LPG insurance policy | Bharat gas insurance policy

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Whats The LPG Insurance Policy in India
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LPG insurance policy

• News regarding ?50 Lakh LPG insurance policy has
  been doing the rounds for quite some time now.
  So, Are the rumours true? Several authorized
  dealers are available for LPG cylinders. In this
  article, well have an overview of Indane Gas
  Insurance Policy, HP Gas Insurance Policy,
  and Bharat Gas Insurance Policy along with some
  stats.

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LPG Insurance Policy Explained

• There are millions of Indians using Liquified
  Petroleum Gas or LPG cylinders for daily needs.
  Furthermore, the number is so huge that
  shortcomings in the process or by the consumers
  keep happening.

• Personal accident cover between ?5-6 Lakh
• Medical expenses between ?1-2 Lakh (per person)
• Property damages between ?1-2 Lakh

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Major Causes Of Gas Explosions

1. Improper use of stoves, furnaces or other
   appliances.
2. Poorly or incorrectly installed gas appliances.
3. Old gas lines or the damaged ones that run from
   the street into your home.
4. Defective gas equipment.
5. Faulty manufacturing of gas cylinders.

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Procedure To Apply For The Claim

• In case of an accident, the customer must
  immediately contact the distributor and submit a
  written record
• The distributor will then informs the concerned
  oil company and the insurance company about the
  incident.
• Furthermore, the distributor will assist the
  customer in completing formalities of the
  insurance claims regarding the accident.
• In addition to this, all LPG distributors also
  have third party liability LPG insurance
  policy to cover losses in the event of an
  accident.

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Heres How Your Claim Can Be Rejected

• Your claim will be rejected if the verification
  proves that the accident was due to your
  carelessness.
• If you werent using ISI-marked accessories when
  the accident happened, your claim can be
  rejected.
• The incident should have occurred at the
  authorized registered premises of the LPG
  customers.
• Claims depend on the amount of loss and not every
  claim amounts to ?40-50 Lakh.

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Measures To Avoid Gas Explosion

• Here are some measures that can help you avoid a
  gas explosion and requirement of an LPG insurance
  policy 
• Check out if the gas is turned on. In case it is,
  turn it off only if its not risky.
• Dont turn on the lights as the spark will light
  up the gas.
• Open all the doors and windows for the gas to
  escape.
• Be aware of where your gas meter is so that you
  can turn it off if not risky.

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Around 260 LPG blast incidents happen every year.
Although the LPG insurance policy covers the
damages where possible, a policy wont bring back
your life. Make sure youre aware of the
precautions asked for by the company to be on the
safer side. A lot of people are not aware that
they are covered under this policy, mostly in
rural India. If you come across someone who has
had a gas accident let them know about the LPG
insurance policy. 
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