Product liability refers to the liability of any or all parties along the chain of manufacture and distribution of any product for damages caused by that product. This includes the manufacturer of component parts (at the top of the chain), an assembling manufacturer, the wholesaler, and the retail store owner (at the bottom of the chain). When you sell, supply or deliver goods, even in the form of repair or service, you may need cover against claims of goods causing injury or damage.

Product liability insurance covers damage or injury caused to another business or person by the failure of your product or the product you are selling. Product liability insurance indemnifies the insured against all sums which the insured becomes legally liable to pay in respect of accidental bodily injury or illness to third parties, and accidental loss of or damage to third party property, arising out of the use, misuse, consumption, or handling of insured products or goods.

Public liability insurance protects you from legal and medical costs that arise from an incident on your property, even if you are not to blame. General business insurance also covers you for public liability but only to a degree. Thus it has become increasingly popular with an increasing number of liability lawsuits being filed every year. It covers you for any damages that a member of the public may be awarded as a result of injury or damage to them or their property caused by your business. It also covers legal fees and other expenses to do with defending any claim.

It is impossible to eliminate all risks if you are running a business. However, the law states that if you cause damage to someone or their property then you will have to pay the claim amount which, in the worst case scenario, could run to many millions of rupees. By taking out PL you are protecting your business against going bankrupt should the worst happen. The insurer will pay the claim and any legal fees.

PII provides firms with a source of additional funds from which it can meet justified claims. By insuring against the risk of claims a firm is less likely to fail to meet their liabilities. Your business involves selling knowledge or skills; or you give advice you may need Professional Indemnity Insurance. It covers you against compensation sought by a client if you have made a mistake or have been negligent. It also covers your legal costs.

Professionals such as architects, consultants, doctors, lawyers, Chartered accountants and designers often also find great benefit in Professional Indemnity cover.

This policy provides the coverage against loss or damage caused by Accidental Fire and Lightening. On payment of additional premium Fire Insurance Policy can be executed to cover the loss or damage caused by other allied perils, which are as follows:

• Earthquake
  
• Riot and Strike Malicious Damage
  
• Terrorism
  
• Strom and Flood
• Typhoon
• Aircarft and Aerial Damag

These days we hear almost everyday about various incidences on Burglary and House Breaking. More your property, more at risk you are.Burglary and Housebreaking means the insured item being stolen after actual forcible and violent entry into or upon the premises by the persons of felonious intention(thieves). This aslo means taking items by the use of arms and/ or threat.

We offer Burglary & Housebreaking Insurance, which makes your life a lot easier.

With our Marine transit Insurance both your imports and exports are covered. When your cargo is on the high seas, do not be tense about it. All you have to do is get yourself covered with the EIC. Here are some points which reflects how fragile your sea cargo actually is:

• Sea Cargo takes longer time to reach Nepal because Nepal does not have dockyard and has to depend on India for arrival and then another journey from the mainland India to Nepal by air or road.
  
• It takes a minimum of 45 days to import goods from some Southeast Asian countries to Nepal by sea.
  
• There is a lot of risks of losing your goods at different custom points due to some technical or human error.
  
• We do not have to tell you the uncertainty involved when it comes to cargo in import- export transit. There are hundreds of unseen problems that could affect your cargo adversely.

We all know that medical expenses in the West are very high. Health and Medical emergency especially in a foreign land is a major cause for worry. We are not always the masters of our body and falling sick cannot be ruled out.

A small time businessman who has taken a risk and gone to Germany with some handicraft goods to see his prospects gets a serious abdominal pain as soon as he lands there. He has to spend much more on hospital bill than on plane ticket to get back to health. In most of the European country, it is mandatory to have travel trip insurance for getting visa permits. For instance, if you are going to Germany then you better take travel trip insurance before applying for visa.

Third Party insurance is another major factor. What if something went wrong because of an oversight from your end and some third person had a problem because of you. For instance you are in a departmental store and you accidentally collide against someone who is carrying an expensive crystal. Covering such damages with your own money could be a problem for you.

It is a combined Fire and Burglary policy. This particular insurance is for the household property. The risks to household properly are manifold and very difficult to illustrate. However some of the common dangers to household property are:

• Fire dangers: Even the most trivial reason, like a stray-lit cigarette butt, can cause a huge fire. No one can tell what could lead to such a thing. It is a simple matter of misfortune.
  
• Electrical malfunctioning: Electrical appliances are very volatile instruments. A minor defect could result in a major fire. For instance, a short circuit could lead to uncontrollable damages.
  
• Burglary and Attempted Burglary: There is a rise in the cases of Burglary and Attempted Burglary in many localities. Such incidents are beyond our control.
  
• Natural calamities like Flood, Storm, Landslide etc cannot be controlled. They happen with uncertainties but recovering from it is a mental trauma. And that is when our insurance cover could make it easier for you.

It is a combined The Vehicle insurance protects you from losses that your vehicle may incur from various possibilities. The possibilities of risks are:

• Direct harm to the vehicle from an accident or some other causes that may or may not be related. For instance, in case of a tyre burst the vehicle may spin off the road and collide with a hill causing major damages.
  
• Any problem that a driver may face if he was driving the vehicle. For instance, in case of a brake failure the driver may meet with an accident and incur damages to his body. This is also covered by our policy.
  
• At times you may not be at fault. Your vehicle may even have been parked. But a third party vehicle with an unrurly driver may crash against your static vehicle and create damages. In such cases also, our policy protects you.
  
• A young executive had bought his first car with the help of a loan from the bank. He later met with an accident, which caused heavy damages to the car. Now imagine what a problem he would be in if he had to repay the loan and also repair his vehicle.

It is a combined The Accidents can happen to you in this unsafe world. You don't need to be driving a car to meet with an accident. Even the most ridiculous accidents can cause huge damages. Personal Accident Insurance covers:

• Death
  
• Permanent Total Disablement
  
• Temporary Total Disablement
  
• Partial Disablement

It is a combined The We all know how risky cash handling can be. It is far more risky when it is in transit. One loss could mean millions in damages. These could be anything like hard cash, bank notes, drafts, postal pay bonds etc.

This could be a real worry for offices that have to do the daily transaction with banks or other offices either via cars or messengers. Any mishaps can occur in between so the best solution is to take the Everest Cash in Transit Insurance.