Liability Insurance for IT & Software Industry

Liability Insurance for the IT & Software Industry safeguards your business against third-party claims related to bodily injury, property damage, and legal costs. In a sector where client interactions, office visits, and project-based work are routine, one unforeseen incident can result in serious financial setbacks. This policy helps IT companies, SaaS providers, and software developers focus on growth while staying protected from legal trouble that could arise from day-to-day operations.

Get right expert advice

Hassle-free policy

Speedy Claims

Mobile number

We don't spam

Liability Insurance for IT and Software Industry: Inclusions

The Commercial General Liability Insurance for the IT and Software Industry covers the following risks:

The comprehensive general liability policy offers coverage for the bodily injury suffered by a third party.
Any disability caused to a third party shall be covered under the comprehensive general liability policy.
Any damage to the property of a third party shall be covered under the comprehensive general liability policy.
Any personal injury caused to a third party shall be covered under the comprehensive general liability policy.
Any reputation harm caused to a person due to the advertisement method of the IT sector and software industry shall be covered under the comprehensive general liability policy.
Any lawsuit shall be settled under the comprehensive general liability policy.
Any cost that arises due to the investigation shall be covered under the comprehensive general liability policy.
Any medical expenses incurred by the third party shall be compensated under the comprehensive general liability policy.
Any settlement arising due to a lawsuit shall be covered under the comprehensive general liability policy.

Liability Insurance for IT and Software Industry: Add-ons

The policyholder may extend the coverage of the existing comprehensive general liability insurance policy by adding the following:

The policyholder may expand the scope of coverage of a comprehensive general liability policy by adding unique add-ons.
Medical expenses incurred by a third party for the bodily injury designated at the premises of the policyholder can be covered under the existing policy.
Any reputational injury suffered by a party can also be covered under the existing policy.
Any damage that arises due to pollution can be covered under the same policy.

Explore Types of Liability Insurance

Comprehensive Liability Insurance

Contractual Liability Insurance

General Liability Insurance

Product Liability Insurance

Public Liability Insurance

Exclusions Under Liability Insurance for IT & Software Industry

The following are the exclusions of Comprehensive General Liability Insurance for the IT and Software Industry:

Any willful injury inflicted on a party by the policyholder shall not be included under the purview of coverage of the comprehensive general liability policy.
The comprehensive general liability policy cannot discharge any contractual liability.
Any damage related to the workmen's compensation shall only be dealt with under the Workmen's Compensation Act.
Any similar law with regard to Workmen Compensation Insurance shall not be covered under the comprehensive general liability policy.
Any damage to the property of the policyholder shall not be covered under the comprehensive general liability policy.

Commercial General Liability Insurance for IT and Software Industry: Claim Process

Notify the insurer about the incident
Write a letter or email to the insurer
The investigator shall be appointed
The surveyor shall investigate the incident
The surveyor shall prepare a report
The report shall be submitted to the insurer
Insurer shall examine the claim
The claim shall be settled

FAQs

What does 'deliberate' refer to in a comprehensive general liability insurance policy?

Ans: Deliberate refers to the intention of the policyholder to cause harm in order to obtain the appropriate claim. Such actions are excluded from the comprehensive general liability insurance policy.
Does the policy indemnify the policyholder in case of contractual liabilities?

Ans: No, for contractual liabilities, the policy shall be held responsible. He is not entitled to file a claim for such issue.
Can a policyholder file claim in case of a trademark breach?

Ans: The comprehensive general liability insurance policy allows the policyholder to file a claim in case of a trademark breach.
What are the legal expenses covered by the comprehensive general liability insurance policy?
Ans: The following legal expenses can be covered under the liability policy.
- Filing of case
- Judgment of case
- Fee charged by the attorney

Download Policy Wordings of SBIG

Liability Insurance Companies

IFFCO Tokio CGL Insurance

View more insurers

Disclaimer: Above mentioned insurers are arranged in alphabetical order. Policybazaar.com does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.

