Multiple choice

Under Compulsory Public Liability Policy, the amount of compensation payable per person for actual damage to property is up to

  1. Rs. 2000

  2. Rs. 6000

  3. Rs. 8000

  4. Rs. 25,000
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Public Liability Insurance Act, 1991 imposes liability on no fault basis on those who handle hazardous substances, if a third party is injured or his property is damaged during the course of such handling. The names of hazardous substances and the quantity of each, is listed in the Act. The amount of compensation payable per person is fixed and for actual damage to property, it is up to Rs. 6000.

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