When the Public Liability Insurance is Not Paid?
The event giving rise to the claim should have occurred during the period of insurance of public liability insuranceor retroactive period. If not, the insurer will not be acknowledged for the claim. The maximum amount payable including defence cost will be the AOA limit selected.
Any number of Public Liability Insurance claims made during the policy period will be covered subject to the total indemnity not exceeding the Any One Year limits. The policy will not pay for claims arising out of contractual liability, intentional non compliance of any statutory provision, loss of goodwill, slander, fines, penalties, libel, false arrest, defamation, mental injury etc.
Public Liability Insurance does not cover personal injuries and mental injury, shock resulting there from infringement of plans, copy-right, patent, registered design. It also does not cover fines, penalties, punitive damages, exemplary damages, transportation of materials outside premises, injury to any person under a contract of employment.