Product Recall & Tampering Insurance

Product Recall insurance reimburses costs incurred to recall and replace a product in the marketplace with a safe one.

Product recalls are occurring more frequently and often receive media attention. A poorly handled product recall can have a catastrophic impact upon brand reputation, an organisation’s assets and even their ability to continue trading.  Whilst a recall extension under a Product Liability policy includes some protection, it does not always reimburse the insured for their own costs incurred to withdraw and replace a product.