Key Features of Product and Liability Insurance

Legal Expense Coverage

Covers legal expenses incurred from product-related claims.

Compensation for Injuries or Damages

Provides compensation for injuries or damages to a person or property caused by a defective product.

Protection Against Financial Losses

Offers coverage for financial losses due to product recalls or a series of lawsuits.

Applicability Across Consumer Goods Industry

Relevant for manufacturers, distributors, and retailers within the consumer goods industry.