Product Liability Insurance cover
Product liability insurance covers the cost of compensating anyone injured by a faulty product or damage to property caused by a faulty product that a business designs, manufactures or supplies.
This insurance mainly targets the food and beverage industry, cosmetics, pharmaceuticals and manufacturers etc.
It covers;
- Personal injuries caused by a faulty product.
- Loss of, or damage to property caused by the faulty product.
Product Liability Insurance