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Employment Practices Liability Insurance also known as EPLI, is a claims-made insurance policy which compensates defence cost and settlement expenses incurred by an Employer against fighting employee related court cases. An employee is a crucial part of any organisation and fighting against an employee related court case can result in...

Defense cost is primarily all the expenses and fee charges incurred defending against a court case. The cost or expenses include court fees, hiring a lawyer, filing legal paperwork charges, gathering facts expenses and all the other related costs. In insurance many liability insurance coverage policies include these expenses in...

1. What is Key clause? The money policy offers fairly wide coverage for loss of money in a safe/ in transit/ with an authorised employee of the Company by any fortuitous event, subject to specified exclusions in the policy. However as a matter of principle, a loss due to use...

1. What is Fidelity in a business organisation? The bond of trust between an employer and employee & or for that matter in any commercial relationship- is the basis of effective functioning of an organization. The employees are Expected to be dedicated and work honestly for the interests of the...

Off-site storage is an add-on cover which can be availed by the insured after paying additional premium in the Contractors All Risk Insurance Policy. The add-on coverage will be attached to the main policy and it will provide indemnity to the insured for off-site storage. The conditions of the off-site storage...