Liability Insurance

Liability Insurance

Liability Insurance

Liability is a form of insurance designed to indemnify an Assured against payouts made to 3rd parties by way of compensation in respect of damages and/or losses arising from death, bodily injury & property damage.

Liability Insurance is centric to liability assumed by a person or an entity in the course of its dealings arising out of lack of skill, care & judgment commonly known as ‘breach of duty of care’. Any financial losses arising from breach of duty of care and having to be paid persons affected is indemnifiable under Liability Insurance policy. This includes the award of compensation, defense & claimant’s costs.

The policy covers legal liability for Accidental Property Damage of and/or Death/Personal Injuries to Third Parties arising out of operation of the insured business within the Territorial Scope. The policy specifically excludes liability arising out of products being sold, supplied or professional services rendered by the Insured, loss or damage to property belonging to or in the care, custody or control of the Insured, and liability to employees against occupational accidents/injuries.

This cover can be granted as an extension to Third Party Liability Insurance to protect against legal liability to Third Parties for property damage and/or death/personal injury arising out of defects in the products sold, supplied or manufactured by the Insured.

Professional Indemnity Insurance is a solution for service providers to transfer the risk of being sued for a mistake that they might make. It has been laid down in courts of law that the highest possible standard of care and accuracy must be exercised by a professional who accepts a fee for giving advice on technical matters. Traditionally professionals like Architects, Engineers, Accountants, Doctors, and Lawyers, often purchase Professional Indemnity policies. Normally the victim would have to establish negligence on the part of the service provider in order to succeed in a claim.

WCI Policy covers employers against liability arising under the WCI Act as well as protect from any legal liability that may arise from claims by employees under Common Law. The WCI applies to all employees regardless of their level of earnings. It is not compulsory to cover those employees under WCI policies, but employer will still be required to pay compensation for a valid claim under the Act.

  • All liabilities prescribed in the Workmen’s Compensation Act
  • Liability under common law
  • Liability to pay compensation for injury suffered by a workman
  • Liability to pay compensation for occupational diseases contracted by a workman
Additional covers not prescribed in the Act such as:
  • Riot & Strike Cover
  • Terrorism Cover
  • Travel Cover – Travelling to work from home and vice versa
  • Off duty Personal Accident Cover
  • Full Wage Cover – Payment of monthly salary on temporary disablement for thirty days subject to maximum limit of monthly salary defined as payable under the policy
  • Natural Death Cover

All employers who are legally liable for the death or injury of their workers during the course of their employment

Liability Insurance
Policy Document


What our customers say

Danuska Pradeep

I am very happy with the services you provided. Thank you so much. I would certainly recommend your Company to my friends.

Thimalsha Weerasinghe

Thank you so much for your all help and patience. You have been fantastic being so patient and answering any and all my questions etc. I highly recommend your service to my friends and family.

Kalana Madupa

I am now very happy that my life insurance policy has been put into force. I would really like to thank you for your reliable and prompt response always. Again, thank you very, very much for everything

Mihiri Sithumini

Many thanks for all your help in this matter. I have to say I really appreciate the efficient, kind and friendly manner that you have displayed in dealing with this. Sadly it seems to be lacking in so many areas of this modern world. You have restored my faith.

Mekala Gamage

I have been meaning for the past month to email and thank you for all your help at such short notice at the end of February. Everything is now in place with my life insurance and I feel so much better!! I hope you don't mind, but I have passed your details on to a friend of mine.