Business Insurance
Product Liability Insurance
Don’t let one faulty product destroy your entire business.
Product liability insurance is designed to protect your business if you’re sued because a product you sell, assemble or supply has caused harm to a person or to their property.
Here’s what you need to know!
Who should consider Product Liability Insurance?
If you are a product-based business that makes, assembles, grows, promotes or supplies products to individuals or companies, you should consider product liability insurance.
What can Product Liability Insurance cover?
Product liability is usually part of a public liability policy. It can help cover you against the cost of investigating and defending your business against a claim made against you and your product. It can also cover the cost of any damages awarded to a customer if your business is found to be at fault.
What isn’t covered under Product Liability Insurance?
There are exclusions. There is also often a deductible or excess and limits on cover. Please contact us at JGM Insurance Brokers for more information and we will be happy to help you.