Knowing you have a team of experts across the UK, who understand your complex risks and can help you face them with confidence is more important now than ever before.
Contaminated Products and Recall
Does your product liability insurance cover the real costs of a product recall?
Product recalls present real threats to retailers and manufacturers: loss of sales, customer confidence, hard-won retail shelf space, and supply contracts.
Skilful handling of a recall can minimise damage demonstrating reliability and professionalism to wholesale and retail connections.
Is for manufacturers, retailers & distributors of topical or ingestible products: food, drinks, cosmetics, pharmaceuticals & tobacco.
Is for manufacturers, retailers and distributors of finished consumer products.
Covers losses arising from
Accidental or unintentional contamination, impairment or mislabelling resulting from any stage from production to sale that could result in harm to users within 120 days of contact
Actual, alleged or threatened, intentional tampering with the product to make it harmful
Threats to tamper with a product in order to extort money
Policy covers
Recall costs
Business interruption (lost gross profit)
Rehabilitation costs
Consultancy costs
Adverse publicity (optional)
Who is it for?
Food, drink, tobacco, cosmetics and pharmaceutical companies.
Covers losses arising from
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
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
Who is it for?
Manufacturers of a wide range of finished goods.