What Is Products Liability Insurance?
Products liability insurance provides cover for compensation claims costs and expenses, for injury, or loss or damage to other people’s property, arising out of, or in connection with, any product or completed work for which you are responsible.
Products Liability Insurance – Do I Need It?
Whilst products liability is not required by law, it is almost an essential purchase for any business which is supplying, manufacturing, distributing, wholesaling or retailing any products or goods. Anyone in the supply chain can be pulled into a legal action and potential injury claims and legal defence costs can be significant.
Compare Products Liability Quotes
In many instances, products liability can be purchased in conjunction with public liability on a single policy. However, for risks with a greater exposure, a standalone products policy can be advantageous. At Insync, we can access a number of unique schemes which specifically cater for all types of product led risks, from electronic devices, vape and e-cigarettes, to food and beverage supplies. Our team of expert advisors will make it their business to help you understand your risk and compare quotations from up to 10 of the UK’s leading insurers.