Manufacturing Liability Insurance
Overview
Covers you for a range of manufacturing-specific risks not often addressed under standard policies, including product recall, slow and gradual pollution, errors & omissions and crisis management cover.
Coverage Benefits
Product Defect
Provides cover for losses as a result of a defect or deficiency in the product which may pose a danger to the user.
Errors & Omissions
Covers financial losses incurred by customers and third parties as a result of design, formulation or manufacturing of a product.
Pollution Damage
Provides cover for clean up costs and compensation to third parties arising out of a pollution event. This not only covers sudden and accidental pollution events but extends to also cover slow and gradual pollution as well.
Crisis Management
Covers expenses incurred to help mitigate negative publicity generated by a crisis event.
Consequential Losses
Covers business interruption losses resulting from a covered claim.
Territory/Jurisdiction
NZ and Pacific Islands domiciled risks
Worldwide Jurisdiction can be provided
Target Segments
Machinery and parts manufacturing
Metal products manufacturing
Plastic products
Furniture (excluding infants)
Clothing
Electricals
Packaging
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Financial Lines