Designed for manufacturers, retailers and distributors of finished consumer products
Covers losses arising from:
Who is it for?
- Accidental omission, introduction or substitution of components or substances
- Errors occurring in any stage from design, through to labelling and storage
- Intentional damage that could cause the product the product to be harmful
Policy covers
- Manufacturers of a wide range of finished goods.
The policy covers costs to inspect, withdraw, or destroy the product incurred within 12 months after the recall, including:
- Communication (radio, TV, Internet, ads…)
- Shipping from purchaser, distributor or user
- Overtime and additional personnel costs
- Storage costs and cost of disposal
- Redistribution
- Independent Security, PR or Recall Consultants