{"id":10705,"date":"2020-05-11T20:56:13","date_gmt":"2020-05-11T17:56:13","guid":{"rendered":"https:\/\/www.holfinasig.ro\/?page_id=10705"},"modified":"2020-10-18T20:44:19","modified_gmt":"2020-10-18T17:44:19","slug":"product-liability-insurance","status":"publish","type":"page","link":"https:\/\/www.holfinasig.ro\/en\/business-insurances\/product-liability-insurance\/","title":{"rendered":"PRODUCT LIABILITY INSURANCE"},"content":{"rendered":"

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Whatever your role in the supply chain you may be accused in connection with your products<\/h2><\/div>[vc_column_text]\"\"Where products cause injury or damage, legal battles can go far beyond between consumer and the company that supplied them; a ripple effect throughout the entire supply chain can make proceedings lengthy, complex and extremely costly.<\/p>\n

Use an experienced commercially-minded broker to get you quality cover when you need it most. Use our services.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column css=”.vc_custom_1581792462279{padding-top: 50px !important;}”][vc_tta_accordion][vc_tta_section title=”What does Product Liability insurance cover?” tab_id=”1581792306998-8b7e02c8-83ad”][vc_column_text]Product Liability insurance protects against claims for personal injury or property damage arising from products sold by your business.<\/p>\n

Useful for companies that make, supply or sell products to the public.\u00a0If products cause damage, illness or hurt someone, it is likely they\u2019ll seek compensation through the courts.<\/p>\n

The main purpose of Product Liability insurance is to cover legal costs and damages.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Why you need Product Liability insurance?” tab_id=”1581792307015-14191d2b-6007″][vc_column_text]<\/p>\n

If you\u2019re making, selling or distributing things, product liability insurance is a wise choice.<\/p>\n

Sometimes claims will be justified, others spurious. Either way, they can end up costing you a lot of money. Unwarranted claims still need to be taken very seriously \u2013 your company\u2019s reputation and brand value is under threat.<\/p>\n

Without robust Product Liability insurance, you may face huge legal bills, with a direct impact on your business. The insurance gives you the confidence to normally run your manufacturing \/ commercial activities and the freedom to innovate (e.g. investing in new products).<\/p>\n

[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Common Product Liability claims” tab_id=”1589219735292-c67affad-050e”][vc_column_text]<\/p>\n