Business Resources

What does product liability insurance cover?

By

Chris Andreou

What does product liability insurance cover? guide
What does product liability insurance cover?

Contents

Product liability insurance covers compensation claims and legal fees if someone sues you because they've been injured or their property has been damaged by one of your products.

Product liability insurance is an important type of insurance that all businesses should consider. It is designed to protect businesses from the financial costs associated with claims made against them for products that have caused injury or damage. In the UK, product liability insurance is a legal requirement for businesses that manufacture, distribute or supply products to consumers.

Product liability insurance is designed to cover the costs of defending and settling claims made against a business for injury or damage caused by a product that the business has supplied. This type of insurance is important because it helps to protect businesses from the financial costs associated with such claims.

Product liability insurance covers claims made against a business for injury or damage caused by a product that the business has supplied. This includes claims for negligence, breach of contract, misrepresentation, or strict liability. It also covers claims made against a business for products that have not been manufactured or supplied by the business, but are sold or distributed by the business.

Product liability insurance can also cover the cost of defending claims made against a business for products that have been recalled due to safety issues. This type of insurance is particularly important for businesses that manufacture or supply products that are used by consumers, as it can help to protect them from the costs associated with product recalls.

Product liability insurance can also cover the cost of repairing or replacing products that have been damaged due to a defect. This type of insurance is important for businesses that manufacture or supply products that are used by consumers, as it can help to protect them from the costs associated with product repairs or replacements.

Product liability insurance is also important for businesses that sell or distribute products that are used by consumers, as it can help to protect them from the costs associated with product recalls. This type of insurance can also cover the cost of defending claims made against a business for products that have been recalled due to safety issues.

Product liability insurance can also cover the cost of defending claims made against a business for products that have been recalled due to safety issues. This type of insurance is particularly important for businesses that manufacture or supply products that are used by consumers, as it can help to protect them from the costs associated with product recalls.

Product liability insurance can also cover the cost of defending claims made against a business for products that have been recalled due to safety issues. This type of insurance is particularly important for businesses that manufacture or supply products that are used by consumers, as it can help to protect them from the costs associated with product recalls.

Product liability insurance is an important type of insurance for businesses that manufacture, distribute or supply products to consumers. It is designed to protect businesses from the financial costs associated with claims made against them for products that have caused injury or damage. In the UK, product liability insurance is a legal requirement for businesses that manufacture, distribute or supply products to consumers.

Product liability insurance is an important form of protection for businesses that manufacture, distribute or supply products to consumers. It helps to protect businesses from the financial costs associated with claims made against them for products that have caused injury or damage. It is important for businesses to understand the types of claims that are covered by product liability insurance, and to ensure that they have the right level of cover for their business.

Product liability insurance covers compensation claims and legal fees if someone sues you because they’ve been injured or their property has been damaged by one of your products.

Read more of our free business resource guides

Business accountant available for free consultation

Speak to an accountant

Get a free 20 minute consultation about starting your business

Business accounting from £35