Product Liability Insurance
Policies issued shall cover all sums which the Insured shall become legally liable to pay as damages in consequence of accidental death/bodily injury or disease to Third Parties and/or loss of or damage to Third Party property arising out of any defect in the products manufactured and covered under the Policy.
Policies issued shall cover all sums which the Insured shall become legally liable to pay as damages in consequence of accidental death/bodily injury or disease to Third Parties and/or loss of or damage to Third Party property arising out of any defect in the products manufactured and covered under the Policy.
- We can include technical collaborators liability, which will be covered at a nominal extra charge.
- Loan and lease manufacturers can also be covered.
- In case of a claim or series, we may pay up to indemnity limit and be free from any further liability.
Do I need Product Liability Insurance?
Product liability insurance coverage is recommended for any business that supplies products. Even with products that appear entirely safe, there’s always the potential for something to go wrong – and accidents do happen. Claims of personal injury or property damage arising from product use (or product failure) can be incredibly expensive, and even if you’re not at fault, you may still incur considerable legal costs while defending yourself.
Products liability safeguards your business by providing cover against such claims, including legal defence costs. So you can confidently go about your work, knowing that your protected if something goes wrong.
Cover all the essentials
It’s important to choose a product liability insurance policy that protects your business in case you supply a product that malfunctions, fails or causes harm.
With our product liability insurance products, you can be confident that you’re protected against a wide range of scenarios, such as:
- Damage caused by software that you supply
- Injury caused by equipment that you supply
- Illness caused by food, beverages or vitamins that you supply
Public Liability Insurance quotes
We provide public and products liability insurance quotes and tailored business insurance packages for all types of business and our policies provide cover across all states including NSW, QLD, Tasmania, South Australia, Northern Territory and Western Australia. For more information, please select your type of industry below:
- Health Care
- Real Estate
- Entertainment and Media
- Professional Services
- Not-for-profit
If you feel any of these forms of coverage are missing from your policy, or if you are starting a business and need product liability coverage, speak to a The CFI Agency agent