Product Recall Insurance
Our Product Recall Insurance provides financial protection against product recalls and helps you maintain operational continuity and customer confidence, whilst being safeguarded against financial loss.
What is Product Recall Insurance?
Our Product Recall Insurance covers your business from any first and third-party losses that are contaminated or recalled products. A product recall insurance claim may also be triggered by property damage or actual or imminent bodily injury.
Who we cover
Product Recall Insurance is essential for manufacturers, distributors, and retailers of consumer goods, food and beverages, pharmaceuticals, automotive parts, electronics, and other products that could pose a risk to consumer safety if found defective or contaminated.
Why choose us
Our Product Recall Insurance coverage includes a range of expenses associated with recalling a defective or contaminated product from the market. This includes notifying customers, shipping products, and disposing of recalled products. We also ensure that business interruption losses due to halted production is covered.
Product Recall Insurance FAQ’s
Product Recall Insurance helps mitigate the financial impact of a recall, ensuring that a business can cover the costs of the recall process and continue operations. It also provides peace of mind by protecting the business from unforeseen expenses and helping maintain customer trust and loyalty.
Product Recall Insurance is essential for manufacturers, distributors, and retailers of consumer goods, food and beverages, pharmaceuticals, automotive parts, electronics, and other products that could pose a risk to consumer safety if found defective or contaminated.
Product Recall Insurance includes expenses related to notifying customers, shipping and disposing of recalled products and any legal or public relations costs incurred during the recall process.