One of major objectives of public liability insurance act 1991
Answers
An Act to provide for public liability insurance for the purpose of providing immediate relief to the persons effected by accident occurring while handling any hazardous substance and for matters connected therewith or incidental thereto, was introduced in 1991. The Act gives relief on the principle of “No Fault”.
Answer:
The public liability insurance act 1991, was introduced to support the general people from the sudden requirements of finance when there is a great crisis for money.
Explanation:
When there are many people having a great time and unaware of any accidental occurrence, not even cautious are unable to take preventive measures for the purpose of accidental happenings. At that instance liability insurance acts as a last line of defense for an individual.