Product Liability Insurance Policy
- Under Law – Manufacturers, suppliers, distributors, retailers and those who make products available to public are held responsible for the injuries those products cause.
- Product Liability insurance is intended to provide protection in the event of a claim being brought if the product they sold or supplied are defective and causes harm
- This insurance is recommended for every business that manufactures products in including food, beverages, clothing, toys, automobiles, Drug & Medicines etc.,
- This insurance can be further widened to include product recall expenses, including crisis responses and publicity