Moneylife Foundation's 'Report on Public Liability Insurance in India' is a 360-degree perspective on the rules and regulations governing liability insurance, its functioning and operability - both for massive public tragedies like Bhopal Gas .
“In the US, nearly 40-45% insurance products are liability insurance compared with just 1-1.5% in India. We need to change this and take public liability insurance products to mass market.
Diwali festivity across the country came to an abrupt halt with the news that over 132 people had died when a suspension bridge in Morbi across the Machchhu river had snapped.