Product Recall Insurance
Companies rely on the quality of their product to protect product brand and company reputation. Accidental product contamination, malicious product tamper or an extortion demand can rapidly cause considerable financial hardship to a company.
Product recall coverage provides package of measures to ensure that the damage to businesses is minimised by enabling the company to respond swiftly to the need to take appropriate action.
- Accidental Contamination triggered by actual or potential bodily injury or physical damage
- Malicious Contamination by an employee or third party
- Extortion demands
- crisis management response addressing areas such as public relations, security and health department liaison
- consultants before, during and after an Accidental Contamination, Malicious Contamination or Extortion demand
- Recall expenses including communication, transportation, warehousing and additional staff costs
- Customers' recall expenses
- Destruction or reworking costs
- Product replacement costs
- Loss of gross profit for an indemnity period up to 12 months after event
- Product rehabilitation
Completion of the form will enable us to obtain an indication of terms for you - further information may be required to formulate a firm quotation. If you require urgent assistance, please call us directly on 01270 767327.
