Product Liability
- Details
- Category: Other Services
- Published on 07 July 2012
- Written by Super User
- Hits: 246
This insurance is intended to provide an indemnity to the insured (up to the limit of liability) in the event of a claim being brought against him. This may be caused by anything harmful or defective in the products sold or supplied by the insured in connection with the business specified. The Company in addition will reimburse all costs and expenses incurred with its written consent defending such a claim for compensation. The insurance will however not cover the cost of removing, replacing or repairing defective products or loss of use thereof.


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