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PRplus - Product Recall

PRplus - Product Recall

Product recall is often specifically excluded from Products Liability cover, leaving the business vulnerable to any product recall loss.

PRplus is LIU’s Product Recall policy for consumer and commercial durable products.

At a glance:

  • Broader cover than standard extension to General Liability policies
  • Losses include:
    • recall costs (both retailer and customer)
    • replacement, refund and repair costs
    • loss of profits
    • consultants and advisor costs
  • Customised for individual client’s needs
  • Target market includes (but not limited to):
    • toys and bicycles
    • electronics
    • whitegoods
    • power tools
    • clothing
    • home and office furniture
    • pool supplies.

 

 

 

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Liberty International Underwriters a trading name of
Liberty Mutual Insurance Company (ABN 61 086 083 605) incorporated in Massachusetts, USA 
(the liability of members is limited).

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Copyright 2017 Liberty International Underwriters

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