses against cyber threats, including data breaches, ransomware attacks, and regulatory penalties.

17. Stockbrokers Liability Insurance

Protects stockbrokers and investment firms from claims related to financial mismanagement, fraud, or regulatory violations.

18. Public Liability Insurance

Covers third-party claims for bodily injury, property damage, and legal expenses, ideal for businesses, event organizers, and property owners.

Why Choose Risk Relife for Liability Insurance?

Tailored Coverage: Customizable plans for businesses, professionals, and industries.
Legal Protection: Covers defense costs and compensation payouts.
Competitive Premiums: Affordable pricing with maximum benefits.
Expert Guidance: Dedicated support for claim settlements and risk assessment.