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 Corporate > Liability > Product Liability |
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Cholamandalam | | | |  | Injury or Damage but only against claims arising out of or in connection with products insured against | | Cross Liability | | Defense Costs | | | | | Please refer to the Policy Wordings for the complete coverages, exclusions and terms and conditions of the policy. | | | * Conditions Apply | | | | | | | | | Costs incurred in the repair, reconditioning, modification or replacement of any part of any product which is or is alleged to be defective | | | Product Recall/ product guarantee | | | Deliberate, wilful or intentional non-compliance of any statutory provision | | | Pure financial loss such as loss of goodwill, loss of market etc | | | Fines, penalties, punitive and/or exemplary damages | | | Damage to property belonging to the Insured or held in trust or in custody or control of the Insured or a person in the service of the Insured | | | Contractual liability unless such liability would have existed in the absence of the specific contract | | | Failure of the goods or products to fulfil the purpose for which they were intended | | | | | Please refer to the Policy Wordings for the complete coverages, exclusions and terms and conditions of the policy. | | | * Conditions Apply | | | | | |
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