Products liability insurance covers the Insured against all sums which the Insured will become legally liable to pay in respect of:

• Accidental death of or bodily injury or disease contracted by any person,
• Accidental loss of or damage to material property, occurring through the fault or negligence of the Insured caused or arising from any goods or other property and their container(including Labeling, packaging) sold, supplied, delivered, installed, erected, repaired, altered or tested by the insured after they have ceased to be in the custody or control of the goods or property

• Accidental bodily injury (including illness) to any person
• Accidental loss of or damage to property
• Consequential loss sustained by any person arising as a result of a claim under (i) and/or (ii)above caused by the nature or condition of the products or their containers manufactured sold serviced or tested by the insured or by his employees in the course of their business

Some of the exclusions include:

• Fines and penalties
• Damage to products insured.
• Recall costs and liability arising out of the products/goods failing to achieve or fulfill the purpose for which they were intended for (Efficacy Risks)
• Gradual pollution
• Bodily injury or loss of damage or loss of property suffered by the insured from use of the product