1. All legal cost such as lawyer fees, bail bond expenses, defense cost etc
2. Investigation cost
3. Media & advertisement expenses
4. Expenses to be incurred as compensation as directed by court of law such as medical expenses, covering financial expenses of victim

1. Worldwide coverage
2. Product recall expenses
3. Product guarantee
4. Vendors liability
5. Technical collaborators Liability
6. Sudden or accidental pollution liability
7. Damage to premise rent to insured
8. Product completed operations hazard
9. Personal and advertising i
10. Food & beverage liability
11. Public relation cost
12. Crises communication cost
13. Interest on full amount of judgement

1. Loss of market goodwill
2. Deliberate or wilful or intentional non compliance of any statutory  provisions
3. Pure financial loss
4. Fines, penalties, punitive or exemplary damages
5. Consequence of war, invasion, act of foreign enemy or alike circumstances
6. Nuclear or radioactive contamination
7. Contractual liability

Although, it could be any one from where these liability may come from however some of the possible sources are:

1. Share holder, Promoters, Investors
2. Lendors, Creditors
3. Customers
4. Public/Government/Statutory Authorities
5. Employee or employee family
6. Competitor

1. All legal cost such as lawyer fees, bail bond expenses, defense cost etc
2. Investigation cost
3. Media & advertisement expenses
4. Expenses to be incurred as compensation as directed by court of law such as medical expenses, covering financial expenses of victim

1. Worldwide coverage
2. Employment practice related litigation
3. Corporate manslaughter
4. Automatic cover new acquisition or merged companies
5. Outside entity director
6. Run off cover outside entity officers
7. Asset & liberty cost
8. Spouse, legal heir representative cost
9. Extradition cost
10. BI/PD Carveback for corporate manslaughter & OH & Safety
11. Control group clause
12. Counselling extension
13. Lifetime discovery period
14. FCPA & UK Bribery act endorsement
15. Insured v/s Insured claim
16. Final adjudication clause
17. Kidnap response cover
18. Pecuniar penalties where insurable by law
19. Pension trustee
20. Regulatory crises response cost
21. Severability and non imputation of knowledge
22. Spouse legal liability
23. Tax Liability endorsement
24. Whistleblower claims for retaliation
25. Public Relation cost
26. Crises communication cost
27. Interest on full amount of judgement

1. Loss of market goodwill
2. Deliberate or wilful or intentional non compliance of any statutory  provisions
3. Fraud & dishonesty
4. Prior litigations, demands or judgement
5. Coverage under professional indemnity insurance
6. Fines, penalties, punitive damages

1. All legal cost such as Lawyer fees, bail bond expenses, defense cost etc
2. Investigation cost
3. Media & advertisement expenses
4. Expenses to be incurred as compensation as directed by court of law such as medical expenses, covering financial expenses of victim

1. Worldwide coverage
2.  Asset & liberty cost
3. Extradition cost
4. Counselling extension
5. Final adjudication clause
6. Severability and non imputation of knowledge
7. Public Relation cost
8. Crises communication cost
9. Unintentional breach of confidential information
10. Infringement of IPR, copyrights, patents or trademarks
11. Interest on full amount of judgement
12. Notification extension clause
13. Cross Liability
14. Spouse, estates, legal representatives
15. Subsidiaries & managed organizations
16. Unintentional libel & slander clause
17. Loss of documents
18. Contractor/subcontractor liability
19. Fraud & dishonesty of employees

1. Loss of market goodwill
2. Deliberate or wilful or intentional non compliance of any statutory  provisions
3. Fraud & dishonesty
4. Prior litigations, demands or judgement
5. Criminal acts
6. Punitive or exemplary damages
7. Nuclear & radioactive perils
8. Political risk
9. Sanctions limitations & exclusion clause

Self loss/liability

1. E-theft loss as a consequence of having transferred funds or property value or given value due to fraudulent input of data into computer system or through network into computer system
2. E-communication loss due to a customer having transferred funds or property value or given value on the faith of any fraudulent communication for which insured are held liable
3. E-threat loss including cost of a professional negotiator and any payment/fund made or property surrender as intended extortion payment
4. E-vandalism loss including one’s intended by insured employee
5. E-business interruption including extra expenses
6. Privacy notification expenses including cost of credit monitoring services or similar services for affected customers
7. Crises expenses including public relation cost

Third party loss/liability

1. Disclosure liability/ including customer claims due to system security failures resulting in unauthorised access to or dissemination of private/confidential information on internet
2. Content liability
3. Infringement of IPR, Copy rights, trademark etc
4. Reputational liability
5. Alleged disparagement of products & services
6. Libel & slander, defamation & invasion of privacy
7. Conduit liability
8. Liability arsing system security failures leading  to harm to third party systems
9. Impaired access liability including claims due to system security failures leading to systems being unavailable to customers
10. Defense cost
11. Extradition proceedings

1. Loss of market goodwill
2. Deliberate or wilful or intentional non compliance of any statutory  provisions
3. Full severability
4. Fraudulent or wilful violation of any such law or regulation
5. Bodily injury, sickness, disease, death of any person or damage to any tangible property
6. Mechanical failure, gradual, deterioration, electric disturbance, media failure, malfunction or breakdown

