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Product Recall insurance covers the costs of recalling a product from the market and replacing it with a safe substitute. It also provides you with expert support and advice on how to manage a product recall.
Any business that manufactures, distributes or sells toys, household appliances, foodstuffs, beverages, pharmaceutical products, tobacco, cosmetics… the list goes on, but if your reputation depends on the safety and quality of the product you handle, you should consider this insurance. Product recalls can be unavoidable but a poorly handled situation has on many occasions resulted in a catastrophic loss of confidence in a brand.
Having this cover in place provides you with 24 hour access to experts in the field of crisis management who will help you in every aspect of managing the recall, including dealing with a potentially hostile media. You can rest assured that should you be faced with a product recall you will be in safe hands and the very high costs of dealing with the recall will be covered by your policy.
1 Apr 2016
Members of the public can join the fight against insurance fraud by reporting what they know to the Cheatline. Powered by Crimestoppers, the Cheatline is a free service that enables members of the public to anonymously report information or suspicions about insurance fraud. – Cheatline is on 0800 422 0421, or online at www.insurancefraudbureau.org/cheatline. – […]
22 Mar 2016
Spring is finally here and at this time of year there is lots of activity in gardens and allotments across the country. – Additionally, we may be buying new gardening tools and equipment and it is also traditionally a time when burglars target garden sheds, garages and outbuildings looking for power tools, bicycles and other […]
16 Feb 2016
Why you need engineering inspections Compliance with the law To avoid costly HSE fees for intervention Defence against claim or prosecution against your business or its directors personally Avoid equipment downtime Gain efficiency, longevity of plant use and reduce your environmental impact Use this link to identify the types of plant that you […]