Rama’s Liability Insurance provides coverage for losses arising from claims of third parties who suffer losses. These could be incidents like bodily injury or damage to property caused by the activities of the insured.
Vehicles are a medium used by businesses and companies to carry out their operational activities.These activities involve the risk of having an accident and damaging the property of third parties. Imagine the company’s truck hits a gas pipeline, causing damage to homes around. The resulting damage has to be paid by the company. Therefore, Rama Automobile Liability Insurance provides protection against the risks resulting from such vehicle operations.
Insurance includes:
Loss (including costs and expenses of the claimant) in connection with bodily injury and/or damage to third party property arising from the use of vehicles (self-owned or non-self-owned) by the insured in connection with work activities during the insurance period.
Who needs this insurance?
Companies engaged in the industry of goods & services that use / own vehicles in carrying out operational activities by following the conditions contained in the work contract.
Insurance excludes:
Further information about excluded risks is as stated in the policy provisions.
Provide financial compensation suffered by other parties due to negligence / fault of the insured and / or people under the supervision of the insured where the insured manage its business.