"Spending a whole day looking for insurance is fun," said nobody, EVER!
  • Insurance Coverage for LPG Consumers

    Rs.40 Lacs worth of Insurance Claims for LPG Consumers?

    Consumers of liquefied petroleum gas (LPG) can claim insurance through their LPG Insurance Policy to gain coverage for injuries or accidental deaths if a gas cylinder bursts. Media reports suggest that consumers who face any accidents due to LPG can claim insurance coverage to the extent of Rs.40 lacs. However, the coverage provided may not be Rs.40 lacs as reported in case of accidents or deaths. Moreover, special coverage or insurance policies for individual LPG consumers is not offered by oil marketing companies.

    Gas agencies (LPG distributors) and oil companies (LPG companies) both take third party liability insurance. LPG consumes will not have to pay any premium but in case of an LPG accident, victims can claim insurance from both the distributor as well as the company. This public liability policy (third party liability policy) offers coverage for personal accident, property damage and reimbursement of medical expenses. The sum insured offered to the victims of an LPG accident depends on the victim and the accident.

    For instance, HP Gas (Hindustan Petroleum) and Bharat Gas (Bharat Petroleum) both opt for United Insurance Company Ltd. when it comes to taking out insurance, and in case of personal accidents, five persons will be covered to the extent of Rs.5 lacs per individual per event. Medical expenses can be claimed to the extent of Rs.15 lacs and property damage up to Rs.1 lac. As well as the aforementioned insurance, third party liability insurance will also be provided by LPG distributors to cover losses arising from LPG accidents.

    Procedure to make an insurance claim if there’s a fire

    • If there is an accident due to LPG, the consumer should immediately bring it to the distributor’s notice in writing. The insurance company and the oil company will then be informed by the distributor about the same. There is no need to contact the insurance company directly or apply for a claim.
    • If there is a debt arising out of an LPG accident, consumers must furnish the originals of inquest report/coroners report, death certificates and post-mortem reports, as applicable, to the oil company.
    • If there are injuries arising out of an LPG accident, consumers must furnish the doctor’s prescriptions and medical bills in original to support the purchase of medicines. The discharge card along with other hospitalisation-related documents must also be submitted in original.
    • If there is damage to property arising out of an LPG accident, a surveyor will be appointed by the insurance company to assess the loss incurred by the registered premises.
    • The local distributor must be contacted to assist you in finishing up all the formalities associated with an insurance claim.
    • The ISI-mark accessories, like gas pipe and lighter must be used to make sure that the company will not reject your claim. Maintenance checks by your gas dealer are recommended at regular intervals of time.

    The number of injuries and deaths related to LPG is increasing each year, and oil distributors as well as oil marketing companies shell out crores of rupees towards insurance claims. However, lack of awareness regarding the LPG insurance policy has witnessed a large number of households incur losses without cover. So go ahead and spread the word and help victims of LPG accidents receive the coverage they deserve.

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