Commercial Insurance Products

Group Health Insurance

Marine Insurance

Cargo Insurance

Workmen Compensation Insurance

Professional Indemnity

Fire Insurance

Shop Insurance

Comprehensive Liability Insurance

Construction All Risk

Erection All Risk

Cyber Insurance

Directors & Officers Insurance

Contractor's Plant & Machinery

Office Package Policy

Group Personal Accident Insurance

Group Life Term Insurance

Drone Insurance

We don't spam

View plans

By clicking on " Check Your Premium Now " you agree to our Privacy Policy and Terms Of Use

Comprehensive Liability Insurance Articles

Popular Articles
Recent Articles

What is a Certificate of Insurance?

Certificate of Insurance (COI) is an official document issued by an insurance company or broker that verifies a...Read more

26 May 2025 by Policybazaar 621 Views

Top Low Investment Business Ideas With High Profit

Starting a business doesn’t always require hefty capital. In fact, some of the most successfulventures in India...Read more

26 May 2025 by Policybazaar 896 Views

Employer Liability Insurance

Employers Liability Insurance covers claims from workers who suffer job-related injuries or illnesses not covered...Read more

19 Jan 2021 by Policybazaar 11915 Views

The Public Liability Insurance Act, 1991

The Public Liability Insurance Act of 1991 comprises 23 sections and one schedule. The act was brought to provide...Read more

31 Mar 2023 by Policybazaar 10405 Views

What are Employment Practices Liability Insurance and How Does it...

Employment Practice Liability Insurance (EPLI) is a type of insurance policy designed to protect businesses from...Read more

12 Apr 2023 by Policybazaar 4790 Views

Product Recall Liability Policy Work, and What Does It Cover?

Product recall liability policy is generally purchased by manufacturers dealing with toys, electronics, beverages...Read more

28 Mar 2023 by Policybazaar 4553 Views

How is Public Liability Act Premium Bifurcated from the Environmental...

The environment relief fund is a part of the public liability insurance act. The inclusion of an environment...Read more

03 Apr 2023 by Policybazaar 3428 Views

Choosing Between Occurrence-Based and Claims-Made Policies

Choosing the right insurance policy is a crucial decision for any business owner. With so many different types of...Read more

22 Feb 2024 by Policybazaar 2221 Views

Public Liability Insurance for LPG Customers

Public liability insurance is the result of the Bhopal Gas Tragedy. The insurance act was passed in order to avoid...Read more

31 Mar 2023 by Policybazaar 3080 Views

Commercial General Liability Insurance for Restaurants in Foodborne...

The pressure on restaurants to maintain the highest hygiene and safety standards is enormous as they are subject...Read more

27 Feb 2024 by Policybazaar 2137 Views

Product Liability under the Consumer Protection Act, 2019

The Consumer Protection Act 2019, CPA 2019, is a revolution in the consumer law jurisprudence of India by...Read more

15 Jul 2025 by Policybazaar 607 Views

What Parts of Automotive Liability Are Covered And Not Covered under...

Commercial General Liability (CGL) is an insurance policy that offers coverage to businesses or companies for the...Read more

30 Mar 2023 by Policybazaar 2926 Views

Product Liability under the Consumer Protection Act, 2019

The Consumer Protection Act 2019, CPA 2019, is a revolution in...Read more

15 Jul 2025 by Policybazaar 607 Views

What is the LLP Amendment Act, 2021?

The LLP Amendment Act 2021 is a landmark amendment of the...Read more

15 Jul 2025 by Policybazaar 259 Views

What is the Limited Liability Partnership (LLP) Act, 2008?

Limited Liability Partnership (LLP) Act 2008 is an Indian...Read more

11 Jul 2025 by Policybazaar 395 Views

What is LLP?

An LLP or Limited Liability Partnership is a business form that...Read more

02 Jul 2025 by Policybazaar 250 Views

What is Demand Planning?

Demand planning forecasts customer demand to help businesses...Read more

27 Jun 2025 by Policybazaar 175 Views

Ways to Improve Customer Satisfaction

Customer satisfaction is a non-negotiable component of a...Read more

27 May 2025 by Policybazaar 329 Views

What is a Certificate of Insurance?

