Asia and particularly China are known as the factory of the world.
Manufacturing companies focus on consumer goods such as garments, electronics, toys and many more. These companie’s main risk is focused on the products they sell. Here lies their main liability.
Product Liability (or Commercial General Liability (CGL) Insurance) and Product Recall are the principal’s covers of those businesses.
Manufacturing companies working on a specified project (i.e., aeroplane, boat construction, industrial material etc..) may have to face risk during construction or erection. They will be cover through Construction All Risks or Erection All Risks.
Besides this, here are a set of cover that shall study any Manufacturing Business to limit their risks.