Products Liability Insurance
Product Liability Insurance guarantees the legal responsibility of the manufacturers (and / or other natural and legal persons who are responsible in the chain from design to production and distribution) for the material and physical damages incurred by the Users and / or 3rd Parties.
No matter how precautionary the companies are, mass production always presents a number of hazards that cannot be foreseen. Problems may occur at any stage of the product's reach to the customer and it is not possible to control the risks associated with suppliers.
Additional Coverages:
Product Guarantee
Product Recall
Financial Losses / Business Interruption
Product Recall Insurance is designed for the collection of products from the market as a result of material and / or physical damages resulting from deterioration, destruction, label and design faults that may occur during the production, distribution, packaging of the product, or if these defects cause a hazard. cover the expenses.
Which sectors can benefit from this insurance product?
Food Industry
Beverage Industry
Bakery products
Alcoholic and Non-Alcoholic Beverage Companies
Chocolate, Confectionary
Supermarkets
Automobile Industry
Furniture Industry
Clothing industry
Home textiles
Electrical - Electronic Manufacturing
Leather Products
Durable Goods
Makine - Machinery Parts
Retailers