Product Liability Insurance: Protecting Your Business When You Need It Most
Whether you're a manufacturer of lubricants, a distributor of electrical components, run a hair salon recommending conditioner to clients or have a cleaning business that uses cleaning products, product liability insurance can help protect you. That's because if you make, sell or recommend products to clients and something goes wrong, you could be found liable in law. If a customer of yours gets injured or becomes ill as a result of a product you've supplied them with, you could be sued for damages, even if you didn't make the product in question.
Product liability insurance through Coversure will not only afford you financial protection against things such as legal fees, but it can also assist with compensatory costs and other associated costs in defending your business. Compensation claims over product liability can run into thousands of pounds, and if you don't have cover a claim could see the end of your business.
Does Your Business Need Product Liability Insurance Cover?
Even if you don't consider yourself a typical customer of product liability cover, you'll be surprised by how many companies can benefit from getting a product liability insurance quote. If your business manufacturers, supplies or even designs physical products, you could be held liable by members of the public that become injured or ill as a result. So, this means that the following businesses could benefit from having this protection in place;
- IT consultants and web developers
- Security firms
The list goes on and on...