Product Recall Insurance

Product Recall Insurance - for when it all goes horribly wrong…

Nobody plans to fail, but it’s sensible to plan for a crisis. When the worst happens, you may have to withdraw a product that has the potential to cause injury or damage.

What if...

• You incur hefty expenses in the withdrawal process? - particularly hard for SMEs to withstand
• You have to find resource and funds for retrieval operations?
• You have to craft delicate and accurate communications with your customers?

Any one of these factors can have a big impact on a business's income.

Product recall Insurance plays an important role in mitigating these costs, helping you manage the PR/brand fallout and protecting your bottom line.

Cover can include:

• Product recall costs
• Additional coverage for consultancy fees
• Consequential Loss
• Rehabilitation costs