Product Liability Insurance
Protect your business with comprehensive Product Liability Insurance solutions. Our coverage ensures protection from financial risks resulting from product-related injuries or damage.
Product Liability Insurance Benefits
Our product liability insurance solutions cover any legal defence costs, settlements and judgments arising from claims or injury and mitigate any financial losses. This way, you can ensure that your business continues in the way it should, along with a strong reputation.
What is Product Liability Insurance?
Product liability insurance is a type of business insurance designed to cover the costs of compensation claims arising from a product causing injury or damage. Our coverage is essential as it protects your business from financial losses resulting from these claims.
Who we cover
Product liability insurance can cover a wide range of businesses involved in the production, distribution, and sale of products. This includes manufacturers who produce or assemble products, distributors who supply products to retailers or consumers, and retailers who sell products to the public.
Why choose us
Whether you’re a manufacturer, distributor, or retailer, our tailored insurance solutions provide peace of mind, protecting your assets and reputation even if you didn’t produce the product. Secure your business today with our reliable and robust product liability insurance solutions.
Product Liability Insurance FAQ’s
Yes, Product Liability Insurance policies can be customised to meet the specific needs of different businesses. Coverage options can be adjusted based on the type of products, the size of the business, and the specific risks associated with the products.
The cost of Product Liability Insurance depends on several factors, including the type of products, the volume of sales, the business’s claims history, the markets in which the products are sold, and the risk management practices in place.
Product Liability Insurance is important because it protects businesses from potentially devastating financial losses due to product-related claims. Without this insurance, a single claim could result in significant legal fees, compensation costs, and damage to the company’s reputation.