PRODUCT LIABILITY INSURANCE covers businesses against potentially catastrophic product-related events:

• Compensation awarded as a result of damage to property or personal injury caused by your product.
• Unforeseen circumstances, such as product faults your quality control system couldn't trace.

Please note that if you simply make an inferior product, you may be unable to make a claim, or even receive insurance coverage. Bad workmanship is not covered either.

Before issuing a policy your insurer will want to know the following:

• Manufacturing or services are conducted according to industry best practice
• Staff are adequately trained
• Equipment and systems are appropriate, up to date and well maintained