ArchiveJanuary 2013

The Best Way to Protect Yourself from Damage Claims?

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If you are a manufacturer, having business insurance for products can be great protection for you and your business. The term product liability refers to the liability for damages or negligence against the manufacturer. This is for damages arising out of the end-users due to a defective product. It is in the Products Liability Act of most countries. This act covers the fault-based product...

One Way To Tell If Your Business Needs Insurance for Product Liability

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Most businesses that sell products know that they might have product liability issues surface in the future, but few understand if they need liability insurance, or what type of liability insurance to get. Business liability insurance does usually have some product liability coverage, but some businesses will actually need a policy specifically for product liability. One way to evaluate whether...

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