WebJul 21, 2024 · Product contamination insurance, also referred to as accidental contamination and malicious tampering insurance, is generally aimed at food and beverage manufacturers, distributors and retailers. These policies tend to offer broad first-party coverage including loss of income. WebThe product recall landscape is changing. Increasing regulation, real-time press coverage and the glare of social media, means that recall events are amplified like never before. Consequences can be severe and include spiralling …
Product Recall Expense Insurance - Swiss Re Group
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Product Recall Application Consumable Products
Webyour own products and 2) third party’s recall costs. Recall costs for own products This insurance covers costs as a result of execution of product recall, when there occurred actual third party bodily injury or property damage or when there is imminent danger of occurrence of third party bodily injury or property damage. Third party’s ... WebRecall and replacement cover Stories and images of defective products can spread around the globe in seconds. Product recall insurance provides vital support to a firm's crisis management response. Our specialist team is the leading independent producer to the London and Bermuda markets. WebThere are two main products available: Contaminated product recall – cover for food & beverage manufacturers. Product recall – cover for a wide range of non-food industries ranging from consumer products to household goods and automotive parts. optifoam gentle liquitrap bordered 6x6