Product Liability Insurance (PL)

What is Covered

The policy covers legal liability and compensation for bodily injury or property damage caused by a defective product. It may also cover legal fees and expenses associated with defending claims. Optional extensions include product recall and vendor’s liability.

Who Should Buy

Manufacturers, importers, distributors, OEMs, Companies in food, pharma, electronics, and consumer goods

Key Features

• Covers product design, manufacturing, packaging, and labeling errors
• Legal defence costs included
• Can be extended to cover product recall
• Global jurisdiction options available