Product liability Insurance
Take control of risk with Product Liability Insurance and give your business the stability and peace of mind it deserves. This coverage supports your growth by helping you enter new markets — including international ones — with the confidence that your partners are protected from risks related to the use or sale of your product. Security is not an expense; it is an investment in the future. In the growth of your business. In the continuity of your operations. And in the long‑term trust of your customers and partners.
Product Liability Insurance is designed to cover the liability of insured legal entities for damages culpably caused to third parties as a result of the use or sale of their products.
Our Product Liability Insurance protects both individuals and legal entities, giving your business the confidence to operate without hesitation. When the policy is taken out by a company, the coverage extends seamlessly to the organization itself, its legal representatives, and every employee involved in the production or distribution process.
Although voluntary, this insurance adds a powerful layer of security — strengthening your brand, reassuring your partners, and safeguarding the people who drive your business forward.
- Compensation amounts that the insured is legally obligated to pay to third parties for property or non‑property damages arising from the use or sale of the product during the insurance period.
- Expenses incurred to limit or prevent further damage.
- Expert and witness fees in civil proceedings brought against the insured in connection with insured events covered by the policy.
- Flexibility and an individual approach – tailored insurance solutions based on the specific nature and risks of your business.
- Suitable for manufacturers, distributors, and retailers – regardless of the type of product you offer.
- Protection against legal claims – coverage of legal expenses related to product liability cases.
Frequently Asked Questions
Yes, the insurance is specifically designed to cover damage caused by defects in the products you manufacture and/or install.
To take out insurance, you need to fill out a risk assessment questionnaire at our office. You can also submit an application via the "Online" section of the main menu on the website.
Product liability insurance is not mandatory, but it is recommended for all manufacturers, distributors, and others who bear legal responsibility for their products.
The insurer shall not be liable for damages:
- Caused by a product while it is on the insured's premises or before the product is accepted by the consumer;
- Damage caused by non-compliance with regulatory requirements for quality, packaging or storage, expired shelf life, lack of quality certificate, etc.
The initial premium is determined depending on the type of product, the expected turnover declared by the insured during the insurance period, and the agreed liability limits. The final premium amount is calculated at the end of the period based on the actual turnover achieved.
