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Product Liability Insurance Add-on Covers

Technical Collaborators Inclusion Clause

It is a technical collaboration agreement between the insured and the collaborator against legal liabilities. The policy does not cover any claims arising outside of India, except for export claims

Vendor’s Liability Extension Clause

This policy may be extended to include any person or organisation designated as 'vendor’ as an insured, but only with the distribution or sale in the regular course of the vendor's business of the insured's products However, if the insured is not the manufacturer of the product and it is manufactured by sub- contractors or licenced manufacturers under their brand name, then the products can be covered under the product liability policy at an additional premium

North American Jurisdiction Extension Clause

The policy may be extended to cover the indemnity in respect of any judgement, award or settlement made within countries that operate under the laws of the United States of America or Canada. Such extension where a specific amount has been entered against 'Applicable Excess' and where a specific date has been entered as "Retroactive Date" in the policy schedule under the "North American Jurisdiction”

Key Features of Shriram Liability Insurance

Instant Application Process

Instant Application Process Simple and easy process for a hassle-free insurance journey

Third-Party Coverage

Get comprehensive coverage for your business needs

Claim Settlement

On-time claim settlement is guaranteed

Key Features of Shriram Liability Insurance

Frequently Asked Questions

What is Third-Party (TP) liability insurance?

Third-Party (TP) liability coverage is an insurance cover provided by the insurer to protect various third-party damages (damages to another person's body/property) of the policy holder

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Blogs

What to Consider When Insuring a Classic or Vintage Car ?

Posted on 2025-06-16 12:57:39

Owning a classic or vintage car in India is not just about transportation—it’s about preserving a piece of history. These automobiles are often collectors’ items, evoking nostalgia and commanding admiration. But safeguarding such prized possessions requires more than a standard insurance policy. This is where classic Car Insurance and vintage Car Insurance come in. In this blog, we explore essential Car Insurance tips, discuss regulatory distinctions, and explain how to protect your vintage treasure with the right insurance in India.

Microchips to Market: Understanding the Global Car Shortage

Posted on 2025-06-13 12:55:33

The worldwide car shortage is more than simply a remote supply issue. It potentially affects the market for millions of automobile customers, thousands of dealers, and also the manufacturers in India. The source of the issue? A worldwide automotive pipeline has been choked by a semiconductor crisis, resulting in increased prices, longer wait times for new automobiles, and a halt in vehicle technological advancements. This blog examines the causes of the crisis, its effects on India, and the potential restoration to normalcy.

How to Calculate the True Cost of Car Ownership Beyond the Purchase Price

Posted on 2025-06-12 12:12:03

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Safeguard your Business from Risks with Shriram Liability Insurance