Cancellation This 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 […]

Introduction The 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 […]

  Public Liability Act 1991 The 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- reason The explanation says that” the growth […]

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 […]

INTRODUCTION TO D&O Directors 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 […]

  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 […]

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 […]

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 […]

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.   […]

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, […]