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.
Liability Insurance Features
Professional Indemnity
Pays for litigation related to alleged deficiency of services or negligence. Relevant for all services companies and individual professionals such as doctors, architects and chartered accountants. Conduct your business without worrying about acrimonious litigation.
Liability Insurance Features
Comprehensive
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.
Liability Insurance Features
Specific
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.
Product Features
Professional Indemnity
Comprehensive
Specific
Benefits Overview of Liability Insurance
Covers legal costs
> 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.
Meets contractual obligations
> 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.
Cover across countries
> 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.
Why Insuwise?
Modest Insurance
Specialists in different areas of insurance assure you of competent and reliable advice with cost-cutting.
Thorough Product Comprehension
Ongoing training to our teams to deepen and widen their technical skills.
24/7 Available
Any time of the day, any time of the year, Ideal People will assist and guide you out of your insurance troubles.
Quick Claims
We are known for Quick Claim Settlement. If you are going to have a policy via us, your claim settlement is our responsibility. We have a dedicated team which deals in claim settlement.
Policy Administration System (PAS)
Access your insurance policies through single login; service requests, MIS, and renewal alerts.
One Stop Solution
Insuwise Insurance is a platform which deals in multifarious insurance related issues of diverse categories as, Life Insurance, General Insurance, Individual Insurance, Corporate Insurance, Public Insurers & Private Insurers.
Company informations
INSUWISE
No 72/1, 2nd Floor,
8th Main Road, Vasanth Nagar,
Bangalore 560052.