Specialist Products Liability coverage and consideration should be high on your agenda when speaking to a client.
Most businesses have confidence in the quality of their product and many will assume that a loss 'won't happen to me', while others are unaware that the width of Product Liability coverage may vary between insurers, so may cut corners with their insurance protection to save money.
However, if the product being alleged to have caused the loss is excluded or the territory where the claim is made is not covered, then there will be a gap in cover and the policyholder may be left to foot the bill in defending their reputation.
How gaps in cover may emerge
Read our Mind the Gap article that aims to identify and assist you in finding out where gaps may exist in your clients' Product Liability insurance cover and the key points you need to check with your commercial clients'.
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