You cannot be sure when a product you manufacture or sell might fail. Even if you implement stringent design protocols and take strict quality assurance measures, you cannot fully eliminate the possibility of selling a defective product.
Product defects and flaws, even the most minor ones, can cost your business dearly – both in terms of money and reputation. That is exactly why it is vital to prepare beforehand and protect your business by taking out product liability insurance.
At IC Insurance, we specialise in providing flexible and comprehensive insurance solutions to businesses in need of cover. Our seasoned IC brokers work closely with a network of leading insurers to bring you bespoke insurance packages, tailored according to your individual business requirements.