Product Liability
Product Liability
If you hand over products to third parties for their use either after producing it, manufacturing it, reselling it or working upon it, you carry product liability. Product Liability insurance covers you in case the product fails or works in an unexpected way resulting in injury to third parties or damage to third party property. This is complementary to a Public Liability cover which specifically will exclude Product Liability cover.
Product Liability can be present in non-physical products as well e.g. software. When so, the risk becomes a little more sophisticated. We, however, have been managing these for our clients for a long time.
Let us understand your business and we will propose a cost-effective and reliable cover for you.