Carrier’s Legal Liability Insurance: A Crucial Yet Overlooked Protection for Transporters
The Carrier’s Legal Liability (CLL) policy has historically been overshadowed by popular insurance types like truck insurance, health insurance, or transit insurance. Having worked in the insurance sector for over 20 years, primarily focusing on recovery from transporters under subrogation rights, I have seen firsthand how inadequate many CLL policies can be—often collecting premiums without properly protecting transporters.
Challenges with Existing Carrier’s Legal Liability Policies
- Government Insurance Companies:
- Cover loss due to fire and accidents, but only for vehicles with comprehensive insurance (excluding those with third-party only).
- Require fleet details and cover only listed vehicles.
- Deductibles are high (₹25,000 to ₹5,00,000).
- Claims generally require court intervention, with limited support from insurers.
- Limited defense cost coverage and minimal legal assistance.
- Private Insurance Companies:
- Cover broader risks including accidents, fire, burglary, leakage, truck hijacking, and short/non-delivery.
- Cover both owned and hired vehicles with comprehensive or third-party insurance.
- Include coverage for ODC cargo, hazardous materials, chemicals, and gases.
- Deductibles are lower (0.25% of claim value, min ₹5,000).
- More flexible claim settlement, often without court involvement.
- Cover full defense costs with legal assistance readily available.
- Premiums and terms are negotiable based on coverage and deductible.
- Fidelity guarantee insurance available for theft/fraud by employees (excluded under basic CLL).
Our Approach at AK Insurance Marketing Pvt Ltd (BimaSathi)
- Extensive product knowledge from 20 years handling recovery and claims.
- Custom-designed CLL products tailored for logistics and transport business needs.
- Pan India marketing and sales with strong ties to both government and private insurers.
- Expert claim support—from loss intimation to settlement—helping clients navigate complex situations.
- Majority clientele are from transport and logistics, allowing bespoke solutions and deeper understanding of industry risks.
Why Choose Us Over Other Agents?
| Parameter | Other Agents/Brokers | BimaSathi (AK Insurance Marketing Pvt Ltd.) |
| Product Knowledge | Limited knowledge of CLL product | In-depth claim and product expertise |
| Approach | Often reluctant to sell CLL; mostly govt. quotes | Active sellers with customized, broader product assortment |
| Claim Settlement Support | Minimal ability to assist in claims | Full support through legal and insurance claim processes |
| Insurance Partner | Limited to govt. insurers | Partnerships with govt. and private insurers offering wide options |
| Clientele | Unknown or broad market | 90% transport/logistics industry clients, specialized services |
Contact Information
If you have questions or want expert advice on Carrier’s Legal Liability Insurance, please contact:
Abad Khan
AK Insurance Marketing Pvt. Ltd.
Phone: +91 99996 82324
Email: abad@bimasathi.in
