PRODUCTS RECALL INSURANCE
Several high profile products recalls have demonstrated the damage that can be caused to a company’s brand and revenue.
Examples of recent recalls include Galaxy Samsung, IKEA and McDonalds.
The risk is substantial and can be devastating for the company involved.
Products Recall Insurance should be considered in particular by companies involved in the food & drink, automotive, pharmaceutical and consumer durable industries.
The coverage provided is for the cost of recall, cost of destroying the defective products, replacement costs, rehabilitation cost and business and business interruption.
Please contact us for further information