No matter well-designed the products you make or sell may be, accidents do happen – so it’s vital you’re properly protected. With Simply Business, you can buy product liability cover as part of a single business insurance policy, combining it with covers like public liability and professional indemnity.
Product liability insurance protects against claims for personal injury or property damage caused by a product your business designed, sold or supplied. For example, if you sell a toy that causes injury because of a fault, product liability insurance can cover the resulting claim.
Keep in mind that you could be liable even if you didn’t make the product.
Need more detail? Read our FAQs:
While product liability insurance not a legal requirement, you may want it if your business designs, manufactures or supplies a physical product that you sell or give away for free. This is because you could be liable for any property damage or physical injuries caused by a faulty product.
You might be legally responsible if:
Product liability covers you against injury or damage caused specifically by an item you have manufactured, sold or supplied. But public liability covers you if someone is injured or their property is damaged in the day-to-day running of your business.
With Simply Business you can get both as part of a single policy.
If you already have a policy with us and want to add this cover, give our team a call on 0333 014 6683. We’ll check you’re eligible, and help get you up to date.
It’s important to make sure you understand what you need from your product liability insurance.
It’s quick and easy to build a tailored policy with us, adding product liability insurance according to the needs of your business.