Product Recall
Overview
When a recall incident occurs, our comprehensive coverage will cover costs associated with pulling products out of the stream of commerce and replacing them, as well as the expenses to protect the insureds brand and mitigate any further loss. Additionally, our policy also provides coverage to protect profits as well as damages incurred by a third party to help shield everyone impacted by a product recall.
Industry Specific Coverages
Consumable Products
Supply chain error, processing or production error, distribution error
Loss from adulteration or packaging defect
Consumer Goods & Component Parts
Design error, supply chain error, manufacturing error
Loss from defect or mislabelling
Response Services
Crisis Consulting
Investigation Services
Forensic Accounting Services
Legal Services
Reputation Management
Territory
Worldwide
Target Segments
Consumable Products
Bakery & confectionary
Beverages
Canned goods
Dairy products
Frozen foods
Fruits and vegetables
Meat, poultry and seafood
Nutraceuticals
Pharmaceuticals
Consumer Goods & Component Parts
After market products
Apparel & accessories
Appliances & electronics
Sporting goods
Tools & hardware
Furniture
Medical devices
Automotive
Aviation / Aerospace
Metal
Textile, plastic and rubber
General manufacturing
Industries we are unable to write
Consumable Products
Pet food
Bulk products such as commodities, flavourings, preservatives, additives and colourings
Tobacco
Marijuana
Cannabidiol (CBD)
E-Cigarettes
Vaporisable liquids
Consumer Goods & Products
OEM car manufacturers (e.g. Ford, Chrysler, Honda, Subaru, etc.)
OEM aviation manufacturer (e.g. Boeing, Airbus, Embraer, etc.)
Chemicals
Capacity
Up to $5m