Tagproduct liability insurance

South Carolina insurance company unveils new Firearms and Gun Program

S

The program is designed to give the firearms and gun businesses greater flexibility in choosing options to tailor coverage to their specific needs. These options include Professional Liability, Care, Custody and Control Coverage for gunsmiths, Product Recall Withdrawal Expense, ATF Local, State, Federal Proceeding Endorsement, Employee Benefits, Additional Insured Vendors Endorsement and Hired...

How Product Liability Insurance Is Vital to Your Business?

H

In today’s world, it is very easy to make claims for a small blunder. And nowadays, no matter what the degree of damage is, there is always an option to file a case. Realizing this, most of the business owners are aware of the fact that only one act of carelessness could lead them to the court and those who are wise get their insurance coverage. Product liability insurance protects the...

Eliminate Your Fears and Doubts about Selling Products with Some Risk

E

Today, “risk” is just part of being in business, but you don’t want to be foolish when selecting what types of products you sell. Today we all face areas of liability so you need to be able to sleep at night and know that you are covered from those risks. More than likely if you or a manufacturer sell a product, you could have shopped for business product insurance in the past...

Product Liability Insurance Coverage Tips for the Business Minded

P

Today’s business world is much different than in the past when things were a lot simpler and life was less complicated. There were your basic products for everyday living and name brands you came to depend on. Now, there is a vast array of products to choose from all competing for the same consumers, and businesses need to know how to protect themselves in the event of unforeseen circumstances...

How to Know If Your Business Needs Product Indemnity Insurance

H

Liability is not a word many sellers and manufacturers like to use or hear in a sentence containing one or more of their products. However, like it or not, product liability is major theme that, whether you make, sell, or lease a product, you should be well aware of. Unfortunately, somewhere along the way in your business, more likely than not, you will be found liable for an injury caused by a...

Is Your Small Business Legally Covered by Product Liability Insurance?

I

Product liability insurance is a requirement for just about all types of businesses. If at the manufacturing level, something is made defective, insurance is needed there. If this defective product works its way through the chain to wholesalers and then retailers, both can be sued too, therefore, it is incumbent upon them to buy product liability insurance too. Product liability insurance covers...

The Benefit of Negligence Insurance Protection for Product Liability

T

If you are into the product manufacturing business, you must get business insurance for products . This can protect you against damage claims made by people who have been harmed by the products. You can get protection against consecutive damage too. Serial damage is the damage of multiple persons from any defect of a product series. Liability can be reduced with the help of the law. The liability...

Why Imported Products Need Liability Insurance Coverage

W

Every month there are many products that are imported from overseas that will be sold to consumers. Many of these products will cause product liability claims and suits. The companies that sell and distribute these products should make sure they are protected with products liability insurance coverage from a good insurance company. A product liability claim can cost a business many thousands of...

Why Product Liability Coverage is a Must for Product Manufacturing and Sales

W

Product liability negligence can be very serious if a claim is made and your business is involved. Businesses that manufacture or sell products have risks that must have defense to product liability claims making a products liability insurance policy necessary. The product liability policy has some limits of coverage. The insurers limit their interventions to a certain amount per claim per year...

A Few Simple Tips When Applying for Product Liability Coverage

A

Product liability insurance belongs to a type of liability insurance coverage, which typically does not contain a general structured plan. It is dependent on the type of business, like some may want to purchase the policy for sports goods or any other popular sort of business, and some may want it for an industrial or a less publicized business. The companies involved in making goods are in a...

Recent Posts

Categories

Helpful Related Insurance Terms