Page 49 - The Insurance Times February 2026

Y Fines and penalties 6. Don’t Choose the Cheapest Policy Blindly
Y Cyber or pollution risks (unless specifically covered) Lower premiums often mean:
Y Narrower coverage
Unnoticed exclusions are a major cause of claim dis-
Y Higher deductibles
putes.
Y Restrictive exclusions
3. Don’t Underestimate Long-Tail Risks Focus on coverage quality, not just price.
Liability claims may arise years after the incident. Avoid
choosing short-term or one-off policies without consid- 7. Don’t Overlook Jurisdiction and Territorial Limits
ering continuity of coverage. Ensure the policy covers:
Y Overseas operations (if applicable)
4. Don’t Assume All Liabilities Are Automatically
Covered Y Applicable legal jurisdictions
Different liabilities require specific extensions or sepa- Y Cross-border claims can be excluded if not explic-
rate policies. For example: itly covered.
Y Cyber liability is not covered under standard public
liability. Conclusion
Liability insurance is not a standard, one-size-fits-all prod-
Y Employee injuries may require separate employer’s uct. It requires a careful understanding of legal exposure,
liability or workers’ compensation cover.
policy structure, reporting obligations, and exclusions. By
following the right Do’s—such as selecting appropriate cov-
5. Don’t Delay Claim Notification erage, ensuring continuity, and understanding claims trig-
Late reporting of incidents or circumstances that may gers—and avoiding common Don’ts like under-insurance or
give rise to a claim can invalidate coverage under claims- poor disclosure, policyholders can secure meaningful protec-
made policies. tion against potentially catastrophic financial liabilities. T

Liberty General Insurance launches ‘Liberty Assure’, a value-driven
add-on cover to enhance motor insurance experience

Liberty General Insurance Ltd. recently launched Liberty pair facility in the event of a run-out-of-charge situation,
Assure, a new add-on cover designed to elevate the private ensuring continuity of assistance across conventional and
car ownership experience through assured assistance and electric vehicles.
faster, more reliable service. The add-on strengthens Speaking at the launch, Mr. Parag Ved, CEO & Whole-Time
Liberty’s motor insurance proposition by focusing on conve- Director, Liberty General Insurance Ltd., said, “Motor insur-
nience, reduced downtime, and enhanced repair support, ance today must move beyond protection to delivering real,
addressing key pain points customers face during claims and on-ground support when customers need it most. Liberty
breakdown situations. Assure, our latest product offering reflects this shift. It brings
Liberty Assure offers a range of value-added benefits when together priority service, quality assurance, and meaning-
a vehicle is repaired at a Liberty Authorised Repair Shops*, ful value additions that simplify the ownership journey and
including priority repair and delivery, six-month assurance reinforce customer confidence. By reducing downtime, eas-
on workmanship, free engine tune-up, complimentary A/C ing repair-related stress, and ensuring consistent service
check-up, free pick-up and drop, and wheel alignment and standards, Liberty Assure helps customers get back on the
balancing for claims above INR 15,000. In addition, the add- road faster, with greater peace of mind.”
on provides a waiver of compulsory deductible, helping cus- Liberty Assure is available with Liberty General Insurance’s
tomers significantly reduce out-of-pocket expenses at the
Private Car Package Policy, Bundled Cover, Standalone Own
time of claim. Damage Policy, and long-term private car policies, subject
The add-on also includes integrated vehicle assistance ser- to applicable terms and conditions. With this launch, Liberty
vices, such as onsite repairs, flat tyre support, and vehicle General Insurance continues to strengthen its customer-first
relocation in case of a major breakdown. For electric vehicle approach, delivering practical innovations that enhance
owners, Liberty Assure extends support through vehicle re- everyday mobility while reinforcing trust, reliability, and
location to the nearest authorized charging station or re- service excellence in motor insurance. T

44 February 2026 The Insurance Times