50 lakh if a gas cylinder ruptures and a person dies and ₹ 40 lakh if injured
Utility Desk: If you use an LPG gas cylinder, you should know about the insurance you get on it. According to the information available on the gas companies’ website, this insurance cover provides insurance up to Rs 50 lakh in case of any loss of life or property due to any type of accident caused by the cylinder. The entire cost of insurance on the cylinder is borne by the respective oil companies.
50 lakh on death and 40 lakh on injured
Insurance cover of Rs 40 lakh is covered in case of an accident, while a claim of Rs 50 lakh can be made in case of death due to cylinder rupture. A maximum of Rs 10 lakh compensation can be given to each person who is the victim of an accident.
Who can take insurance?
Petroleum companies Indian Oil, Hindustan Petroleum and distributors of Bharat Petroleum have to get this insurance. These people have to take out an insurance policy for accidents, including third party insurance cover for customers and other assets.
How to claim?
If an accident occurs the customer has to report it to the police station and the LPG distributor within 30 days. To claim the sum insured, one has to keep a copy of the FIR, a bill of expenses for the treatment of the injured and a report in case of death. After giving the information the concerned officer investigates the cause of the accident and informs the distributor gas company if the accident is caused by LPG.
Who pays the insurance claim?
When you report an accident to your LPG distributor, they report it to the relevant oil company and insurance company. It is the distributor who helps the customer complete the necessary formalities for the claim. The distributor and customer service cell have all the details.
It is necessary to check the expiry date of the cylinder for insurance
It is insured at the time of purchase of the cylinder, which is linked to the expiry date of the cylinder. Often people buy it without checking the expiry date. In such a case, no customer is entitled to an insurance claim.
How to check the expiry date of gas cylinder?
Something like D-20 is written on each gas cylinder where the regulator is installed. That is the expiration date of the gas cylinder. The D-20 here means that the expiration date of the gas cylinder is December 2020. Then using this gas cylinder can be dangerous. Such cylinders can cause gas leakage and other problems. A, B, C, D are written on one of the three bars of the regulator above the gas cylinder. The gas company distributes each letter in 3 months. Here A means January to March and B means April to June. Similarly, C is from July to September and D is from October to December.