Oil & Gas Insurance

This policy covers all risks of physical loss and destruction to the insured properties (including Legal liability arising thereof) to the properties of the insured or arising out of the insured’s operations (including their agents). Properties covered under this policy would include the following:­

  • Oil Rigs and Platforms
  • Pipe Lines
  • Flow Stations
  • Gas Terminals
  • Tank Farms
  • Operators Extra Expenses
  • Cost of Controlling Well Fire
  • Cost of Re-drilling
  • Oil Seepage and Pollution (Clean Up Costs and Third Part Liabilities)

General Third Party Liability (GTPL)

This covers the Insured’s legal liability for accidental third-party death and bodily injury and/or property damage arising directly out of the performance of the insured company’s project subject to the limits stated in the policy.