Certificate of Insurance (COI) is an official document issued by...Read more

26 May 2025 by Policybazaar 621 Views

Top Low Investment Business Ideas With High Profit

Starting a business doesn’t always require hefty capital. In...Read more

26 May 2025 by Policybazaar 895 Views

How to Choose the Right Limits of Liability for Your Business?

In the world of business insurance, limits of liability refer to...Read more

23 May 2025 by Policybazaar 161 Views

Understanding Consumer Psychology to Create Good Products

Consumer psychology is the study of how individuals think, feel...Read more

29 Apr 2025 by Policybazaar 413 Views

Why Sustainable Business Practices Are Necessary for Company Growth?

Sustainable business practices refer to strategies and processes...Read more

29 Apr 2025 by Policybazaar 323 Views

Policybazaar for Business - Comprehensive Liability Insurance - Customer Reviews

View all 27 reviews

View all

out of 5

Based on 27 reviews

1 users

15 users

11 users

0 users

4.3 April 09, 2023

Shubh

Competitive Premiums

The premiums offered by PolicyBazaar for the Comprehensive General Liability Insurance are competitive, considering the extensive coverage and top-notch customer service they provide.Truly recomend it.

Ludhiana

4.3 March 28, 2023

Prakhar

Worth Buying

PolicyBazaar worked closely with me to tailor the coverage to meet the specific needs of my business.Worth buying.

Dehradun

3.8 March 16, 2023

Veer

Wide Coverage

One of the most significant aspects of this insurance is its coverage. It provides extensive protection against a wide range of liabilities, including bodily injury, property damage, etc. Thanks for the policy PB

Lucknow

3.8 March 04, 2023

Akash

Peace Of Mind

I have been a satisfied customer of PolicyBazaar for several years now. It offers a comprehensive and reliable safety that has given me peace of mind and allowed me to focus on growing my business without constant worry about unforeseen events.Thankyou PB.

Bareilly

3.8 February 20, 2023

Ram

Claim Process Is Hassle Free

PolicyBazaar's claims process is efficient and hassle-free. In the unfortunate event of a claim, they handled everything swiftly and professionally, ensuring a smooth resolution without unnecessary delays. This reliability and promptness have further strengthened my trust in their services.Thankyou.

Delhi

4 February 20, 2023

Rohan

Great Customer Support

PolicyBazaar can help you get your Insurance as I am in the construction Industry and needed some guidance on risk concerns. I contacted PolicyBazaar Team, whO explaned to me the process to get the Insurance. Thank you PolicyBazaar.

Jamshedpur

3.8 February 16, 2023

Aditi

Damages Covered

I recently purchased CGL insurnace from PolicyBazaar. They helped me to cover my damages. Thankyou.

Jamshedpur

4 February 12, 2023

Neha

Helpful Team

We were looking to buy Comprehensive General Liability Insurance Plan that protects Third party property from any accidental damage at my workplace. So we landed on the PolicyBazaar website. It was well managed and described all the benfits in detaill... We contacted their Customer support and dcided to buy from them. Thanks, PolicyBazaar Team

Coimbatore

3.8 February 08, 2023

Veer

All In One Platform

It is an All in one platform which provided me unique perks, Low premium prices and a fast claim settlement process. Thankyou PB. Excellent platform.

Vadodara

4.3 February 04, 2023

Amar

Good Package

Got a really good coverage. Thanks, PolicyBazaar

Lucknow

27 Review Item

Write a Review

Disclaimers⁺
⁺Premium varies on the basis of Occupancy, Business Activity & Coverage Type
By clicking on "View Plans" you agree to our Privacy Policy and Terms Of Use and also provide us a formal mandate to represent you to the insurer and communicate to you the grant of a cover.
The details of insurance coverage, inclusions and exclusions are subject to change as per solutions offered by insurance providers. The content has been curated based on the general practices in the industry. Policybazaar is not responsible for the factual correctness of these details.