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However well designed the products that you manufacture or sell might be, accidents do happen – and it’s vital that you’re properly protected. With Simply Business, product liability insurance can be bought as part of a single business insurance policy, combining other key covers like public liability and professional indemnity. The main aim? To make sure you’re covered if something goes wrong. It’s quick, quality cover, without the hassle.Compare quotes
Product liability insurance covers you in the event that your product causes injury or damage to a person or their property. You could be liable pay compensation in these circumstances even if you didn’t manufacture the product, and the costs can be severe. You might be liable if your business name is on the product, if your business has repaired or made changes to the product, if you imported it from outside the EU, if you can’t clearly identify the manufacturer, or if the manufacturer has gone out of business. Product liability insurance can protect you against this list of possibilities.
If you already have a policy with us and want to add this cover, give our team a call on 0845 071 0270. We’ll check you’re eligible, and help get you up to date.
It’s very important to make sure you understand what you need from your insurance. Use the check points below to get you thinking.