Introduction
Every business is at risk of any damage it may cause to third parties from the products it manufactures, imports, markets and sells. A risk that can even cost the company its very existence.
The policy covers
This is a flexible insurance program for the liability of the Insured (manufacturer, importer or dealer) from negligent acts or omissions in relation to the supply, installation, modification or processing of his products
The policy is addressed
To all companies active in the production, distribution and sale of products such as:
Restaurants, hotels
Stores (wholesale and retail)
Product importers
Product manufacturers
Product Distributors / Suppliers
Product sellers (stands, stores)
Businesses that sell products
Covers
The Insured’s legal liability for compensation to other persons in respect of accidental bodily injury or death by accident or disease and accidental loss or damage to their property caused by and in connection with the production or placing on the market for consumption or use of defective products in the context of its commercial activity
The legal costs and expenses that the claimant is entitled to recover from the Insured as well as the legal costs and expenses incurred with the written consent of the Company in connection with the defense, investigation or settlement of the claim
Extensions
Represented and Others Coverage
Liability of Sellers
Compensation for Court Appearance
Defective Products – Defense Costs
Clarification
The above information may differ from one Insurance Company to another. Depending on the insurance policy that will be proposed to you, you will get all the relevant information you need, so that you can decide on your own choice. Request our offer today. Based on your own insurance needs and budget, we will choose the right insurance for you.