There is always a risk of unfortunate events. There are many unfortunate incidents in which you lose family members, property, health. Just as many people do not know about free accident insurance by banks on debit/credit cards, similarly there is also insurance against the loss of gas cylinder explosion in India. In general, people are not aware of claiming compensation on this insurance or LPG gas cylinder explosion. Anything can be the reason behind this, but due to lack of knowledge and awareness, people are unable to claim insurance.
Public liability of oil companies
This LPG gas insurance policy group is similar to the insurance cover that is taken by oil marketing companies (OMC) and even dealers across India. Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL) (BPCL) buy insurance policy under the ‘Public Liability Policy for Oil Industry’ to provide immediate relief to OMC victims. All these applies to LPG consumer.
How to claim?
1 In case of an accident, the distributor should be informed in writing as soon as possible by the victim or the victim’s family.
2 After this, the distributor informs the concerned oil/gas company and the insurance company.
3 Oil/gas companies help the concerned customers or family members to complete the process of insurance claims arising from the accident.
4 All LPG distributors have third party insurance to cover the loss in case of LPG accident.
5 PSU oil companies have taken insurance coverage covering all LPG users. To know more about compensation, visit the official website of the respective gas company or contact the nearest branch office.
