Whether you are a manufacturer, importing products in internationally or domestically, Product liability insurance is essential for businesses. Regardless of size or industry, exposure to litigation exists. Professional Liability Insurance provides crucial protection against legal claims arising from injuries or damages caused by products a business brings into the marketplace.
There are three main types of product liability claims:
A manufacturing defect occurs when a product is not made according to its intended design. For example, if a toy has a small part that breaks off and becomes a choking hazard, this would be considered a manufacturing defect.
A design defect occurs when the product's design is inherently dangerous. For example, if a car's brakes are not designed to stop the car quickly enough to avoid an accident, this would be considered a design defect.
Failure to warn occurs when the manufacturer does not provide adequate warnings or instructions for the safe use of the product. For example, if a medication does not warn users of potential side effects, this would be considered a failure to warn.
If you are interested in a quote, please contact us.
There are three main types of product liability claims:
A manufacturing defect occurs when a product is not made according to its intended design. For example, if a toy has a small part that breaks off and becomes a choking hazard, this would be considered a manufacturing defect.
A design defect occurs when the product's design is inherently dangerous. For example, if a car's brakes are not designed to stop the car quickly enough to avoid an accident, this would be considered a design defect.
Failure to warn occurs when the manufacturer does not provide adequate warnings or instructions for the safe use of the product. For example, if a medication does not warn users of potential side effects, this would be considered a failure to warn.
If you are interested in a quote, please contact us.