(Querist) 14 July 2015
This query is : Resolved
As per my understanding
Public Liability insurance Act:-Where death or injury to any person (other than a workman) or damage to any property has resulted from an accident, the owner shall-be liable to give such relief as is specified in Schedule for such death, injury or damage.
EAR(Erection All Risks) Policy:- This insurance covers all types of risks involved in the erection of machinery, plant and steel structures of any kind, as well third-party claims in respect of property damage or bodily-injury arising in connection with the execution of an erection project.
Can Anyone Explain the detail difference between above Policies?
J K Agrawal
(Expert) 15 July 2015
Public liability insurance applies on factories and generally pertaining to cover risk during production. EAR is a limited policy specially obtained to cover risk during construction of any building machine etc.