Public and product liability
Public liability insurance covers a business's legal liability for third-party injury and property damage arising from its premises and operations; product liability covers harm caused by what it sells. Both are underwritten on turnover, occupancy, the limit structure and the geography of exposure — there is no rate table, so the quality of the submission sets the price.
Structured intake and comparison — no benchmark shown until Indian rates are sourced · Updated 2026-09-05
A submission an underwriter can price — turnover, operations, limits and the any-one-accident to any-one-year ratio stated explicitly.
What the RFQ captures
- Proposal type — industrial, non-industrial, construction, lift liability, housing society or school — which sets the questionnaire and the wording
- Insured name, designated premises and a clear statement of the nature of business
- Annual turnover, split by activity and territory where it matters
- Limit of indemnity as any one accident and any one year, and the ratio between them
- Terrorism extension; claims-made or occurrence basis; retroactive date and extended reporting
- Claims in the last three years, and the Public Liability Insurance Act 1991 position where hazardous substances are handled
What changes for the broker
With no formula, the price moves on the submission. Bridge assembles what an underwriter actually prices and surfaces the two-field question with real consequences — the any-one-accident to any-one-year ratio — so you advise on it rather than discover it at claim time.
Quotes are compared on limits, triggers and the clauses that shape cover. As your own placement history accumulates, asked-versus-got becomes knowable, and that is the asset.
Questions
Does Bridge benchmark liability?
No. Liability is underwritten, not rated. Bridge structures the intake, carries the claims-made fields on the quote, and compares insurers term by term.
What about the PLI Act policy?
Where a client handles hazardous substances, the Public Liability Insurance Act 1991 requires a statutory policy. Bridge carries it as a product in the catalogue so it is not forgotten in the programme.