By PRADEEP KUMAR SUBUDHI

Bhubaneswar, February 20: Accidents occur unexpectedly, regardless of how cautious we are in life. Many unfortunate incidents lead to the loss of property, health, and even lives. While most people are unaware of the accidental insurance provided by banks through debit/credit cards, there’s also insurance coverage for death, property loss, or injury caused by an LPG gas cylinder explosion in India. 

In case of an LPG gas cylinder explosion in either a household or commercial setting, consumers may be entitled to claim insurance. This is governed by the Gas Cylinder Rules of 2004 and the Explosives Act of 1884, both of which outline provisions for such incidents.

Gas Cylinder Rules of 2004 & Explosives Act of 1884

• LPG cylinder explosions have been a frequent issue across various states in India, leading to fatalities, injuries, and significant property damage.
• If an LPG cylinder explodes, consumers can claim insurance compensation of up to Rs. 40 lakhs.

How to Claim Insurance?

If an LPG gas accident occurs, the consumer must immediately inform the distributor in writing. The distributor will then notify the relevant oil company and the insurance provider. There is no need for the consumer to contact the insurance company or submit a separate claim application. However, the consumer must provide the distributor with specific details about the LPG gas cylinder used and the circumstances of the explosion.

Public Liability Policy for Oil Industries

This type of LPG gas insurance functions similarly to group insurance, which is secured by Oil Marketing Companies (OMCs) and their dealers throughout India. Major OMCs, such as Hindustan Petroleum Corporation Ltd. (HPCL), Indian Oil Corporation Ltd. (IOCL), and Bharat Petroleum Corporation Ltd. (BPCL), purchase comprehensive insurance policies under the Public Liability Policy for Oil Industries. This policy is designed to offer immediate financial relief to victims of LPG-related accidents and covers all LPG customers registered with the respective OMCs.

Key Points:

• These incidents are covered under the Gas Cylinder Rules of 2004 and the Explosives Act of 1884.
• Consumers may claim up to Rs. 40 lakhs in case of an LPG cylinder explosion in their home.
• Despite this provision, many people are unaware of it, which highlights the need for increased awareness.

Consumers must understand their rights and the insurance options available to them in case of such accidents. Awareness of these laws and insurance benefits can provide crucial financial assistance during a distressing time.