Lift (Third Party) Insurance policy is designed for owners of passenger lifts in buildings to take off their liabilities arising out of the use and operation of the lifts. This insurance policy provides indemnity for the legal liability of the insured for payment of compensation to third parties for loss of life or bodily injury or for the damage to the third party property.
Coverage
Death or bodily injury of any person being a Third Party and not members or of his employees of the insured
Loss or damage to property (not being the property of the insured or of his family members or of his employees)
Direct damage to personal effects of any person(not being the property of the insured or of his family members or of his employees)
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