Financial loss and/or Property loss or damage and/or Legal liabilities  due to below circumstances:-

1. Loss of money security or other property by theft or forgery or dishonest  by employee.
2. Losses from destruction, disappearance, wrongful abstraction, or computer theft, or money or securities from insured premises
3. Losses from destruction, disappearance, wrongful abstraction, or money or securities outside insured premises by a third party
4. Losses from instruments such as cheques fraudulently withdrawn on the insured accounts by a third party
5. Computer fraud such as fraudulent electronic fund transfer
6. Reconstitution cost if cause of loss is under IT criminal act
7. Additional cost such as rent for temporary replacement of any equipment or premises or office, external workforce/employees, transportation of equipment or documents

1. War, Civil war, insurrection, rebellion, revolution, military action, terorism
2. Cost of recovery of information contained in lost documents such as manuscripts, records, accounts etc
3. Loss of trade secrets
4. Loss occurred due to employee who was guilty of some fraud previous as well
5. Business interruption or consequential loss such as loss of potential income
6. Fines & penalties
7. Criminal act committed by Shareholder or director
8. Inventory shortages

Financial loss due to dishonest/fraud act of employee resulting into:

1. Loss of money, securities or other asset
2. Forgery
3. Embezzlement
4. Larceny

1. More than one claim in respect of any one employee
2. Loss arising outside india
3. Inventory losses
4. Supressions of facts at issuance of policy

In an increasingly working environment, possibility of death or bodily injury to any employee during course of employment cannot be ruled. And since employee rights under law have also moved forward very much in corporate world with better communication thus significant liability will certainly come over employer account under such circumstances.

Therefore it is always important for every employer to cover their such uncertain liability cause they are going to be very significant in quantum when it will come. Also, cost of such insurance solution is also very minimal in comparison to quantum of liability.

Though policy covers all under liabilities under employee compensation act 1923, the fatal accidents Act, 1855, Common law. However, circumstances are illustrated as below:-

1. Death
2. Permanent total disablement
3. Permanent partial disablement
4. Leave benefit during loss of salary under medical recovery period
5. Medical expenses
6. Payroll employees, contractor/subcontractor employees

1. War, nuclear, riot
2. Employees who are not covered under employee compensation act 1923
3. Accident under influence of alcohol or such drugs
4. Any injury which does not result in fatality or partial disablement for period exceeding 3 days
5. First 3 days of disablement where total disablement is lesser than 28 days

1. Multi mode transport operator
2. Freight forwarder
3. Haulers
4. In transit warehousing
5. Ship agents
6. Clearing & forwarding agents
7. Custom house agents
8. Packing and consolidating agents

1. Air movements
2. Sea movements
3. Road movements
4. Rail movements
5. Acting as agent for third party NVOC principals

1. Physical loss or damage to vessel or equipment owned or operated by a subcontractor or customer.
2. Physical damage or loss to cargo whilst in custody, care and control of insured or a party who has contracted/sub contracted to provide transport services
3. Consequential loss and/or business interruption resulting from 1 above.
4. Unrecoverable cargo’s contribution to general average.
5. Fines and Duty.
6. The errors and omissions extension would cover legal liability arising out of the operations of the insured following a negligent act, error or omission by the insured, his agent or subcontractor.
7. The Third-Party Liability extension would cover physical loss or damage to property, bodily death or injury or illness and legally recoverable consequential loss arising out of the operations of the insured

1. Insured or its contractor/subcontractor own wilful, dishonest, fraud, deliberate negligence act of conduct
2. Illegal trade such as contraband
3. Contractual liability
4. Liquidated, punitive or exemplary damages
5. Mysterious disappearance or unexplained loss or shortages
6. Hijack of cargo during rail or road transportation
7. Infringement of copyrights, trade marks, patent, service mark etc

1. Compensation against physical damage/loss of cargo caused directly by Fire/accident of vehicle carrying cargo
2. Financial loss resulting from lost freight in connection to damaged part of cargo
3. Carrier legal liability for cargo under Carrier Act 1865
4. Legal cost incurred in the litigation filed by claimants
5. Cost of average adjusters
6. Damage due to indecent handling
7. Transshipment, emergency storage costs
8. Damage by flood or water or by other cargo
9. Insurance is extended during loading/unloading and whilst being monetarily loaded or unloaded during regular course of transit
10. Loss/damage due to criminal act or negligence of insured’s employees

1. Strikes or act of terrorism
2. Depreciation, delay in delivery, loss of market or any act of confiscation by Public authority
3. Liability under contract which is not under Carrier act 1865
4. Damage to insured or insured employees own property
5. Inherent vice or defect, deterioration, wear and tear, decay or spontaneous combustion of perishable goods is excluded from carrier legal liability insurance coverage.
6. Any consequential loss arising from the loss or damage to goods.
7. Any consequence of riots, strikes, war, ionizing radiations
8. Goods which may be illegal or illicit or smuggled