Insurance Of Liability
Liability insurance is a part of the general insurance system of risk financing to protect the policy holder (the "insured") from the risks of liabilities imposed via lawsuits and similar claims. It offers to cover the business owners, professionals and self-employed people against the cost of compensation claims due to malpractice, injury or negligence. There are variety types of liability insurance policies available in the insurance market worldwide that suit the requirement of a business corporation as well as individuals.
MIT has the expertise and capabilities to negotiate and procure liability type of policies on a broad form basis for and on behalf of its clients, including cross border protection arrangement. Outlined below is a host of liability insurance products that can be arranged on a tailor made basis depending on the client’s business operations and exposures:-
General Liability Comprehensive General Liability Employer’s Liability & Workmen Compensation Inn Keepers’ Liability
Directors & Officers Liability Medical Malpractice Single Project Professional Indemnity Professional Indemnity (Lawyers, Insurance Brokers, Consulting Engineers, Architects, Accountants & etc.)
Shipowners’ Protection & Indemnity Port / Terminal Operators Liability Ship Builders / Ship Repairers’ Liability Carriers Legal Liability Freight Forwarders Liability Bailee’s / Stevedores Liability Warehousemen Legal Liability