Product liability
Review which statutory liability exposures arising from manufactured, supplied or distributed products are included.
Defective products can cause bodily injury, property damage and financial consequences. Additional cover may be required depending on the business.
Review which statutory liability exposures arising from manufactured, supplied or distributed products are included.
Where defective products are installed, removal, replacement and related work can create a significant financial exposure.
If a defective product is combined with or processed into other goods, special financial losses can arise.
Recall costs and series losses are not automatically covered in full. Sublimits and specific clauses require separate review.