OMCs jointly take comprehensive Public Liability Insurance Policy to cover established cases of LPG Accidents: Moily
The Minister of Petroleum & Natural Gas Dr. M. Veerappa Moily informed the Rajya Sabha in a written reply tabled today that the Public Sector Oil Marketing Companies (OMCs) have reported, their LPG distributors act as Principal and are responsible for taking insurance policy for accidents, including Third Party Insurance cover to persons and properties, including in the State of Maharashtra. In addition, OMCs jointly take a comprehensive insurance policy called ‘Public Liability Policy’ for Oil Industries, covering established cases of LPG accidents which include personal accident cover, medical expenses, property damage at authorized customers registered premises as per the provisions of the policy of the Insurance Company. This Public Liability Policy covers the whole country, including Maharashtra. He clarified that OMCs do not provide any free insurance coverage with LPG gas connection in the name of the individual customers.
***
RCJ
RCJ