Industries With The Most Product Defect Claims

There are millions of products created and sold daily all over the world. Every product business has a duty to provide the best product they can while also making sure it is safe for the intended customers. There is always a chance a product may not be as safe as a company may believe. [...]

Reasons Businesses Need Product Recall Insurance

Most product companies always keep consumer safety as the number one priority when releasing products. Products include food, medicine, toys, clothes, jewellery, etc. Basically, anything tangible is a product manufactured by a business for a purpose. Businesses invest a large amount into each product, from design to manufacturing to distribution. But what if the [...]

Why Product Recall Insurance is Crucial in the Food Industry?

Every product comes with its risks, especially in the food industry. The food industry is creating millions of products daily. Therefore, various food product risks could be dangerous to the member of the public. Threats could include undeclared ingredients (allergies), untested ingredients or even material contamination (e.g. glass). Therefore, the food industry has to be [...]

2023-03-10T10:19:31+08:00February 18th, 2022|Categories: Business Insurance|Tags: , , |
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