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CancellationThis insurance is to indemnify the Assured for their Ascertained Direct Net loss, should the insured Events(s) described in the Schedule, be necessarily Cancelled, Interrupted in whole or in part and for additional expenses which the insured incurs for the continuation of the event.  The Cancellation, Interruption is the sole and direct result of any cause beyond the control of the Assured and participants therein (except as hereinafter excluded), subject always to the terms, conditions and exclusions of the policyPerils Covered Under the Policy:Loss or Damage to the Venue due to Fire and allied perils (Excluding Adverse Weather).Death of President of India/ Prime Minister of India / Chief Minister of the state where the Event is being held  Public Liability Insurance Loss or d...

IntroductionThe structure of the policy for both industrial and non industrial risks is almost the same. Both the classes are governed by market agreement which came into force from 1.1.1988 for industrial risks and from 1.12.1991 for non industrial risks.According to Maket Agreement, industrial risks are manufacturing industries and storage risks such as depots, warehouses, godown, tanks, farms etc whereas non industrial risks are hotels, club houses, cinema halls, office premises etc.These policies ie. Public liability Insurance (industrial and non industrial) have the same coverages, exclusions.Coverage:- The Insurer Undertakes To Indemnify The Insured For Bodily Injury Or Property Damage Claims Arising Out Of Accidents, Arising Out Of And In Connection With Business, Specified In The P...

 Public Liability Act 1991The Public Liability Act 1991 is“An act to provide for public liability insurance for the purpose of providing immediate relief to persons affected by accident occurring while handling any hazardous substance and for matters connected therewith or incidental thereto”Public Liability Act- reasonThe explanation says that” the growth of hazardous industries, processes and operations in India has been accompanied with by the growing risks from accidents to the innocent victims. Very often, the majority of people affected are from weaker sections of the society. It is therefore felt necessary to provide for mandatory public liability insurance for installations handling hazardous substances to provide minimum relief on the principle of “NO FAULT LIABILITY”This Act make...

What is Product Liability?A product liability policy provides indemnity to the Insured against legal liability to pay for damages and/or Injury arising out of any defect in the products manufactured and covered under the policy.“Product” means any tangible good or property, after it has left the custody and control of the insured, which has been designed, specified, formulated, treated, serviced, altered or repaired by or on behalf of the insured.“Damage” means physical loss or damage to tangible Property.“Injury” means death, bodily injury, illness or disease of or to any person. Scope of Cover -This policy indemnifies the insured against legal liabilities to:pay compensation including claimant’s cost, fees and expenses in accordance with the laws of the country. Arising out of injury, da...

INTRODUCTION TO D&ODirectors and officers of companies hold positions of trust and they have responsibility to their company, the shareholder, the employees, the public at large etc. They may become liable to pay damages for wrongful acts like failure of supervision of the affairs of the company etc.   Apart from common law responsibilities, the duties of directors under the companies Act relate to prudent management of the copmpany.Liability of Directors and OfficersDirectors and Officers may be liable to Employees eg. Unfair dismissalShareholders CreditorsGovernment regulatory bodiesMembers of the public etcCoverageThe Policy shall cover “Loss” which means legal liability of the Directors or officers to pay damages or costs awarded against them and costs and expenses incurred by the ...

 What is a CGL Policy?This is a complete policy to provide seamless protection to the Insured, and covers Third Party Liabilities arising from various business exposures such as those arising from Premises, Products, and completed operations, Advertising and Personal injury and also provides supplemental payments, thus ensuring complete protection to the insured against Liability issues. Commercial Liability includes the liability of the companies towards the public as well as the employees at large. Covers Public in the company premises as well as the Product in the customers premises. Liability arising in any case aforesaid are covered under this insurance.Basically liability Insurance triggers when a suit is filed against the insured. Key Policy Features :The policy can be obtained on e...

The Datatrained Job Fair held at the Greater Noida Institute of Technology on The 9th of March 24 marked a monumental day for DataTrained and Greater Noida Institute of Technology, as they witnessed an unprecedented turnout at the DataTrained Job Fair. Overflowing with joy and gratitude, both parties are overwhelmed by the resounding success of the event. Farhad Khan, reflecting on the overwhelming response, expressed his elation, stating, "The enthusiasm and participation we witnessed from students at the job fair were truly remarkable. It's incredibly fulfilling to see so many young minds eager to carve out their paths in the professional world."  In alignment with their commitment to student welfare and empowerment, Farhad Khan announced plans for more such job fairs in the future. "Our...

Cadabams Hospitals, India's largest mental healthcare facility, today announced the launch of "Anunitha Deaddiction Centre for Women," a specialized de-addiction center dedicated to supporting women struggling with substance abuse. This launch marks a significant step forward in addressing a previously neglected crisis: addiction among women in India.The National Survey on Substance Use in India reveals a shocking statistic – 57.4 lakh women are estimated to be battling substance abuse. Peer pressure, lack of awareness about setting boundaries and societal expectations is pushing young women towards addiction, often shrouded in silence leaving them hesitant to seek help due to the stigma associated with addiction.  Furthermore, the limited availability of women-specific treatment options h...

Dubai's Zabeel Park illuminated with excitement on March 3rd, 2024, as the prestigious GAMA Awards Exclusively Marketed By Msg Advert Pvt Ltd unfolded, recognizing excellence in cricket analysis. Among the distinguished winners was Yahya Ibrahim, who clinched the coveted title of Best Cricket Analyst of India, marking a momentous achievement in his remarkable journey. The GAMA Awards which was exclusively Marketed By Msg Advert Pvt Ltd , renowned for honoring the brightest talents in the cricketing world, showcased the pinnacle of expertise and dedication within the field of sports analysis. From seasoned veterans to emerging talents, the event celebrated individuals who have made significant contributions to the understanding and appreciation of the game. Yahya Ibrahim's triumph at the GA...

India is among the leading countries when it comes to the number of tourists from non-CIS countries who visit Moscow. In the spring and summer of 2024, Russia is preparing to receive even more business and educational tourists from India. Business visits remain one of the most popular purposes of trips to the Russian capital, but classic tourism is also popular: the number of travelers visiting Moscow in 2023 increased by 37% compared to 2022. The Moscow City Tourism Committee discusses main points of attraction in Moscow for Indian tourists and businessmen at different times of the year. Comfortable hotels and convenient transportation The Russian capital offers hundreds of hotels for comfortable 4- and 5-star accommodation. Depending on the travel program, you can choose hotels closer to...