OVERVIEW

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

1. a) Accidental death of or bodily injury or disease contracted by any person,

 b) 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

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