About This Policy
Product Liability Insurance protects businesses from claims related to injuries or damages caused by defective products. It's crucial for any business involved in manufacturing or distribution.
What's Covered
The policy covers legal liability and compensation for bodily injury or property damage caused by a defective product. It may also cover legal fees and expenses associated with defending claims. Optional extensions include product recall and vendor’s liability.
Key Features
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Key Features
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Covers product design, manufacturing, packaging, and labeling errors, Legal defence costs included, Can be extended to cover product recall, Global jurisdiction options available
Who Should Buy?
Manufacturers, importers, distributors, OEMs, Companies in food, pharma, electronics, and consumer goods