III IC-74 Practice Questions - III IC-74 Liability Insurance Exam

What is the primary purpose of a Public Liability Insurance Act (PLIA) policy in India?

To provide mandatory cover for professional errors made by medical practitioners To provide relief to persons affected by accidents occurring while handling any hazardous substance To protect directors against claims arising from wrongful acts in management To compensate employees for injuries suffered in the course of their employment

Correct Answer:

To provide relief to persons affected by accidents occurring while handling any hazardous substance

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